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sp2606 [1]
2 years ago
14

Suppose Ike’s Bikes is currently producing 100 bikes per month in its only factory. Its short-run average total cost is

Business
1 answer:
Naddika [18.5K]2 years ago
6 0

The short-run average total cost of Ike's Bikes of producing 100 bikes is $360.

<h3>What is the short-run average total cost ?</h3>

The short-run is a production period where some of the factors used in the production process are fixed and others are variable. The  short-run average total cost is the total cost divided by total output. Total cost is the sum of fixed cost and variable cost.

Please find attached the complete question. To learn more about average cost, please check: brainly.com/question/26959638

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If a person invests in the stock market through a firm that pools funds from a large number of people and buys and professionall
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If the price elasticity of demand or supply of a certain good is large (elastic demand and supply), the deadweight loss will be greater.

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A great way to make an impression after an interview is to send a handwritten thank-you note to your interviewer within ________
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<h3>What is an Interview?</h3>

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Interviews are used most times to know the qualification of an individual and to get to know more about the individual. To make an impression on the interviewer, it is advisable to send a thank you note to the interviewer within 48 hours after the interview.

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