Chorizo is all meat and spices, whereas andouille sometimes has fillers such as potato or rice (there are 100 different 200 year old recipes for andouille and every one is authentic). They both are a cured spicy sausage that are more alike than different.
Unformatted text preview: B. Marginal cost curve will shift upward. C. Average total cost curve will shift upward. D. Variable cost curve will shift upward. If productivity increases then output will be greater at each level of input and the production function will shift upward.
Consider a permanent upward shift of a production function. 1. The real wage rate and the equilibrium quantity of labour. 2. The equilibrium quantity of goods and rate of interest. A producer in a perfectly competitive industry has a cost function described by TC(q)=1000+6q+0.2q^2.