Buford Bus Manufacturing Installs a New Assembly Line

question 167

Multiple Choice

Buford Bus Manufacturing installs a new assembly line.As a result, the output produced per worker increases.The marginal cost of output at Buford:

• A)will increase (the MC curve will shift up).
• B)will decrease (the MC curve will shift down).
• C)will be unchanged.
• D)is at its maximum.

---

Definitions:

Required Skills

The specific abilities, knowledge, and expertise that are necessary for an individual to perform a job effectively.

Marginal Contribution

The additional benefit or output produced from using one more unit of a resource.

Professional Sports Players

Individuals who compete in athletic competitions and are paid for their performance and participation in sports.

Revenue Stream

The source of income for a business or organization, which can come from sales, services, investments, or other channels.