Jy we lanell Ulle. Attempts Force Completion Once started, this test must be completed in one sitting. Do not leave the test bet Remaining Time: 1 hour, 29 minutes, 55 seconds. * Question Completion Status: > A Moving to another question will save this response. Question 1 When average total cost is at its minimum point: marginal cost is also at its minimum point. marginal cost is equal to zero. marginal cost is constant. average total cost is equal to marginal cost. e the firm is maximizing profit. A Moving to another question will save this response. MacBa

Timed Test This test has a time limit of 1 hour and 30 minutes. This test will save and submit automatic Warnings appear when half the time, 5 minutes, 1 minute, and 30 seconds remain. Multiple Not allowed. This test can only be taken once. Attempts Force Once started, this test must be completed in one sitting. Do not leave the test before clickin Completion Remaining Time: 1 hour, 29 minutes, 32 seconds. Question Completion Status: > A Moving to another question will save this response. Question 2 If a firm were to stop production of its only product, the firm’s total cost will be equal to zero. its total fixed cost its total variable cost. its opportunity cost. its average cost. A Moving to another question will save this response. MacBook

Remaining Time: 1 hour, 28 minutes, 53 seconds. Question Completion Status: 4 Moving to another question will save this response. Question 4 holding other possible influences constant. The market supply curve shows the quantity of a good or service that O households would sell at various prices O households would buy at various outputs firms would sell at various prices firms would buy at various prices households would buy at various prices MacBook Pro BOF

Timed Test This test has a time limit of 1 hour and 30 utes. USE WII Save and sun ULUI Warnings appear when half the time, 5 minutes, 1 minute, and 30 seconds remain. Multiple Not allowed. This test can only be taken once. Attempts Force Once started, this test must be completed in one sitting, Do not leave the test before clicking Sr Completion Remaining Time: 1 hour, 28 minutes, 30 seconds. Question Completion Status: > A Moving to another question will save this response. Question 5 Managers make decisions that contribute to the profitability of a firm by: O exploiting market efficiencies. taking on risks. O engaging in illegal behavior. maximizing sales. manipulating the share price of the firm’s stock. A Moving to another question will save this response. MacBook Pr

Remaining Time: 1 hour, 28 minutes, 01 second. Question Completion Status: Moving to another question will save this response. Question 6 is the quantity of capital input. If the price of Kis $10 and the price of Lis $20, Output is produced according to Q – LK, where is the quantity of labor input and minimizing combination of K and L capable of producing 64 units of output is: OL-1 and K = 8 OL-8 and K-1 OL-4 and K-2 OL-2 and K-4 OL-2 and K-2 Moving to another question will save this respo MacBook Pro