No spectrum

QUESTION 1. A series of multiple-choice questions and other questions. If the statement is false, rewrite it so it reads \"true." A. TRUE or FALSE Variable costs remain constant as output increases. B. TRUE or FALSE If MC is above AVC, then AVC is decreasing. C. TRUE or FALSE The shape of the short run cost curves is directly related economies and diseconomies of scale due to the ability to vary all economic resources. D. Barn Computers, LLC, a barnwsized computer service in a small city centre, produces 100 repairs. Its average xed cost is $5 and its total variable cost is $300. What is the TOTAL COST of servicing 100 laptops? SHOW YOUR WORK. A. $300 B. $305 C. $500 D. $800 E. The difference between costs in the short run and the long run is due to: A. at least one-tosix months time. B. how much can be produced in the short run versus the long run. C. the categorization of variables as variable and/or fixed. D. the work of the entrepreneur and other chief officers, such as the chief nancial ofcer. F. in the short run, as Output increases: A. the difference between ATC and AVC decreases. B. the difference between total cost and AVC decreases. C. marginal cost eventually decreases, D. All of the above are correct. QUESTION 2. Describe the relationship between Marginal Cost (MC) and Marginal Product (MP). Do more than simply define MC and MP, but it's a good starting point. Include a graph in your