An Old Remedy for Separating a Pair of Nested Drinking

question 31

Multiple Choice

An old remedy for separating a pair of nested drinking glasses stuck together is to run water at one temperature into the inner glass and then run water at a different temperature over the surface of the outer glass. Which water should be hot and which should be cold?

• A)fill the inner glass with cold water while running hot water over the outer glass
• B)fill the inner glass with hot water while running cold water over the outer glass
• C)submerge both glass in a tub of hot water; wait for a while and then transfer to a tub of cold water
• D)submerge both glass in a tub of cold water; wait for a while and then transfer to a tub of hot water

Understand the implications of different types of cost functions on marginal costs.

Analyze the effects of input costs on production decisions.

Evaluate the impact of technological changes and experience on production costs.

Understand the role of scale economies and cost-output elasticity in production economics.

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Definitions:

Sharecroppers

Farmers who rent small plots of land to farm and in return, they give a portion of their crop yield to the landlord as rent.

Landlords

Individuals or entities that rent land, buildings, or housing to tenants for a specified period under a lease agreement.

Black Cabinet

A term for the group of African American advisers to President Franklin D. Roosevelt during his presidency.

Stalwart Democrats

Members of the Democratic Party in the United States who are particularly firm, steadfast, or loyal in their political views, often resisting change.