Multiple Choice
Rex Carr could pay $10 for a shovel that lasts one year and pay $5 a car to his brother Scoop to bury the cars, or he could buy a low-quality car smasher that costs $200 a year to own and that smashes cars at a marginal cost of $1 per car.If it is also possible for Rex to buy a high-quality hydraulic car smasher that cost $650 per year to own and if with this smasher he could dispose of cars at a cost of $.75 per car, it would be worthwhile for him to buy this high-quality smasher if he planned to dispose of
A) at least 1,800 cars per year.
B) no more than 900 cars per year.
C) at least 1,810 cars per year.
D) no more than 1,800 cars per year.
E) at least 900 cars per year.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Recall that Touchie McFeelie's production function for
Q2: Mary Magnolia has variable costs equal to
Q3: if Mr.Dent Carr's total costs were 2s<sup>2</sup>
Q4: Touchie MacFeelie's production function is 0.1J<sup>1/2</sup> L<sup>3/4</sup>,
Q5: Recall that Touchie McFeelie's production function for
Q7: Rex Carr could pay $10 for
Q8: Touchie MacFeelie's production function is 0.1J<sup>1/2</sup> L<sup>3/4</sup>,
Q9: Mary Magnolia has variable costs equal to
Q10: if Mr.Dent Carr's total costs were 5s<sup>2</sup>
Q11: Rex Carr could pay $10 for