Multiple Choice
-Anna owns a dog-grooming salon in Brunswick. The above table has Anna's total product schedule. Anna pays each worker $300 per week and she pays rent of $600 a week for her salon. These are her only costs. When Anna has a staff of 6 workers, her average fixed cost equals
A) $10.00.
B) $2.50.
C) $600.
D) $7.50.
E) $6.00.
Correct Answer:

Verified
Correct Answer:
Verified
Q96: In economics, a 'normal profit' is the
Q97: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The vertical distance
Q98: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The U-shaped average
Q99: Bill is an economics lecturer who earns
Q100: Total cost is equal to the sum
Q101: The long-run average cost curve<br>A) always falls
Q103: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The table above
Q104: If Melissa owns a software company that
Q105: For a business, opportunity cost measures<br>A) all
Q106: A firm has explicit costs of $110,000