q 10,11,12 please thank you multichoice QUESTION 10DeShawn's Detailing is a service that details cars at the customers' homes or places of work. DeShawn's cost for a basic detailing package is$40, and he charges $75 for this service. For a total price of $90, DeShawn will also detail the car's engine, a service that adds an additional$20 to the total cost of the package. What is the marginal cost of adding the engine detailing to the basic detailing package?$20$30$60$60 plus the value of his timeQUESTION 11Costs of production are determinedby the technologies that are available and by input pricesonly by the technologies that are availableonly by the input pricesby the technologies that are available and by the demand for the outputQUESTION 12If a producer is not able to expand its plant capacity immediately, it isbankruptoperating in the long runoperating in the short runO losing money

QUESTION 10 DeShawn's Detailing is a service that details cars at the customers' homes or places of work. DeShawn's cost for a basic detailing package is $40, and he charges $75 for this service. For a total price of $90, DeShawn will also detail the car's engine, a service that adds an additional $20 to the total cost of the package. What is the marginal cost of adding the engine detailing to the basic detailing package? O $20 O $30 O $60 O $60 plus the value of his time QUESTION 11 Costs of production are determined O by the technologies that are available and by input prices O only by the technologies that are available O only by the input prices O by the technologies that are available and by the demand for the output QUESTION 12 If a producer is not able to expand its plant capacity immediately, it is O bankrupt O operating in the long run operating in the short run O losing money

QUESTION 10 DeShawn's Detailing is a service that details cars at the customers' homes or places of work. DeShawn's cost for a basic detailing package is $40, and he charges $75 for this service. For a total price of $90, DeShawn will also detail the car's engine, a service that adds an additional $20 to the total cost of the package. What is the marginal cost of adding the engine detailing to the basic detailing package? O $20 O $30 O $60 O $60 plus the value of his time QUESTION 11 Costs of production are determined O by the technologies that are available and by input prices O only by the technologies that are available O only by the input prices O by the technologies that are available and by the demand for the output QUESTION 12 If a producer is not able to expand its plant capacity immediately, it is O bankrupt O operating in the long run operating in the short run O losing money

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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