question archive 1) Suppose the total cost of producing 10,000 tennis balls is $30,000, and the fixed cost is $10,000
1) Suppose the total cost of producing 10,000 tennis balls is $30,000, and the fixed cost is $10,000
Subject:BusinessPrice: Bought3
1) Suppose the total cost of producing 10,000 tennis balls is $30,000,
and the fixed cost is $10,000. Suppose that the output of 10,000 was operating at the efficient scale. Will the gap between the average variable cost and average fixed cost get smaller, bigger, or no change as the output increases?
Group of answer choices
2) If an economy invests more than it loses through depreciation ________.
A) the saving rate will fall. B) the saving rate will rise C) the quantity of labor will fall. D) the capital stock will expand.
