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nguyenduong67 nguyenduong67
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6 years ago
Recall the Application. If a fake killer whale to be used to scare sea lions away from steelhead and other threatened and commercially valuable species cost $11,000 for the mold and $5,000 for materials for each fake killer whale made, then the average or unit cost of producing five fake killer whales would be
A) $5,000.
B) $7,200.
C) $11,000.
D) $16,000.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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wrote...
#1
6 years ago
B
nguyenduong67 Author
wrote...
#2
6 years ago
Recall the Application. If a fake killer whale to be used to scare sea lions away from steelhead and other threatened and commercially valuable species cost $11,000 for the mold and $5,000 for materials for each fake killer whale made, then the producer would face
A) decreasing returns to scale.
B) increasing returns to scale.
C) decreasing demand.
D) increasing average total costs.
wrote...
#3
6 years ago
B
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