41) Anna owns a dog grooming salon in Brunswick, Georgia. The above table has Anna’s total product schedule. Anna pays each worker $300 per week and she pays rent of $600 a week for her salon. These are her only costs. When Anna has a staff of 2 workers, her total cost equals
A) $1,200.
B) $300.
C) $10.00.
D) $12.00.
E) $600.
42) Anna owns a dog grooming salon in Brunswick, Georgia. The above table has Anna’s total product schedule. Anna pays each worker $300 per week and she pays rent of $600 a week for her salon. These are her only costs. When Anna has a staff of 2 workers, her average total cost equals
A) $2,400.
B) $300.
C) $10.00.
D) $12.00.
E) $1,200.
43) Anna owns a dog grooming salon in Brunswick, Georgia. The above table has Anna’s total product schedule. Anna pays each worker $300 per week and she pays rent of $600 a week for her salon. These are her only costs. When Anna has a staff of 2 workers, her average variable cost equals
A) $2,400.
B) $300.
C) $6.00.
D) $10.00.
E) $600.
44) Anna owns a dog grooming salon in Brunswick, Georgia. The above table has Anna’s total product schedule. Anna pays each worker $300 per week and she pays rent of $600 a week for her salon. These are her only costs. When Anna has a staff of 2 workers, her average fixed cost equals
A) $600.
B) $6.00.
C) $7.50.
D) $10.00.
E) $2,400.
45) Anna owns a dog grooming salon in Brunswick, Georgia. The above table has Anna’s total product schedule. Anna pays each worker $300 per week and she pays rent of $600 a week for her salon. These are her only costs. When Anna has a staff of 6 workers, her total cost equals
A) $2,400.
B) $300.
C) $7.50.
D) $10.00.
E) $1,800.
46) Anna owns a dog grooming salon in Brunswick, Georgia. The above table has Anna’s total product schedule. Anna pays each worker $300 per week and she pays rent of $600 a week for her salon. These are her only costs. When Anna has a staff of 6 workers, her average total cost equals
A) $2,400.
B) $300.
C) $7.50.
D) $10.00.
E) $4,200.
47) Anna owns a dog grooming salon in Brunswick, Georgia. The above table has Anna’s total product schedule. Anna pays each worker $300 per week and she pays rent of $600 a week for her salon. These are her only costs. When Anna has a staff of 6 workers, her average variable cost equals
A) $2,400.
B) $300.
C) $7.50.
D) $10.00.
E) $1,800.
48) Anna owns a dog grooming salon in Brunswick, Georgia. The above table has Anna’s total product schedule. Anna pays each worker $300 per week and she pays rent of $600 a week for her salon. These are her only costs. When Anna has a staff of 6 workers, her average fixed cost equals
A) $600.
B) $2.50.
C) $7.50.
D) $10.00.
E) $6.00.
Labor (workers)
Output (frijoles)
Total cost (dollars)
0
0
1,000
5
1,000
3,000
10
3,000
5,000
15
4,000
7,000
20
4,500
9,000
49) The above table gives some production and cost information for Flaming Fernando’s, a restaurant that sells Fiery Frijoles. What is the total fixed cost of producing 4,500 frijoles?
A) $1000
B) $8000
C) $9000
D) $2,000
E) More information is needed to determine the answer.
50) The above table gives some production and cost information for Flaming Fernando’s, a restaurant that sells Fiery Frijoles. Between what two levels of output does the marginal cost of producing Fiery Frijoles first begin to rise?
A) 0 and 1000
B) 1000 and 3000
C) 3000 and 4000
D) 4000 and 4500
E) None of the above answers is correct.
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