Author Question: Suppose a firm has an output of 10,000 cans and a total fixed cost of 2,000 . At an output of 5,000 ... (Read 64 times)

waynest · **on:** Jun 30, 2018

Suppose a firm has an output of 10,000 cans and a total fixed cost of 2,000 . At an output of 5,000 the difference between the total cost and the total variable cost is:
a. b and c.
b. 0.40.
c. the average fixed cost.
d. 2,000.
e. 0.20.

Question 2

According to John Maynard Keynes' General Theory of Employment, Interest and Money, the government should _____ in order to get an economy out of a depression.
a. increase spending
b. decrease spending
c. reduce subsidies
d. increase taxes
e. allow the economy to correct itself