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navik [9.2K]
3 years ago
14

A perfectly competitive firm producing 100 units of output per period finds that: average total cost is $20; average variable co

st is $12; marginal cost is $18 and increasing; price of the product is $15. this firm should
Business
1 answer:
olga2289 [7]3 years ago
6 0
This is the concept of business mathematics. The question requires us to calculate the profit  margin given the that the cost of production is $20, variable cost is $12 and marginal cost is $18. Also we are told that the price per product is $15.
Profit=Revenue-Cost
Revenue=100*15=$1500
Total cost=20+12+18=$50
Therefore the profit margin will be:
1500-50
=$1450
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In a job shop, effective capacity is only 50% of design capacity, the actual output is 80% of effective output. What design capa
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Answer:

The design capacity would be needed to achieve an actual output of 8 jobs per week is 20 per week.

Explanation:

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2 years ago
The primary purpose of the Uniform Electronic Transaction Act (UETA) is to remove barriers to by giving the same legal effect to
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Answer:

True.

Explanation:

Yes, this is true that the primary objective of the Uniform Electronic Transaction Act (UETA) is to eliminate the barriers to e-commerce by providing the same legal impacts to electronic records and signatures as is currently provided to paper documents and signatures, but following are the condition which must be fulfilled :

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4 years ago
In which countries do people prefer discussing business during meals?​
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china

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if your traveling to china on business do not discuss business during meals .

6 0
4 years ago
Read 2 more answers
The Wood Valley Dairy makes cheese to supply to stores in its area. The dairy can make 344 pounds of cheese per day (359 days pe
djyliett [7]

Answer:

the minimum total annual cost is $3,372.58

Explanation:

<em>Step 1 Calculate the the Optimum Batch Size for Production run</em>

OBS = √(2×Total demand×Set-up Costs)/Holding Cost per unit

       = √(2×59×359×$266)/$1.01

      =   3341

<em>Step 2 Calculate the minimum total annual cost</em>

Total costs = Set up costs + Carrying Costs

<em>                    </em>= (59×359)/3341 × $266 + 3341/2×$1.01

                   = $1,686.37 + $1,687.21

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6 0
4 years ago
the state transferred ownership of property to roger and pauline. which transfer document would the state agency use?
elena55 [62]

The state transferred ownership of property to Roger and Pauline, the transfer document that the state agency will use us a deed of assignment.

<h3>What is a deed of assignment?</h3>

It should be noted that the deed of assignment simply means an instrument that's used to illustrate that a transfer has taken place.

Any property transaction needs a deed of assignment because it serves as the primary record between the seller and the buyer proving that all negotiations, inquiries, and other required due diligence have been made, the purchase price has been paid, and all other prerequisites have been met.

In this case, the state transferred ownership of property to Roger and Pauline, the transfer document that the state agency will use us a deed of assignment.

Learn more about assignment on:

brainly.com/question/13858252

#SPJ1

7 0
2 years ago
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