Question: You should not explain your answer. Just only a correct answer's letter. Thank you! OUTPUT TOTAL COST 0 $13 $20 2 $25 $28 4 $32
You should not explain your answer. Just only a correct answer's letter. Thank you!







OUTPUT TOTAL COST 0 $13 $20 2 $25 $28 4 $32 5 $43 6 $60 From the table above, the profit-maximizing output level is: ( a) 3 ( b) 5 O c) 2 O d) 4 O e) Impossible to determine from the information providedPRODUCTION POSSIBILITIES CAPITAL GOODS CO NSLJ M ER GOODS In the schedule above, if the economy is producing at point D on its PFC, the opportunity cost of an additional 23 units of consumer goods is: O a} 10 units of capital goods O b} 50 units of capital goods 0 C} 20 units of capital goods 0 d] 5 units of capital goods 0 E} 15 units of capital goods INPUT (LABOUR) OUTPUT 0 0 40 2 90 3 126 4 150 5 165 6 180 From the table above, the marginal product of the sixth worker hired is: O a) 30 units of output O b) inpossible to determine from the data provided c) 100 units of output O d) a negative quantity O e) 15 units of outputThe date in the table below shows the hours of labour needed in countries X and Y to produce one unit of food and one unit of clothing. Given this information, which of the following statements is correct? 0 a] K has a comparative advantage in food production, while \"1" has a comparative advantage in clothing production 0 hi Y has a comparative advantage in food production, while X has a comparative advantage in the production of clothing 0 C} neither countrv has a comparative advantage in the production of either good 0 d} X has a comparative advantage in the production of both food and clothing 0 El '1' has a comparative advantage in the production of both food and clothing O UTPLJ T TOTAL COST $12G $25 $28 $32 $43 $60 From the table above, it is clear that the marginal cost of producing the fourth unit of output is: O E] impossible to determine from the information provided INPUT [LABOUR] OUTPUT From the table above, diminishing returns will set in with the hiring of: O a} the first worker O b} the sixth worker O C} the fourth worker O d} the second worker 0 El the third worker \f
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