Author Question: The table above shows three production methods to produce 100 automobiles per day. Which of the ... (Read 102 times)

Caiter2013

  • Hero Member
  • *****
  • Posts: 607
The table above shows three production methods to produce 100 automobiles per day. Which of the three methods is technologically efficient?
 
  A) Method A only
  B) Method B only
  C) Method C only
  D) Method A, B and C are all technologically efficient.

Question 2

In the above table, the firm's total fixed cost of production is
 
  A) 3.00.
  B) 4.00.
  C) 7.00.
  D) 29.00.



14vl19

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

For a complete list of videos, visit our video library