Question

ce Which of the following is the best example of a long-run decision? A. An automobile manufacturing company is considering whether to invest in robotic equipment to develop a more cost-effective production technique. B. An automobile manufacturing company is considering whether to expand its existing workforce while keeping the same factory and equipment. C. A business consulting firm is considering whether to hire some interns to assist with research and data processing D. A business consulting firm is considering whether to add new computers while maintaining the same number of employees. 45. If the quantity demanded at a price of $10 is 2,000 and the quantity demanded at a price of $8 is 2,400, a price-discriminating monopolist would want to A. charge all consumers the higher price of $10 and sell 2,000 units. B. charge all consumers $8 in order to increase quantity sold to 2,400. C, sell 2,000 units for $8 each and then sell an additional 400 units for $10 each D. sell 2.000 units for $10 each and then sell an additional 400 units for $8 cach. MC E ATC Price, cost AVC Quantity Refer to the graph shown. The supply curve for the perfectly competitive firm is best represented by the segment: A. AB. B. BD C. CE D. DE

Can you provide explanation for answers?

Answer 1

Q44. Option A. As it is related to capital investment which would not vary in the short run

Q45. Option D. As the revenue is more with option d
Revenue = 2000*10+400*8= $23200

Q46. Option C. The MC curve above the AVC curve represents the supply curve, below AVC a firm would shut down rather than supplying