Question 8 ManagerA suggested that in order to cope-up with the demand for their product, they need to accumulate all the capital that they could in relation to their budget. Is this proposal reasonable? Analyze using economic context. 0 Yes, this will improve the capacity of the rm, as such, Supply will match Demand. 0 No, this will increase cost of labor 0 Yes, as this will give them superior advantage since their competitors will not be able to refresh their capital if their machines wore-out O No, because according to Marginal Product of Capital, there is a limit to how much capital a rm can buy, and as such, any additional purchase will not add new output and will just be additional cost Question 9 IfTotal Variable Cost IITVC] is 32Q while Total Fixed Cost [TFCl i5 200. what is the Total Cost if the rm produced zero {0) output? C) No cost Since production is just about to begin 0 Cannot be determined unless Q will be provided C) 200 0 None of the above Question 10 Consumer A lives on a remote place with low to none flow of current information about the market for product A. In this remote place, there are many sellers and may identical products. With that said, can it still be concluded that Consumer A is participating in a Perfectly Competitive Market? Yes O No O Cannot be determined