Notice: Payments for answers will end 4/10/2017. Click for more info.
You have new items in your feed. Click to view.
Question and answer
Q: According to economist Colin Camerer of the California Institute of Technology, many New York taxi drivers decide when to finish work by setting an income goal for themselves. If this is true, then
on busy days when the effective hourly wage is higher, taxi drivers will A. work the same number of hours as they will on slower days B. work fewer hours than they will on slower days C. work more hours than they will on slower days D. not work any hours
A: D. average variable cost must riise
Get an answer
Original conversation
User: Other things being equal, when average productivity falls, A. average fixed cost must rise B. marginal cost must rise C. average total cost must rise D. average variable cost must rise

User: According to economist Colin Camerer of the California Institute of Technology, many New York taxi drivers decide when to finish work by setting an income goal for themselves. If this is true, then on busy days when the effective hourly wage is higher, taxi drivers will A. work the same number of hours as they will on slower days B. work fewer hours than they will on slower days C. work more hours than they will on slower days D. not work any hours

Weegy: D. average variable cost must riise
Expert answered|KaylonSolo|Points 10|

User: According to economist Colin Camerer of the California Institute of Technology, many New York taxi drivers decide when to finish work by setting an income goal for themselves. If this is true, then on busy days when the effective hourly wage is higher, taxi drivers will A. work the same number of hours as they will on slower days B. work fewer hours than they will on slower days C. work more hours than they will on slower days D. not work any hours

Weegy: B. work fewer hours than they will on slower days
Expert answered|KaylonSolo|Points 10|

User: A firm's demand for labor is derived from the A. opportunity costs associated with labor and leisure B. desires and needs of the entrepreneur C. cost of labor inputs D. demand for its output

Weegy: A. opportunity costs associated with labor and leisure
Expert answered|KaylonSolo|Points 10|

User: Owen runs a delivery business and currently employs three drivers. He owns three vans that employees use to make deliveries, but he is considering hiring a fourth driver. If he hires a fourth driver, he can schedule breaks and lunch hours so all three vans are in constant use, allowing him to increase deliveries per day from 60 to 75. This will cost an additional $75 per day to hire the fourth driver. The marginal cost per delivery of increasing output beyond 60 deliveries per day

Weegy: The marginal cost per delivery of increasing output beyond 60 deliveries per day
Expert answered|KaylonSolo|Points 10|

Question
Asked 5/13/2012 4:29:22 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
26,800,313 questions answered
Popular Conversations
What does throttle mean?
4/16/2018 10:25:30 AM| 3 Answers
What is the best way to control Type II diabetes?
Weegy: Type 1 diabetes (previously known as insulin-dependent diabetes) and Type 2 diabetes (previously known as ...
4/10/2018 6:12:01 AM| 2 Answers
Error 401- Unauthorized
4/13/2018 4:59:54 AM| 2 Answers
What's one way we can check our answer to 2 ×10 = 20? A. 2 ÷ ...
Weegy: A throttle body is part of the air intake system that helps control the amount of air that gets into the engine. ...
4/13/2018 7:46:31 AM| 2 Answers
The science of the creation of maps and charts is called ...
Weegy: The science of the creation of maps and charts is called cartography. User: Which of the following would ...
4/13/2018 8:36:16 AM| 2 Answers
Weegy Stuff
S
P
L
P
P
P
P
Points 144 [Total 570] Ratings 0 Comments 144 Invitations 0 Offline
S
R
L
R
Points 140 [Total 278] Ratings 0 Comments 20 Invitations 12 Offline
S
1
L
L
P
R
P
L
P
P
R
P
R
P
R
Points 132 [Total 12935] Ratings 0 Comments 122 Invitations 1 Offline
S
Points 50 [Total 50] Ratings 0 Comments 0 Invitations 5 Offline
S
P
L
Points 35 [Total 126] Ratings 0 Comments 35 Invitations 0 Offline
S
Points 11 [Total 11] Ratings 0 Comments 11 Invitations 0 Offline
S
Points 10 [Total 15] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 7 [Total 7] Ratings 0 Comments 7 Invitations 0 Offline
S
Points 3 [Total 3] Ratings 0 Comments 3 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.