A Firm Replaces a Machine by Hiring 3 Hourly Production

question 93

Multiple Choice

A firm replaces a machine by hiring 3 hourly production workers instead.

• A) Both its fixed and variable costs will fall.
• B) Both its fixed and variable costs will rise.
• C) Its fixed costs will rise and its variable costs will fall.
• D) Its fixed costs will fall and its variable costs will rise.

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Definitions:

Emotions

Complex psychological states involving physiological arousal, expressive behaviors, and conscious experience.

Unstable Relationships

Relationships characterized by frequent changes or lack of consistency and security.

Depressive Episodes

Periods characterized by feelings of extreme sadness, hopelessness, and a lack of interest or pleasure in activities.

Close Relationships

Emotional bonds between individuals characterized by affection, trust, and mutual support.