$22 0020.0018.00Which size bookstore is more likely to experiencediseconomies of scale?Long-runAverage costOA Abookstore selling 1,000 books per monthB. Abookstore seling 20,000 books per monthC. Abookstore selling 40,000 books per month1,00020.000Quantity of books sokd per month40,00D,000D. Abookstore seling 80,000 books per monthAverage cost

Economics is a branch of social science that describes and analyzes the behaviors and decisions…

$22 00 20.00 18.00 Which size bookstore is more likely to experience diseconomies of scale? Long-run Average cost OA Abookstore selling 1,000 books per month OB. Abookstore seling 20,000 books per month OC. Abookstore selling 40,000 books per month OD. Abookstore seling 80.000 books per month 1,000 20,000 Quantity of books sokd per month 40,00D.000 Average cost

$22 00 20.00 18.00 Which size bookstore is more likely to experience diseconomies of scale? Long-run Average cost OA Abookstore selling 1,000 books per month OB. Abookstore seling 20,000 books per month OC. Abookstore selling 40,000 books per month OD. Abookstore seling 80.000 books per month 1,000 20,000 Quantity of books sokd per month 40,00D.000 Average cost

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Your cousin Vinnie owns a painting company with fixed costs of $200 and thefollowing schedule for variable costs:Calculate average fixed cost, average variable cost, and average total cost for eachquantity. What is the efficient scale of the painting company?
Problem 3 (a) Suppose that when Jane is presented with the following two menus, her choices from them are as below 2 • When presented with the menu {6 units of apples, 5 units of bananas}, Jane chooses 6 units of apples. • When presented with the menu {7 units of oranges, 5 units of bananas}, Jane chooses 5 units of bananas. Suppose that Jane is then presented with the menu {7 units of oranges, 6 units of apples} What must Jane's choice be from this menu so that her behavior conforms to the axioms of rational choice? Explain. (b) Suppose that Frederick choices from the following menus are as follows • For any e > 0³, out of the menu {(4 + ɛ apples and 3 bananas), (5 oranges and 3 bananas)}, Frederick chooses (4 + ε apples and 3 bananas). • Out of the menu {(4 apples and 3 bananas), (5 oranges and 3 bananas)}, Fred- erick chooses (5 oranges and 3 bananas) What axiom of rational choice does Frederick's behavior evidently violate? Discuss.
Don't use ai to answer I will report your answer Solve it Asap with explanation and calculation
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