43 The production festion of a fins is Q-100 Irk-100, P-L-30 and r-40 what is the quantity of labour t hire in order to maximize its sed pecfits? A. 500 B. 150 100 D. 50 1 1 firm should 44. Manisha is willing to aade 1 apples for 1 orange when she has apples and 5 oranges. She is also willing to trade 6 apples for 2 ges when she has 12 apples and 1 oranges. She is indifferent between bundle (6, 5) and bundle (12,3). What is the shape of the indifference curve? Linear B. L-shaped Positive slope D. Vertical line The cost function cw, y)-ya is A. Monotonic and concave Monotonic but not concave C. Concave but not monotonic D. Neither Monotonic nor concave 46. The amount of money we can take away from an individual, after an economic change, hefore the economic change, is called as

43 The production festion of a fins is Q-100 Irk-100, P-L-30 and r-40 what is the quantity of labour t hire in order to maximize its sed pecfits? A. 500 B. 150 100 D. 50 1 1 firm should 44. Manisha is willing to aade 1 apples for 1 orange when she has apples and 5 oranges. She is also willing to trade 6 apples for 2 ges when she has 12 apples and 1 oranges. She is indifferent between bundle (6, 5) and bundle (12,3). What is the shape of the indifference curve? Linear B. L-shaped Positive slope D. Vertical line The cost function cw, y)-ya is A. Monotonic and concave Monotonic but not concave C. Concave but not monotonic D. Neither Monotonic nor concave 46. The amount of money we can take away from an individual, after an economic change, hefore the economic change, is called as

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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