$22 00 20.00 18.00 Which size bookstore is more likely to experience diseconomies of scale? Long-run Average cost OA Abookstore selling 1,000 books per month OB. Abookstore seling 20,000 books per month OC. Abookstore selling 40,000 books per month OD. Abookstore seling 80.000 books per month 1,000 20,000 Quantity of books sokd per month 40,00D.000 Average cost

Q: of scale. As Big Jake Lumber expands, the cost of shipping the lumber drops sharply. This is an…

A:

Q: Sarah's copy shop can use four alternative plants. The figure shows the average total cost curves…

A: Answer -  Long run average cost curve - The long-run average cost curve shows the cost of producing…

Q: your) 8 300 175 100 What graph would represent the total fixed cost curve? (A) C B B Figure J (2) O…

A: Total cost is a sum of fixed cost and variable cost.

Q: t's birdhouse factory rents equipment for s students. It pays $50 a day for equipment and $14 e…

A: Variable cost does change with change in the level of output. The fixed cost does not change with…

Q: dTC = 25 + 30Q – 9Q² dQ MC = and fixed cost, FC = 55 , find the (i)total 6. Given marginal cost,…

A: According to the question MC = 25 + 30Q – 9Q^2 and FC = 55

Q: The law of diminishing returns explains diseconomies of scale O True False

A: A production function illustrates the relationship between the output produced in a production…

Q: Q-2-a- Illustrate and explain comprehensively the case of diminishing marginal returns with grphical…

A: 2 a) According to the law of diminishing marginal returns, the marginal product from the factor…

Q: Windhoek Manfacture tender to manulacture nurse's uniform.hecentlu,hündhek manufactue Company its…

A: Total cost (TC) incurred by any particular firm is the sum of all production cost that a firm incurs…

Q: ATC ATC2 ATC3 ATCA 2 4 10 Quantity (thousands of copies per day) A copy shop is choosing between…

A: In a market, when a firm produces an output and tries to generate at a level with the lowest average…

Q: As a firm expands its output, its average fixed cost does which of the following? O It declines…

A: Average Fixed Cost is the total fixed cost per unit of output.  AFC = TFC/Q

Q: A house cleaning business operates using a car. All data in $s. Monthly costs of car lease is 345,…

A: Total variable cost is the aggregate amount of all variable costs associated with the cost of goods…

Q: LR-ATC Q2 Q3 Q4 Output In the above figure, between Q3 and Q4 units, the firm experiences O a.…

A: In a market, economies of scale refers to the economic concept to explain a situation when a firm…

Q: he figure to the right ustrates the longun verage cost curve for a company hat makes motors Suppose…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: Your cousin Vinnie owns a painting company withfixed costs of $200 and the following schedule…

A: Cost is the expenditure incurred by firms on the production of goods and services. Production costs…

Q: Refer to Figure 13-7. This firm experiences disecono mies of scale at what output levels? Figure…

A: Average total cost is the ratio of the total cost and total quantity i.e   Average total cost =…

Q: In Exhibit 7-15, diseconomies of scale are shown in the range of O a. 500 to 1,000 units per week.…

A: Diseconomies of scale surface when a firm or company increases so extensively that the costs per…

Q: (Table) Based on the table, Output is the total cost when producing twenty-one units. Assume TFC =…

A: Total cost is the total economic cost which incurs in the process of production of that good.

Q: 16. If a firm increases both its plant and labor by the same pa the firm is experiencing A.…

A: The changes in long-run average cost with respect to output decide whether the firm is experiencing…

Q: Your cousin Vinnie owns a painting company withfixed costs of S200 and the following schedule…

A: Given: Quantity Variable cost 1 10 2 20 3 40 4 80 5 160 6 30 7 640

Q: Output TFC TVC TC MC ATC A 25 25 ---- -- 1 25 25 50 25 50 C 2 25 40 65 32.5 D 3 25 70 95 E 4 25 110…

A: The marginal cost is the cost of producing an additional one unit of output. Marginal cost (MC) is…

Q: Quantity of cars Oa Ob Oc Od 1-8 6-8 1 2 46 3 4 5 6 7 8 LRATC of car $30,000 20,000 The wagon is a…

A: A firm which is long-run average total cost (LRATC) shows the average cost per unit of output over a…

Q: Diseconomies of scale are present when. Select one or more: O a. total costs fall as output rises O…

A: Large firms may experience economies of scale or diseconomies of scale as their output grow.

Q: Assume that in the short run a firm is producing 800 units of output, has average total costs of…

A: Given:ATC=$150AVC=$100Output=800 units

Q: Ahmed's Pizza House sells extra-large deluxe pizzas at OMR 9.000 per pizza. The cost of ingredients…

A: Total cost includes total fixed cost(TFC) and total variable cost(TVC). Total fixed costs are the…

Q: Number of Cakes VC MC AVC FC TC ATC 50 1 30 2 50 25 4 155 Table 8.3 Table 8.3 presents the cost…

A: Marginal cost is the cost of producing an additional unit of output, If candy produces 3 cakes then…

Q: Total Variable Cost Quantity of Output (Q) Total Cost (TC) (TVC) $__ $9 1 8. 19 4 11 --- 12 O $8 O…

A: The organizations in a market measure different types of costs, and they all are related to each…

Q: Problem 9: Given below is the cost schedule of a firm. Its average fixed cost is 20 when it produces…

A:

Q: 8. A businessman is thinking of opening a factory in one of these places in Ethiopia: Bahir Dar, or…

A: Represent the table showing the fixed cost and variable cost as follows:

Q: is t possible for accounting profit to be positive and economic profito be negative? OA No, economic…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: 4. Maggie Bakery has total costs of 3s +75s + 75 and she sells 10 cookies, her average variable cost…

A: (Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Your cousin Vinnie owns a painting company with fixed costs of $200 and thefollowing schedule for…

A: Cost is defined as an expenditure that is incurred in the production of a product or service or to…

Q: stlon 24 One of these intersects the horizontal axis and may reach the negative area: O Total…

A: Question 24 The answer is Option 2 - Marginal Product Therefore, Marginal product intersect the…

Q: 8. Ahmed's Pizza House sells extra-large deluxe pizzas at OMR 9.000 per pizza. The cost of…

A: Answer - Given in the question - Price of extra-large deluxe pizzas - OMR 9.00 Cost of ingredients…

Q: of yeast, and 2 TS (tablespoons) of almond paste. An almond-filled croissant requires 3 ounces of…

A: Bear claw : 6 ounces of flour, 1 ounce of yeast, 2 TS of almond paste.  Almond-filled croissant  : 3…

Q: 10:29 A bartleby.com ce ago A company manufactures small refrigerators. The total cost to…

A:

Q: 9. At an output level of50 units per day a firm has average total costs of $60 and averagevariable…

A: here we can find the total fixed cost as follow

Q: Find the value of B. Quantity Total Cost $5,000 Fixed Cost Variable Cost $1,000 $1,000 |Average…

A: Fixed cost (FC): - it is the cost incurred on the fixed capital assets like land, building,…

Q: Table: Cakes Number of misers Fised Average Variable Cest Cests $1.000 S10 1,500 2,500 Use Table:…

A: Total cost is the total expenditure done by the producer in the production process. The total cost…

Q: Refer to the information provided in Table 8.2 below to answer the question(s) that follow. Show…

A: Total Cost is the Cost incurred by producer when they start production it includes , Total Fixed…

Q: The production function for a product in given by q-10OK a merginal product functiore MP100K and…

A: Firm will minimise cost at a point where marginal rate of Transformation is equal to the price ratio…

Q: When Yennefer produces 41 spells her average total cost is $47.08 and her fixed cost is $306. What…

A: Total cost = Fixed cost + Variable cost  Total cost = Average total cost * output

Q: Refer to the to graph on the right Which level of output in the graph below represents the minimum…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: Number of Cakes VC MC AVC FC TC ATC 50 1 30 2 50 25 4 155 Table 8.3 Table 8.3 presents the cost…

A: Meaning of Cost: The term cost refers to the situation under which a firm occurs various expenses…

Q: 3. What is the average variable cost (AVC) of producing 3 tables? * a. 10 Ob.6 Oc 3 d. 5

A: Average variable cost= Total variable cost/ Q Here total variable cost at three units needs to be…

Q: The change in fotal costjof proaucCuọn as the output or total product of the business is expanded…

A: Production cost refers to the overall cost of manufacturing a given amount of a good or selling…

Q: Dillon sells football. When output = 200, average fixed costs (AFC) = $3; and total variable costs…

A: Total cost is a sum of fixed cost and variable cost.

Q: The behavior of long run average cost determines what is known economies of scale, constant return…

A: The long-run average cost shows the cost of producing per unit of output in the long-run. The…

Q: In order to produce 100 oatmeat cookies, GoodieCookieco inous an average total cost of 025 per cooke…

A: "Total cost in economics is the cost which the firm incur to produce a certain units of output."

Q: 11. If average total cost is 100 for a given output and marginal cost is 70) we then know that…

A: Average fixed cost refers to the fixed cost per unit.

Q: Assume that in the short run a firm is producing 500 units of output, has average total costs of…

A: Total variable cost is the cost that depends on the level of production chosen. It varies with the…