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Exhibit 9a.1: Costs for the Zonker Company Quantity (units per week) Total Cost Total Variable Cost (dollars per week) (dollars per week) 20 26 14 36 24 4 50 38 68 56 93 81 128 116 1. What are total fixed costs for the Zonker Company? a. SO b. $8 c. $12| d. $20 2. The marginal cost to the Zonker Company of producing the third unit of output is and the marginal cost of producing the sixth unit of output is $_ a. $10; $25 b. $36; $93 c. $24; $81 d. $25; $40 3. If the market price is $15 per unit and Zonker can sell all it wants at that price, then Zonker maximizes profit in the short run by producing a. 5 b. 3 units per week. C. 4 d. 0

Exhibit 9a.1: Costs for the Zonker Company Quantity (units per week) Total Cost Total Variable Cost (dollars per week) (dollars per week) 20 26 14 36 24 4 50 38 68 56 93 81 128 116 1. What are total fixed costs for the Zonker Company? a. SO b. $8 c. $12| d. $20 2. The marginal cost to the Zonker Company of producing the third unit of output is and the marginal cost of producing the sixth unit of output is $_ a. $10; $25 b. $36; $93 c. $24; $81 d. $25; $40 3. If the market price is $15 per unit and Zonker can sell all it wants at that price, then Zonker maximizes profit in the short run by producing a. 5 b. 3 units per week. C. 4 d. 0

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Exhibit 9a.1: Costs for the Zonker Company Quantity (units per week) Total Cost Total Variable Cost (dollars per week) (dollars per week) 20 26 14 36 24 4 50 38 68 56 93 81 128 116 1. What are total fixed costs for the Zonker Company? a. SO b. $8 c. $12| d. $20 2. The marginal cost to the Zonker Company of producing the third unit of output is and the marginal cost of producing the sixth unit of output is $_ a. $10; $25 b. $36; $93 c. $24; $81 d. $25; $40 3. If the market price is $15 per unit and Zonker can sell all it wants at that price, then Zonker maximizes profit in the short run by producing a. 5 b. 3 units per week. C. 4 d. 0
Transcribed Image Text:Exhibit 9a.1: Costs for the Zonker Company Quantity (units per week) Total Cost Total Variable Cost (dollars per week) (dollars per week) 20 26 14 36 24 4 50 38 68 56 93 81 128 116 1. What are total fixed costs for the Zonker Company? a. SO b. $8 c. $12| d. $20 2. The marginal cost to the Zonker Company of producing the third unit of output is and the marginal cost of producing the sixth unit of output is $_ a. $10; $25 b. $36; $93 c. $24; $81 d. $25; $40 3. If the market price is $15 per unit and Zonker can sell all it wants at that price, then Zonker maximizes profit in the short run by producing a. 5 b. 3 units per week. C. 4 d. 0
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