Suppose That a New Alloy Is Invented Which Uses Copper

question 5

Multiple Choice

suppose that a new alloy is invented which uses copper and zinc in fixed proportions where 1 unit of output requires 3 units of copper and 3 units of zinc for each unit of alloy produced.If no other inputs are needed, the price of copper is $3, and the price of zinc is $3, what is the average cost per unit when 4,000 units of the alloy are produced?

• A)$9.50
• B)$1,000
• C)$1
• D)$18
• E)$9,500

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Definitions:

Shared Status

A situation where members of a group or individuals possess equal rank and privileges within a social or organizational context.

Self-managed Work Groups

Teams that operate without direct supervision, taking collective responsibility for task management, decision making, and problem solving.

Specialized Roles

Positions or tasks within an organization or team that require specific skills, knowledge, or expertise unique to that role.

Superordinate Goals

Are shared goals that can only be achieved through cooperation among individuals or groups, often used to resolve conflicts and foster unity.