Answer: The correct answer is $16.1 per unit.
Explanation:
C(x) = 9000 + 6x + 0.05x²
C(100) = 9000 + 6 × 100 + 0.05(100)²
= 9000 + 600 + 500
= 10,100
C(102) = 9000 + 6 × 102 + 0.05(102)²
= 9000 + 612 + 520.5
= 10,132.2
Now, the average rate of change of C with respect to x when production level changed from x = 100 to x = 102 is :
⇒ 
= 
= $16.1 per unit
Common stocks are stocks also known as securities that show how and who has ownership in the corporation. Those who own common stock have some control over the corporation and are decision makers within the company. The advantages of common stock are that those who own them have shares in the company and make decisions. A disadvantage of common stock is the financial risk that comes with it.
Answer:
b. abandon the production of airplane tires to fully specialize in the production of race car tires and then trade with Company Z for airplane tires.
Explanation:
Company X has a comparative advantage at producing race car tires
Company Z has a comparative advantage at producing airplane tires.
A country (company) has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries (companies).
A company should specialise only in the production of the good for which it has a comparative advantage.
Company X should specialise in producing race car tires and stop producing airplane tires
Company Z should specialise in producing airplane tires and stop producing race car tires
Answer:
Formally defined, the principles of management are the activities that plan, organize and control the operations .
Explanation:
Answer:
The cost of goods sold is $68970
Explanation:
The cost of goods sold is the cost of inventory that a company sells in a partcular period.
The cost of goods sold can be calculated as,
Cost of Goods sold = Opening inventory + Purchases - Closing Inventory
Cost of Goods Sold = 16500 + 71500 - 19030 = $68970