QUESTION 14Suppose a busness owner operates her business out of a building that she owns. Also assume that there are ho malntenance or utlity costs associated with the building Thismeans that it is costless for the business owner to use the buildng to operate the businessO TrueO FalseQUESTION 15if the 15th unit of output has a marginal cost of s29.50 and the average total cost of producing 14 units of output is 3021 what will happen to the average total cost is the15th unit is produced?O Average Total Cost will fal.O Average Total Cost will increaseO Average Totual Cost could increase or decrease deperiding on whar happets to variable costO Average Total Cost could inorease or decrease depending.on what happens to fed cost

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QUESTION 14 Suppose a busness owner operates her business out of a buldng that she owns Aso assume thar there are ho maleteance or ity cots assocuted with the buildng This means that it is costess for the business owner to use the building to operate the business O True O False

QUESTION 14 Suppose a busness owner operates her business out of a buldng that she owns Aso assume thar there are ho maleteance or ity cots assocuted with the buildng This means that it is costess for the business owner to use the building to operate the business O True O False

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Proudction Costs

Section: Chapter Questions

Problem 8SQP

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