第五章测试1.Which of the following statements is NOT true?
A:AVC = wage/MPL B:C = F + VC C:AFC = AC - AVC D:AC = AFC + AVC
答案:A
2.Suppose the total cost of producing T-shirts can be represented as TC = 50 + 2q. The marginal cost of the 5th T-shirt is
A:60 B:10 C:12 D:2 3.If average cost is decreasing,
A:marginal cost exceeds average cost. B:marginal cost is less than average cost. C:marginal cost equals average cost. D:Not enough information is given. 4.Variable costs are
A:the amount by which a firm's cost changes if the firm produces one more unit of output. B:a production expense that does not vary with output. C:a production expense that changes with the quantity of output produced. D:equal to total cost divided by the units of output produced.
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