iWriteGigs

Fresh Grad Lands Job as Real Estate Agent With Help from Professional Writers

People go to websites to get the information they desperately need.  They could be looking for an answer to a nagging question.  They might be looking for help in completing an important task.  For recent graduates, they might be looking for ways on how to prepare a comprehensive resume that can capture the attention of the hiring manager

Manush is a recent graduate from a prestigious university in California who is looking for a job opportunity as a real estate agent.  While he already has samples provided by his friends, he still feels something lacking in his resume.  Specifically, the he believes that his professional objective statement lacks focus and clarity. 

Thus, he sought our assistance in improving editing and proofreading his resume. 

In revising his resume, iwritegigs highlighted his soft skills such as his communication skills, ability to negotiate, patience and tactfulness.  In the professional experience part, our team added some skills that are aligned with the position he is applying for.

When he was chosen for the real estate agent position, he sent us this thank you note:

“Kudos to the team for a job well done.  I am sincerely appreciative of the time and effort you gave on my resume.  You did not only help me land the job I had always been dreaming of but you also made me realize how important adding those specific keywords to my resume!  Cheers!

Manush’s story shows the importance of using powerful keywords to his resume in landing the job he wanted.

Production and Costs of the Firm Quiz

Navigation   » List of Schools  »  Glendale Community College  »  Economics  »  Econ 101 – Microeconomics  »  Fall 2022  »  Production and Costs of the Firm Quiz

Need help with your exam preparation?

Below are the questions for the exam with the choices of answers:

Question #1
A  replaces unskilled labor with automated machinery.
B  retrains Joe the welder as a painter and Pat the painter as a welder.
C  buys extra machines for its workers to use.
D  allows fixed cost to become variable.
Question #2
A  costs per unit decline as output expands.
B  costs fall as the size of the product is increased.
C  firms always make handsome profits.
D  the government feels responsible for breaking up the firm.
Question #3
A  electricity
B  mortgage on the building
C  worker bonuses
D  steel to produce refrigerators
Question #4
A  change in total cost resulting from the production of one more unit of output.
B  difference between total cost and total expenditure.
C  difference between total fixed cost and total variable cost.
D  change in total cost resulting from the purchase of one more unit of the variable input.
Question #5
A  constant returns to scale.
B  increasing costs per unit of output.
C  increasing returns to scale.
D  decreasing returns to scale.
Question #6
A  rising total product.
B  spreading fixed costs over larger outputs and increasing returns to the variable inputs.
C  falling fixed costs.
D  declining administrative costs as output increases.
Question #7
A  there are increasing returns to scale in the airline industry.
B  airlines are experiencing decreasing returns to scale.
C  the airline industry has constant returns to scale.
D  the larger airlines are not profitable.
Question #8
A  output.
B  marginal physical product times output.
C  total revenue product.
D  total consumer’s surplus.
Question #9
A  declines as output increases.
B  remains constant even if the firm shuts down.
C  is always zero.
D  increases as output increases.
Question #10
A  jet fuel
B  property taxes
C  insurance
D  rent of airport space
Question #11
A  depends on the firm’s planning horizon.
B  All of these are correct.
C  is a composite of short-run AC curves.
D  shows the lowest possible short-run AC corresponding to each output level.
Question #12
A  large firms have a concentration of economic power.
B  large firms are less-efficient producers.
C  many smaller firms would be less-efficient producers.
D  there is no economic reason to break up large firms that may have some control over the market.
Question #13
A  the firm can maximize its output by operating at the point of minimum long-run average cost.
B  it must have increasing returns to scale at low levels of production and decreasing returns to scale at high levels of production.
C  it must have increasing returns to each input at low levels of production and decreasing returns to each input at high levels of production.
D  its fixed cost rises as output rises.
Question #14
A  buy more of the higher priced input and less of the lower priced input.
B  reduce its output.
C  change its input mix so that the marginal physical product of the input whose price has risen falls and the marginal physical product of the other input rises.
D  buy less of that input and more of the other input.
Question #15
A  producer should expand the use of that input.
B  price of the input will automatically rise in a free market.
C  producer should reduce the use of that input.
D  marginal physical product of that input must be below its average physical product.
Question #16
A  how much the last input added to the total amount of revenue.
B  at what point to stop adding inputs to the production process.
C  how much profit will be made at each level of production.
D  how much the last input added to the total amount of production.
Question #17
A  input quantity and output price.
B  output quantity and output price.
C  input quantity and input price.
D  output quantity and input price.
Question #18
A  diminishing returns to labor.
B  decreasing short-run average variable cost.
C  increasing long-run average cost.
D  decreasing returns to scale.