Consider the following information about bread production at Beth's Bakery: Beth pays all her workers the same wage, and labor is her only variable cost. From this information we can conclude that Beth's marginal cost
A)declines as output increases from 0 to 33, but increases after that.
B)declines as output increases from 0 to 11, but increases after that.
C)increases as output increases from 0 to 11, but declines after that.
D)is constant.

Question

Consider the following information about bread production at Beth's Bakery:  Beth pays all her workers the same wage, and labor is her only variable cost. From this information we can conclude that Beth's marginal cost
A)declines as output increases from 0 to 33, but increases after that. 
B)declines as output increases from 0 to 11, but increases after that. 
C)increases as output increases from 0 to 11, but declines after that. 
D)is constant.

Quizplus · Accepted Answer

The Answer of Consider the following information about bread production at Beth's Bakery:  Beth pays all her workers the same wage, and labor is her only variable cost. From this information we can conclude that Beth's marginal cost
A)declines as output increases from 0 to 33, but increases after that. 
B)declines as output increases from 0 to 11, but increases after that. 
C)increases as output increases from 0 to 11, but declines after that. 
D)is constant.

Consider the Following Information About Bread Production at Beth's Bakery