Answer:
Since the average variable cost curve lies below the average total cost curve, this implies that the average variable cost is the lowest price at which the producer can sell.
If there is no possible output where the price would be at least equal to the average variable costs, the firm should cease production, because it is not going to recover its costs, not to talk about making a profit.
Explanation:
A firm's average variable cost is the total variable cost divided by the total output. For example, if the total variable cost for a particular product is $4,500 with a total output of 450 units, then the average variable cost is $10 ($4,500/450).
Answer:
$90 and $108
Explanation:
The computation of the costs of goods sold is shown below:
At Sales volume of 50 units:
= Selling price per unit × number of units × given percentage
= $3 × 50 units × 60%
= $90
At Sales volume of 60 units:
= Selling price per unit × number of units × given percentage
= $3 × 60 units × 60%
= $108
Simply we multiplied the selling price per unit with the number of units and the given percentage so that the correct amount can come
Answer:
Hi B. is your correct choice
Explanation:
It's best to try to resolve conflict with your coworker in a calm manner. If that doesn't help you would then make an appointment to speak with your supervisor.
Hope this helps :)
Answer:
Answer is option A, i.e. systematic sampling.
Explanation:
Systematic sampling is the type of probability sampling method of selection of samples out of the given group of homogenous nature. In this method, every Kth sample is selected until the required amount is obtained. Here, Chrysler selects every 16th van until he is successful in obtaining the 80 vans. Thus, Chrysler is using a systematic sampling method here.
Answer:
I think it's a income tax
