01 09 -- HR MIN SEC Question 44 of 70 (Figure: Average Total Cost and Quantity of Output IV) of scale occur between units of output. Average total cost 10 Long-run ATC 2 A 1.67 9 10 Quantity of output Diseconomies; 5 and 9 Economies; 4 and 6 Diseconomies; 1 and 5 Economies; 5 and 901 09 -- Submit All HR MIN SEC Question 47 of 70 > A sand and gravel company sells pea gravel. It faces two types of customers with the following inverse demand curves: Type A: P = 3.5 - 0.0020 Type B: P = 3-0.0010 where O measures bags of pea gravel and P is the price per bag. The marginal cost is $0.50 per bag. Suppose the business wants to use discounting to price discriminate. The consumer surplus for Type A consumers with the regular price (no price discount) is $ 562.50 1,093.75 625.00 750.00HR MIN SEC The market for plywood (a sheet of wood used in construction) is characterized by the following demand and supply equations: Q" = 800 - 10P and @ = 50P - 1,000, where P is the price per sheet of plywood and @ measures the quantity of plywood. What is the size of the deadweight loss if the government imposes a price ceiling of $25 per sheet of plywood? O $6,000 $3,750 O $4,418 O $8,900 ?01 08 -- Su HR MIN SEC Question 51 of 70 > Gillian quit her sales job, which paid $60,000 per year, and became a middle school science teacher, earning $48,000 per year. Gillian's opportunity cost of switching careers is $_ 48,000 O 12,000 Oo 60,000 1.png