If fixed costs are $10,000 and variable costs are constant at $1.00 per unit over the relevant range of output, $2.00 will the average total cost be when 10,000 units are produced.
The cost per unit produced in a production run is called the average cost. It stands for the typical sum of money spent on a product's production. Depending on how many units are made, this amount may change.
The term "average cost" refers to the production cost per unit, which is determined by dividing the overall production cost by the overall number of units produced. In other words, it calculates how much money is required for each unit of production produced by the company.
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Answer:
The correct answer is the option D and it is incomplete. The correct full option will be: Is used to determine the proportion of the total variation in the dependet variable (y) explained by the independent variable (x).
Explanation:
To begin with, in the statistics field the term of "regression analysis" refers to the type of method used in order to establish the existing relationship between the variables in the chart. Moreover, the "coefficient of determination" consists of a statistic used whose main purpose focus on the prediction of possible future outcomes or either the testing of a hypothesis which the scientits are working on. That is why that this last tool uses the independent variable in order to explain the proportion of the total variation of the dependent variable.
A free economy has a 100% open economy with very little government interaction however a mixed economy is open to the public but is semi-closely regulated by the government.
Answer:
Expl one year. To reorder, there is a fixed cost of $36, plus $11 for each storage device.anaMinimizing Inventory. An electronics store sells 100 digital storage devices per year. It costs $18 to store one storage device for one year. To reorder, there is a fixed cost of $36,tion:
