3Brightspace ECON1020 FINAL EXAM F21- Requires Respondus LockDown Browser Time Limit: 2:30:00 Time Left:1:16:33 Thi Hai Yen Dinh: Attempt 1 Page 1: Previous Page Next Page Page 12 of 44 Question 12 (2 points) Page 2: Read the following news article and indicate the effect on average and marginal costs? 2 African Swine Fever Drives Up Pork Prices, Forcing Restaurants to Pay Double More than a quarter of the world's pigs are gone, and pork prices have doubled, which means Page 3: buying bacon or the Christmas ham is getting very expensive. Source: ABC News, December 12, 2019 I w INSTRUCTIONS: Page 4: Just fill in the blank by exactly typing in one of: increases or decreases or unchanged 4 Average fixed cost Page 5: Marginal cost Page 6: Average variable cost MacBook Air 4) 45)) F12 F8 F9 F10 20 898 F5 F6 esc F2 F3 F1