Instacart offers consumers a convenient form of home delivery service for groceries. Units ofoutput (q) are individual grocery deliveries/day. Grocery deliveries are achieved through the useof delivery trucks (K) and workers (L). The price of labor (w) is $10/worker. Use the provided graphto answer the question below.K16151413TT2211211109676 CO854321TrueABFalseCq=1009-501 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17LLet's say that Instacart is now operating in the long run. If it is still producing 100 units ofoutput, does Instacart's long run input mix choice help it save on its cost of producing 100deliveries, relative to the short run?

Isocost curve shows the same cost at each point on the curve. Isoquant curve shows the same amount…

Instacart offers consumers a convenient form of home delivery service for groceries. Units of output (q) are individual grocery deliveries/day. Grocery deliveries are achieved through the use of delivery trucks (K) and workers (L). The price of labor (w) is $10/worker. Use the provided graph to answer the question below. K DHHEHH 6543N 16 15 14 13 12 11 10 9 8 7 2 1 True B False D q=100 L Let's say that Instacart is now operating in the long run. If it is still producing 100 units of output, does Instacart's long run input mix choice help it save on its cost of producing 100 deliveries, relative to the short run? q=50 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

Instacart offers consumers a convenient form of home delivery service for groceries. Units of output (q) are individual grocery deliveries/day. Grocery deliveries are achieved through the use of delivery trucks (K) and workers (L). The price of labor (w) is $10/worker. Use the provided graph to answer the question below. K DHHEHH 6543N 16 15 14 13 12 11 10 9 8 7 2 1 True B False D q=100 L Let's say that Instacart is now operating in the long run. If it is still producing 100 units of output, does Instacart's long run input mix choice help it save on its cost of producing 100 deliveries, relative to the short run? q=50 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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already got a) b) c) plz answer d) e) f)!!
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