Answer:
B. The average is increasing.
Explanation:
Average variables: It is the average change in the input units of production. It is calculated by dividing total amount of changes by total number of unit changed.
Marginal variables: It is change of one unit of input, which cause changes in total units of production. As the marginal variable changes, the average variable also changes as there is changes in total unit of productions.
Hence, if the marginal is greater than the average, the average is increasing.
Answer:
I learned how to do basic math and now I can do algebra
Explanation:
Answer:
Using High and Low Method
Cost Miles
$
High 1,250 4,000
Low <u>(970) </u> <u>(3,000)</u>
<u> 280 </u> <u>1,000</u>
Variable cost per mile = $2,800/1,000
=$0.28 per mile
Explanation:
In this question, there is need to obtain the difference with the highest cost and lowest cost. We also need to calculate the difference between the highest miles and lowest miles. Finally, we will divide the difference in cost by the difference in miles in order to determine the variable cost per mile.
Answer:
False
Explanation:
When you buy on margin you are borrowing money from your broker in order to purchase securities. The advantage of buying on margin is that you can purchasing a larger amount of stocks, but that also increases the risk of your investment as well as the potential returns.
<span>Organizations known as Partnerships use the Form 1065 and Schedule K-1. A Partnership is an agreement between two partners to agree to work together to benefit each others interest. These organizations of Partnerships may be between individuals, governments, schools, etc.</span>
