How many student took the examination?
A. 280 B. 240 C. 200 D. 80 Correct Answer: Option A = 280
If the pass mark was 40. How many students passed the examination?
A. 100 B. 120 C. 160 D. 200 Correct Answer: Option C = 160
In a price-taking firm; the portion UT below is the firm’s?
A. average revenue curve B. Long-run average cost curve C. demand curve D. supply curve Correct Answer: Option B – Long-run average cost curve
The marginal product X is?
A. 18 B. 20 C. 24 D. 25 Correct Answer: Option C = 24
The average product Y is?
A. 15.5 B. 14.6 C. 12.0 D. 8.0 Correct Answer: Option A – 15.5Products
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