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  1. Topics
  2. Business
  3. Microeconomics Study Set 26
  4. Quiz 11: Output and Costs

Which of the Following Shifts the Avc Curve Upward at Barney's

Question 310
Multiple Choice

Which of the following shifts the AVC curve upward at Barney's Bagel Bakery? A) an increase in the hourly wage that Barney pays his workers B) a decrease in the hourly wage that Barney pays his workers C) an increase in the fixed amount of liability insurance premiums that Barney pays for his business D) Both answers A and C are correct.

Related questions
Q 311
Which of the following shifts the AVC curve upward at Barney's Bagel Bakery? A) an increase in the hourly wage that Barney pays his workers B) an increase in Barney's daily output from hiring more workers C) an increase in the fixed amount of local property tax that Barney pays on the building he owns and uses D) all of the above
Q 312
A change in technology that shifts the firm's total product curve upward without changing the quantity of capital used A) shifts the average total cost curve upward. B) shifts the average total cost curve downward. C) does not change the cost curves. D) shifts the marginal cost curve upward.
Q 313
The a firm's short-run cost curves shifts when there is a change in A) technology B) the prices of factors of production C) the quantity of outputs D) Both answers A and B are correct.
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