Other things being constant, an economy must give up some consumer goods and services today to produce more capital goods in order to grow

In Figure 3-4 above, the shift from Ap0 to Ap1 could have been caused by a ________ in T of ________

A) fall, 300 B) fall, 180 C) fall, 500 D) rise, 300 E) rise, 500

If the firms hires 5 workers, the average variable costs equals

a. $200 b. $50 c. $80 d. $40