I just need the answers for these and tell me the question number with the answer thanks
Safari File Edit View History Bookmarks Window Help ncc.sin.suny.edu C C Home - myNCC Bb Quiz: Production an N NCC Online Remote Vs. Online Learning Student Resource Center NCC MediaSpace Contact Us .. > Production and Costs > Quiz: Production and Costs due 11/12 Quiz: Production and Costs 10 of 18 As the Corner Coffee Shop becomes more popular and sells more coffee, which of the following cost is more likely to increase? Spending on coffee beans and sugar because they are variable costs. Employee wages because they are average costs. Insurance premiums because they are fixed costs. NOV 12 A MacBook Pro esc Q @ S 2 3 4 5 6 8Safari File Edit View History Bookmarks Window Help . . . A ncc.sin.suny.edu Home - myNCC Bb Quiz: Product N NCC Online Remote Vs. Online Learning Student Resource Center NCC MediaSpace Contact Us M .. Production and Costs > Quiz: Production and Costs due 11/12 Quiz: Production and Costs 9 of 18 Considering the following resources and their cost per unit, which production choice would this firm choose? Cost per unit $100 $30 $20 Capital Labor Land Production choice 1 5 2 Production choice 2 2 2 Production choice 3 1 4 3 Production choice 2 Production choice 1 Production choice 3 m NOV 12 ... A MacBook Pro esc A ncc.sin.suny.edu Mac Home - myNCC Bb Quiz: P N NCC Online Remote Vs. Online Learning Student Resource Center NCC MediaSpace Contact Us . > Production and Costs > Quiz: Production and Costs due 11/12 Quiz: Production and Costs 7 of 18 One of the following statements accurately defines production function. Which statement does this? A math equation representing the amount of output that can be produced with the amount of inputs available at a company. A spreadsheet indicating the price of fixed costs for a firm over time represented in a graph. Workers weekly time schedules in a manufacturing plant for the last ten years. NOV 12 A MacBook Pro esc QSafari File Edit View History Bookmarks Window Help 100% Th . . . D Ancc.sin.suny.edu Home - myNCC Bb Quiz: Production and Costs due 11/12 - Blackboard Learn Karimullah Faizy N NCC Online Remote Vs. Online Learning Student Resource Center NCC MediaSpace Contact Us DA ... > Production and Costs > Quiz: Production and Costs due 11/12 Quiz: Production and Costs 1 of 18 Jessica wants to expand her business and use the 10 acre property she owns and rents to a local sheep rancher for $10,000/year, to build a mall for $4 tem 1 million. Jessica's total implicit costs of the expansion plan are Item 2 the foregone $10,000 from the sheep rancher. Item 3 the foregone rent and the cost of the mall. Item 4 the cost of construction of mall and fixed costs of the mall. Item 5 Item 6 Item 7 Item 8 Item 9 Item 10 12 E A Le esc "> Q @ 2 3 5 6 8Safari File Edit View History Bookmarks Window Help . . . D Ancc.sin.suny.edu C Pac Home - myNCC Bb Quiz: Production and Costs due 1 N NCC Online Remote Vs. Online Learning Student Resource Center NCC MediaSpace Contact Us . >Production and Costs > Quiz: Production and Costs due 11/12 Quiz: Production and Costs 8 of 18 average total cost (ATC) is_ A business produces 10 units of output. Its average variable cost (AVC) = $25, average fixed cost (AFC) = $5, and marginal cost (MC) = $30. The firm's $300 $250 $30 NOV 12 MacBook Pro esc Q @ S % 2 3 4 5 6 8Safari File Edit View History Bookmarks Window Help U Ancc.sin.suny.edu Home - myNCC Bb N NCC Online Remote Vs. Online Learning Student Resource Center NCC MediaSpace Contact Us A .. > Production and Costs > Quiz: Production and Costs due 11/12 Quiz: Production and Costs 3 of 18 If there are substantial economies of scale in a market, a large firm will have higher average cost than a smaller one. a large firm will have lower average cost than a smaller one. a large firm will have lower total cost than a smaller one. NOV 12 ...Safari File Edit View History Bookmarks Window Help 100% Thu 12:16 . . . K B ncc.sin.suny.edu DEC Home - myNCC Bb Quiz: Production and Costs due 11/12 - Blackboard Learn Karimullah Faizy 123 NCC Online Remote Vs. Online Learning Student Resource Center NCC MediaSpace Contact Us 0 A .. Production and Costs > Quiz: Production and Costs due 11/12 Quiz: Production and Costs 2 of 18 Which of the following examples is consistent with short term production decisions? Item 1 FreshFood supermarket orders more chocolate and candies in anticipation of Halloween. Item 2 FreshFood supermarket is analyzing the cost of opening 5 new stores in the next 5 years. Item 3 FreshFood supermarket is changing their strategy and specializing in frozen food over the next few years. Item 4 Item 5 Item 6 Item 7 Item 8 Item 9 Item 10 Next MacBool esc Q @ $ 2 5Safari File Edit View History Bookmarks Window Help . . . A ncc.sin.suny.edu PC Home - myNCC N NCC Online Remote Vs. Online Learning Student Resource Center NCC MediaSpace Contact Us On .. > Production and Costs > Quiz: Production and Costs due 11/12 Quiz: Production and Costs 5 of 18 What is a key difference between the short run and the long run? In the short run, all resources are fixed; in the long run, all resources are variable. The cost of resources is higher in the short run than it is in the long run. In the long run, all resources are variable; in the short run, at least one resource is fixed. There are increasing returns in the long run, but diminishing returns in the short run. NOV 12 4 TheBook Pro escSafari File Edit View History Bookmarks Window Help . . . ncc.sin.suny.edu Home - myNCC Bb Quiz N NCC Online Remote Vs. Online Learning Student Resource Center NCC MediaSpace Contact Us A ..> Production and Costs > Quiz: Production and Costs due 11/12 Quiz: Production and Costs 4 of 18 As employment of labor increases, the marginal product of labor will eventually decrease because profitable firms employ better workers first. fixed capital means additional workers are less productive than the workers who were employed before. there's a limit to how product individual workers can be. NOV 12 MacBook ProSafari File Edit View History Bookmarks Window Help . . . U Ancc.sin.suny.edu Mac Home - myNCC N NCC Online Remote Vs. Online Learning Student Resource Center NCC MediaSpace Contact Us ..> Production and Costs > Quiz: Production and Costs due 11/12 Quiz: Production and Costs 6 of 18 Marginal product refers to the quantity of additional output produced when the firm adds additional workers to the production process. the cost of producing a given quantity of output. the quantity of output produced from a given amount of labor, holding other inputs constant. NOV 12 4 ... MasBank Pro esc
