Question :
40) Anna owns a dog grooming salon in Brunswick, Georgia. : 1226140
40) 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.
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 average total cost equals
A) $2,400.
B) $300.
C) $10.00.
D) $12.00.
E) $1,200.
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 variable cost equals
A) $2,400.
B) $300.
C) $6.00.
D) $10.00.
E) $600.
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 fixed cost equals
A) $600.
B) $6.00.
C) $7.50.
D) $10.00.
E) $2,400.
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 6 workers, her total cost equals
A) $2,400.
B) $300.
C) $7.50.
D) $10.00.
E) $1,800.
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 average total cost equals
A) $2,400.
B) $300.
C) $7.50.
D) $10.00.
E) $4,200.
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 variable cost equals
A) $2,400.
B) $300.
C) $7.50.
D) $10.00.
E) $1,800.
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 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
48) 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.
49) 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 are correct.
50) The above table gives some production and cost information for Flaming Fernando’s, a restaurant that sells Fiery Frijoles. What is the average variable cost of producing 1,000 frijoles?
A) $1
B) $2
C) $3
D) $3,000
E) More information is needed to determine the answer.
51) The above table gives some production and cost information for Flaming Fernando’s, a restaurant that sells Fiery Frijoles. What is the average total cost of producing 4,500 frijoles?
A) $2
B) $225
C) $9,000
D) $8,000
E) More information is needed to determine the answer.
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