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 $550 per year to own and if with this smasher he could dispose of cars at a cost of $.80 per car, it would be worthwhile for him to buy this high-quality smasher if he planned to dispose of
A) at least 1,760 cars per year.
B) no more than 1,750 cars per year.
C) at least 1,750 cars per year.
D) no more than 875 cars per year.
E) at least 875 cars per year.
Correct Answer:

Verified
Correct Answer:
Verified
Q15: Rex Carr could pay $10 for
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
Q22: if Mr.Dent Carr's total costs were 4s<sup>2</sup>
Q23: Recall that Touchie McFeelie's production function for
Q24: Touchie MacFeelie's production function is 0.1J<sup>1/2</sup> L<sup>3/4</sup>,
Q25: Touchie MacFeelie's production function is 0.1J<sup>1/2</sup> L<sup>3/4</sup>,