04 Jun Pregunta 7 Which of the following costs are ignored when making managerial decisions?
Question
Managers in determining the rate of output which maximizes profits must consider
Respuesta
a.
b.
c.
d.
total cost function
sunk costs
total variable cost function
alternatives b and c
At an automobile assembly
plant XYZ the progress ratio
of 0.9 is used as a metric for
learning. At the plant workers
assembled 1,000 cars of
model BW, and the average
total cost is $25,000. What is
the learning rate or
experience rate?
Respuesta
a. 1%
b. 9%
c. 8%
d. 10%
If a firm doubles the amount
of inputs used in production
and as a result output has
more than doubled, then the
firm is experiencing
Respuesta
a. constant returns to scale
b. diseconomies of scale
c. diminishing returns to scale
d. economies of scale
Suppose that a company has the following total cost function: TC = 2Q 2 10Q + 200.
The total fixed cost function (TFC) is:
Respuesta
a. 2Q 10 + 200/Q
b. 4Q – 10
c. 200/Q
d. 200
Pregunta 7
Which of the following costs are ignored when making managerial decisions?
Respuesta
a. marginal
costs
b. sunk costs
c. relevant costs
d. incremental costs
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