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AP - VC FC TC O QETP 10 0 . 40 1000 15410 133 10 40 40 1000 Norah 10 100 60 210 13. 2
AP - VC FC TC O QETP 10 0 . 40 1000 15410 133 10 40 40 1000 Norah 10 100 60 210 13. 2 Roevelyn 10 138 38 42:06 1502 1200 35. Norah and Evelyn ca 31. Given the production data in the table above, when there are three workers employed, the margin of their time doing a and the average product of labour (AP,) is producing Fans? product of labour (MP, ) is_ A) Norah: 0.2 plane A) 40; 40 B) Norah: 40 plan B) 60 ; 50 C) Norah; 8 fans E 38;46 D) 138; 46 D) Norah: 5 plan 32. Given the production data in the table above, suppose each worker is paid $500 and each unit of caps 36. Given their prod rented for $100. When there are three workers employed, the marginal cost (MC) of production is and the average cost of production is A) Norah has B) Norah has A) $12.5 ; $37.5 C) Norah has B) $100; $10 D) Norah has C) $500; $166.67 $13.2; $18.1 37. Suppose that elastic, an in 33. Suppose the cross-price elasticity of demand between Good A and Good B is negative. If the price of Go increases, the demand curve for Good A shifts and the price of Good A A) A move A) Outward (right); increases B) A move B) Outward (right); decreases C) An outy C) Inward (left); increases OF An Inw Dy Inward (left); decreases 34. Chicken and fish are an example of A) Luxury goods B) Giffen goods C) Complements DY Substitutes
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