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 $300 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 400 cars per year.
B) no more than 400 cars per year.
C) no more than 200 cars per year.
D) at least 410 cars per year.
E) at least 200 cars per year.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: if Mr.Dent Carr's total costs were 5s<sup>2</sup>
Q11: Rex Carr could pay $10 for
Q12: Recall that Touchie McFeelie's production function for
Q13: Mary Magnolia has variable costs equal to
Q14: Mary Magnolia has variable costs equal
Q16: Recall that Touchie McFeelie's production function for
Q17: if Mr.Dent Carr's total costs were 2s<sup>2</sup>
Q18: if Mr.Dent Carr's total costs were 2s<sup>2</sup>
Q19: Touchie MacFeelie's production function is 0.1J<sup>1/2</sup> L<sup>3/4</sup>,
Q20: Mary Magnolia has variable costs equal