In the above figure, which of the figures show(s) a relationships between x and y with a positive slope?
A) Figure D only
B) Figure A and Figure B
C) Figure C only
D) Figure B and Figure C
E) Figure A and Figure D
E
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At a firm's current output level of 200 units per week, it has 10 employees at a weekly wage of $500 each. Raw materials, which are ordered and delivered daily, cost $1,000 per week. The weekly cost of the firm's capital is $1,250 . Which of the following statements is correct?
a. Total variable cost is $5,000 . total fixed cost is $2,250; total cost is $7,250. b. Total variable cost is $6,000 . total fixed cost is $1,250; total cost is $7,250. c. Total variable cost is $1,250; total fixed cost is $6,000 . total cost is $7,250. d. Total variable cost is $2,250; total fixed cost is $500; total cost is $2,750. e. Total variable cost is $1,500; total fixed cost is $1,250; total cost is $2,750.
Assume that Nation X can produce either 40 notepads or 80 pens, and that Nation Y can produce either 10 notepads or 40 pens. This implies that:
A. Nation X has a comparative advantage in producing pens B. Nation Y has a comparative advantage in producing notepads C. Nation X has a comparative advantage in producing notepads D. Nation Y is the high-cost producer of pens