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Nata [24]
2 years ago
7

What is the the total fixed cost (tfc) of the firm when it produces 1 (one) unit of ouput?

Business
1 answer:
hoa [83]2 years ago
5 0

The the total fixed cost (tfc) of the firm when it produces 1 (one) unit of output will be $15

When Q = 1, TFC = $ 15

Note: TC = FC +VC At Q =3, FC = $ 15. The FC remains constant

Total fixed cost (TFC) is the cost that is constant regardless of the output level. For instance, depreciation, rent, wages, insurance, etc.

Both total fixed costs and total variable costs are included in total costs. The total of a company's fixed costs is the sum of all recurring, non-variable costs. Consider a business that pays $10,000 a month to lease office space, $5,000 a month to rent equipment, and $1,000 a month for utilities. The total fixed costs for the business in this scenario would be $16,000.

To learn more about Total fixed cost click here:

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Three students have each saved $1,000. Each has an investment opportunity in which he or she can invest up to $2,000. Here are t
Doss [256]

Answer:

Complete the following table with how much each student will have a year later when the project pays its return.

Student Money a Year Later

Yakov <u>$1,040</u>

Charles <u>$1,070</u>

Dina <u>$1,150</u>

Now suppose their school opens up a market for loanable funds in which students can borrow and lend among themselves at an interest rate r.

If a student’s expected rate of return is greater than r, he or she would choose to (lend, borrow).

Suppose the interest rate is 6 percent.

Among these three students, the quantity of loanable funds supplied would be <u>$1,000</u>, and quantity demanded would be <u>$2,000</u>.

Now suppose the interest rate is 12 percent.

Among these three students, the quantity of loanable funds supplied would be <u>$2,000</u>, and quantity demanded would be <u>$1,000</u>.

At an interest rate of <u>7%</u>, the loanable funds market among these three students would be in equilibrium.

At this interest rate, <u>Yakov</u> would want to borrow, and <u>Dina</u> want to lend.

Suppose the interest rate is at the equilibrium rate.

Complete the following table with how much each student will have a year later after the investment projects pay their return and loans have been repaid.

Student Money a Year Later

(Dollars)

Yakov <u>$1,070</u>

Charles <u>$1,070</u>

Dina <u>$1,230</u>

True or <u>False</u>: Only borrowers are made better off, and lenders are made worse off.

6 0
3 years ago
Which of the following is TRUE? " When a market price allocates resources, everyone who is able to pay the price gets the resour
sladkih [1.3K]

Answer: When a market price allocates resources, everyone who is able to pay the price gets the resource.

Explanation:

The market allocates prices to goods and services based on the scarcity of the said goods and services. This means that regardless of how scarce a good is, you can get it if you are willing to pay the price that it is being offered at.

For instance, if the price of tomatoes suddenly went up from $4 to $12 per pack, it means that tomatoes are now more scarce and not many people can afford it. If you can afford that $12 however, you will be able to get the tomatoes despite how scarce it is.

7 0
3 years ago
Danner Company expects to have a cash balance of $53,100 on January 1, 2020. Relevant monthly budget data for the first 2 months
Step2247 [10]

Answer:

Ending Cash Balance:

January = $32,450

February = $23,600

Loan Balance End of Month

January = $0

February = $7,080

Explanation:

Note: See the attached excel file for the cash budget for January and February.

In the attached excel file, the following calculation is made:

Additional loan in February = Minimum monthly cash balance - Preliminary cash balance in February = $23,600 - $16,520 = $7,080

From the attached excel file, we have:

Ending Cash Balance:

January = $32,450

February = $23,600

Loan Balance End of Month

January = $0

February = $7,080

Download xlsx
7 0
3 years ago
Assume that on July 1, Jerome, Inc., paid $100,000 to buy Potter's 8 percent, two-year bonds with a $100,000 par value. The bond
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Answer:

Dr Potter's 8% Bonds 100000

Cr Cash 100000

Dr Cash 4000

Cr Interest from Bonds 4000

Explanation:

Preparation of the journal entry to Complete the necessary December 31 entry to record

July, 1

Dr Potter's 8% Bonds 100000

Cr Cash 100000

(Being 8% Bonds purchased)

December, 31

Dr Cash 4000

Cr Interest from Bonds 4000

(100,000*8%*1/2)

(Being Interest received on 8% Bonds)

5 0
3 years ago
This morning you purchased a stock that just paid an annual dividend of $3.10 per share. You require a return of 9.2 percent and
sergiy2304 [10]

Answer:

$2.48

Explanation:

This morining a stock was purchased.

The stock just paid an annual dividend of $3.10 per share

A return of 9.2% is required

= 9.2/100

= 0.092

The growth rate is 4%

= 4/100

= 0.04

The first step is to calculate today's price

= D1/(r-g)

=3.10× 1+0.04/0.092-0.04

= 3.10×1.04/0.092-0.04

= 3.224/0.052

= $62

The price at the end of year 3 can be calculated as follows

= today's price × (1+g)

= 62×(1+0.04)

= 62×1.04

= $64.48

Therefore, the capital gain can be calculated as follows

Price at the end of year 3-today's price

= $64.48-$62

= $2.48

Hence the capital gain is $2.48

6 0
3 years ago
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