44. What are variable costs? O Land cost Machinery and IT equipment in short-run Owheat for producing bread a large factory

ENGR.ECONOMIC ANALYSIS
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44. What are variable costs?
O Land cost
Machinery and IT equipment in short-run
wheat for producing bread
a large factory
45. What statement is true
average cost does not include fix cost
marginal cost does not include fix cost
marginal cost always move in the same direction with average cost
None is true
Transcribed Image Text:44. What are variable costs? O Land cost Machinery and IT equipment in short-run wheat for producing bread a large factory 45. What statement is true average cost does not include fix cost marginal cost does not include fix cost marginal cost always move in the same direction with average cost None is true
42. Why the slope of production function become flatter when with more output
produced?
productivity of worker become higher
diminishing return of output to input
more contribution of input when produce more
all are correct
O อื่นๆ:
43. why production cost curve become steeper when more and more output are
produced?
Omore unit of output uses less amount of inputs in decreasing scale
more unit of output uses more cost of inputs in increasing scale
more unit of output uses more amount of input in constant scale
None is correct
O อื่นๆ:
Transcribed Image Text:42. Why the slope of production function become flatter when with more output produced? productivity of worker become higher diminishing return of output to input more contribution of input when produce more all are correct O อื่นๆ: 43. why production cost curve become steeper when more and more output are produced? Omore unit of output uses less amount of inputs in decreasing scale more unit of output uses more cost of inputs in increasing scale more unit of output uses more amount of input in constant scale None is correct O อื่นๆ:
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44. There are different types of costs faced by a firm when it produces a product and these costs are variable cost and fixed cost. Variable cost is the cost that is based on the number of units produced by the firm as it varies with the change in the quantity produced in the short-run.

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