1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
earnstyle [38]
3 years ago
13

In the short run, if average variable costs equal $60, average total costs equal $70, and output equals 100, the total fixed cos

ts should equal.
Business
1 answer:
Leto [7]3 years ago
7 0

The total fixed cost should equal $1000.

<h3>What is the total fixed cost?</h3>

The first step is to determine the average fixed cost. The average fixed cost can be determined by subtracting the average variable costs from average total costs.

$70 - $60 = $10

Total fixed cost is the product of average fixed cost and output

100 x $10 = $1000

To learn more about cost, please check: brainly.com/question/26502221

You might be interested in
Many people believe that pure monopolies charge any price they want to without affecting sales. Instead, the output level for a
irga5000 [103]

Answer: Option (d) is correct.

Explanation:

Correct Option: Marginal revenue equals marginal cost.

Pure monopoly is a market situation in which there is a single firm who are producing the goods and these goods are the close substitute. There is no other firm in the market. So, the monopoly firm is the price setter.

The output level that is produced by the profit maximizing monopoly firm is at a point where marginal revenue is equal to the marginal cost. It is the same profit maximizing condition that a competitive firm also utilize to find their equilibrium level of output.

3 0
3 years ago
A corporation reports the following year-end balance sheet data. The company's debt-to-equity ratio equals:Cash $ 41,000 Current
Rudiy27

Answer:

0.54

Explanation:

Debt-to-equity ratio = Total Debt ÷ Total Equity

                                 = $107,000  ÷  $197,000

                                 = 0.54

The company's debt-to-equity ratio equals 0.54

4 0
3 years ago
The interest rate for this lease is 11%. the payments are due on december 31 of each year. the first payment was made on decembe
Artist 52 [7]
So what is the question? This is just a statement.
4 0
4 years ago
Tommy bought 35 shares of stock at $45.75 per share. He received dividends of $82.45 during the year. At the end of the year, hi
gogolik [260]

Answer:

10.57%

Explanation:

Return on investment is a profitability measure of gains realized from an investment. It is a ratio that shows how a business uses its resources to generate profits. Return on investment compares the net income against the initial investment.

ROI = Net Income / Cost of Investment

For Tommy,

The initial investment is 35 x $45.75 =$1,601.25

The gains from the investments

Dividends of $82.45

Gains in share value = 35 x ($48. 75 -$45.43)

35 x 2.48 =$86.8

Net gains will be $82.45 + $86.8= $169.25

ROI = $169.25/$1601.25

ROI =0.10569  X 100

=10.57%

5 0
3 years ago
_________Is a dynamic, two-way process that can be broken down into six phases
Tpy6a [65]

Interpersonal Communication

6 0
3 years ago
Read 2 more answers
Other questions:
  • Candy is trying to decide between two job offers. The compensation package for job A includes a $300 per-month health insurance
    6·1 answer
  • PCB Corporation manufactures a single product. Monthly production costs incurred in the manufacturing process are shown below fo
    11·1 answer
  • Nike outsources the manufacturing of its athletic shoes and apparel to manufacturers throughout the world. it needs an effective
    11·1 answer
  • At the beginning of the month, the Forming Department of Martin Manufacturing had 14,000 units in inventory, 40% complete as to
    10·1 answer
  • The Moto Hotel opened for business on May 1, 2017. Here is its trial balance before adjustment on May 31.
    11·1 answer
  • After a series of layoffs, the CEO meets with employees to explain how the company plans to move forward and to ease their conce
    12·1 answer
  • An apparel manufacturing plant has estimated the variable cost to be $2.40 per unit. Fixed costs are $2,000,000 per year. Forty
    10·1 answer
  • At the beginning of a recent year, JetBlue's assets were $6,549 million and its equity was $1,546 million. During the year, asse
    12·1 answer
  • Pestro manufactures a herbicide that is used in the parks in Metroville. After the parks were sprayed with the herbicide, a grou
    10·1 answer
  • Ask me anything ‍♂️ I’m bored
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!