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Author Question: A manager invests 400,00 . in a technology to reduce overall costs of production. The company ... (Read 110 times)

CharlieWard

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on: Jul 1, 2018
A manager invests 400,00 . in a technology to reduce overall costs of production. The company managed to reduce their cost per unit from 2 to 1.85 . Ceteris peribus, if the firm continues its production in the same economic environment, the firms accounting profits should
 a. increase
  b. decrease
  c. stay the same
  d. does not affect profits

Question 2

A weaker peso, relative to the US dollar, causes the demand for US exports to ______ and the demand of Mexican imports to______
 a. Increase; Decrease
  b. Decrease; Increase
  c. Increase; Increase
 d. Decrease; Decrease


TDubDCFL

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Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

d


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CharlieWard

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Reply #2 on: Jul 1, 2018
Thank you


TDubDCFL

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Reply #3 on: Jul 1, 2018
No problemo


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