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DedPeter [7]
2 years ago
6

In the short run, average total costs and average variable costs converge as output increases because:________

Business
1 answer:
slava [35]2 years ago
8 0

Average fixed costs continually decrease is the correct answer. The average costs assist in identifying the costs related to producing a single unit, whereas the total cost of production aids businesses in understanding the entire expenses incurred.  

The total fixed cost is divided by the quantity of units produced to get the average fixed cost. The fixed cost incurred in producing a unit of output is known as the average fixed cost.

Any increase in output reduces the average fixed cost because Total Fixed Cost is constant. Though the average fixed cost can go very small, it will always exist.

To learn more about average fixed cost, click here

brainly.com/question/17100497

#SPJ4

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From the sale of your family property, you will receive a down payment of $15,000 today and then yearly payments of $15,000 for
Setler [38]

Answer:

$131,182.029

Explanation:

The computation of the present value of the future payment is shown below:

As we know that

Present Value of Future Payments = Payment made × PVAF factor at 7% for 14 years

where,

Payment made is $15,000

And, the PVIFA factor is 8.7455

Now placing these values to the above formula

So, the present value of the future payment is  

= $15,000 × 8.7455

= $131,182.029

Refer to the PVIFA table

4 0
4 years ago
Best tips for the FAA checkride?
dedylja [7]

Answer:

1.) Prepare very well

2.) Do not entertain fear

3.) Get your paper work ready

4.) Know the route

5.) Know the basics in and out

Explanation:

Checkride is a practical flight test which student pilots after months of flight training and ground school, must pass after which they have their new pilot certificate. 

1.) Prepare the PTS (practical test standards) thoroughly, the minimum altitudes for each flight maneuver in particular. Before you appear for your FAA checkride.

2.) There is no use to over study new information at the last minute. Sleep early and wake up relaxed and refreshed and eat healthy breakfast. 

3.) Make sure to go through your 8710 airman certificate application and then make your flight instructor to do the same. Check your airport directory and sectional charts and make sure they are current

4.) Make sure to understand the route for your flight plan that the examiner asked you to plot and also the route to an alternate airport.

5.) Your examiner doesn’t expect you to know everything, but he or she will just check how good you are at the basics of the aeronautical knowledge. 

4 0
3 years ago
Mr. Etemadi has prepared the following list of statements about service companies and merchandisers. Identify each statement as
Assoli18 [71]

Answer:

Explanation:

1. Measuring net income for a merchandiser is conceptually the same as for a service company. TRUE

2. For a merchandiser, sales less operating expenses is called gross profit.

FALSE

For a merchandiser,sales subtracted from cost of goods sold is called gross profit.

3. For a merchandiser, the primary source of revenues is the sale of inventory.

TRUE

4. Sales salaries and wages is an example of an operating expense. TRUE

5. The operating cycle of a merchandiser is the same as that of a service company.

FALSE

A perpetual inventory system continuously leeps detailed records of the cost of the each purchase and sale. It shows the inventory that should be on hand for energy item.

3 0
3 years ago
A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows: Year
lina2011 [118]

Answer:

15%

Explanation:

The computation of the internal rate of return is shown below:

Given that

Year       Cash Flow

0             -$27,100

1                $11,100

2               $14,100

3                $10,100

The formula to compute IRR is

= IRR()

After applying the above formula, the internal rate of return is 15%

4 0
4 years ago
Mention two successful (prominent) entrepreneurs in south Africa
Neko [114]

<span>One of the young and successful entrepreneur Mubarak Muyika of Kenya. AT age 20 years old, he founded Zagace Limited is a software helping companies evaluate their inventory: accounting, payroll, stock management, marketing, etc. Next is Bheki Kunene of South Africa. AT age 27, he founded Mind Trix Media providing jobs and a profit.</span>

5 0
4 years ago
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