Author Question: Cindy's Sweaters' production function is shown in the above table. Cindy rents two knitting machines ... (Read 73 times)

yoooooman

  • Hero Member
  • *****
  • Posts: 557
Cindy's Sweaters' production function is shown in the above table. Cindy rents two knitting machines for 30 a day each and hires workers at a wage rate of 40 a day. If Cindy produces 18 sweaters per day, what is her average total cost?
 
  A) 6.67
  B) 10.00
  C) 11.00
  D) 13.33

Question 2

In general, a fine on smoking cigarettes shifts the ________ curve of cigarettes ________.
 
  A) supply; rightward
  B) supply; leftward
  C) demand; rightward
  D) demand; leftward



Ptupou85

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

For a complete list of videos, visit our video library