Name: Irene C.

Odato Date: December 29, 2021

Instructor: ALDRIEN CATIPAY Total Score: /68
USER SCHOOL - ME - MANAGERIAL ECONOMICS 10:00-11:30: BSA - I

Final Major Examinations

INSTRUCTIONS: Please answer the following with utmost honesty.

1. True
2. D - Budget Slope
3. B - Raw Material Costs
4. A - Price of a good
5. True
6. True
7. True
8. True
9. False
10. True
11. A - Money
12. B - Both inputs ang outputs are measured in monetary units
13. D - the slope of a ray drawn from the origin to a point on the total product curve .
14. B - increase in demand for their strawberry jelly because the two are substitute.
15. D - All of the above
16. D - Average product is decreasing
17. C - Marginal cost is equal to the average cost
18. C - Diminishing Marginal Returns
19. B - Product Function
20. A - Accounting Profit
21. A - Average Fixed Cost
22. A - Constant Returns to Scale
23. D - Discomics of Scale
24. A- Economic Profit
25. C - Variable Cost
26. A - Marginal Return
27. B - Total Revenue
28. C - Marginal Cost
29. A - Revenue
30. C - Toatal Cost
31. C - Fixed Cost
32. C - Profit
33. A - Marginal Variable Cost
34. B - Average Total Cost