menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 43
  4. Exam
    Exam 1: Part B: Limits, Alternatives, and Choices
  5. Question
    Refer to the Above Diagram
Solved

Refer to the Above Diagram

Question 163

Question 163

Multiple Choice

  Refer to the above diagram.Starting at point E, the production of successive units of bread will cost: A) a constant 8 units of tractors. B) a constant 6 units of tractors. C) <sup>1</sup>/<sub>8</sub>, <sup>1</sup>/<sub>6</sub>, <sup>1</sup>/<sub>4</sub>, and ½ units of tractors. D) <sup>1</sup>/<sub>2</sub>, <sup>1</sup>/<sub>4</sub>, <sup>1</sup>/<sub>6</sub>, and <sup>1</sup>/<sub>8</sub> units of tractors. Refer to the above diagram.Starting at point E, the production of successive units of bread will cost:


A) a constant 8 units of tractors.
B) a constant 6 units of tractors.
C) 1/8, 1/6, 1/4, and ½ units of tractors.
D) 1/2, 1/4, 1/6, and 1/8 units of tractors.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q38: The global financial crisis that spread to

Q96: If the output of product X is

Q151: Normative statements are concerned with:<br>A)facts and theories.<br>B)what

Q152: Suppose an economist says that "Other things

Q159: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" The linear equation

Q161: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Refer to the

Q164: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Answer on the

Q167: Refer to the diagram below.The concave shape

Q201: The marginal cost curve is<br>A) upsloping because

Q226: Assume that if the interest rate that

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines