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Scrat [10]
3 years ago
8

Suppose Susan is currently producing 1,000 hotdogs per month at a total cost of ​$200.00. What is her average total cost of​ pro

duction? Now suppose Rob increases production to 1,001 pizzas​, and the total cost of production increases to ​$200.08 . What is hishis marginal cost of producing the 1,001thSince the marginal cost of production is less than the average total cost of​ production, the average total cost of production must be
Business
1 answer:
nadezda [96]3 years ago
5 0

Answer: The answer is as follows:

Explanation:

(1) Average total cost = \frac{Total\ cost}{Quantity}

= \frac{200}{1000}

= 0.2

(2) Cost of producing an additional unit of hot-dog = 200.08 - 200

= $0.08

∴ Marginal cost of producing the 1,001th is $0.08.

(3) Here, the marginal cost of production is less than the average total cost of production then the average total cost of production must be falling. It is due to the fact that marginal cost is the change in total cost that is arises from the change in the quantity by one unit.

Therefore, Average total cost of production must be falling.

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When women are chosen for leadership positions over units or departments in crisis, this is breaking the glass cliff, because wo
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It refereed to as breaking the glass cliff BECAUSE THE CHANCE OF ANY LEADER FALLING IN SUCH A POSITION IS HIGHER. The probability of falling and failing in an higher position during a crisis is very high and that is why it is described as 'breaking the glass cliff'. The glass cliff refers to the phenomenon of  women been more likely to rise to positions of organisational leadership and to succeed in the position during crisis than in the time of peace.
6 0
2 years ago
Jessica has just opened a shoe store. To operate her business, she orders her
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Answer:

The answer is C

Explanation:

6 0
3 years ago
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"Bronson Manufacturing is planning to issue $12 million in bonds. Based on a poll of potential investors, they have the highest
telo118 [61]

Answer:

C.eight-year bond with 5.5% annual interest rate

Explanation:

The computation of the total options under each option is as follows:

As we assume the par value be $1,000

For Option A

Total interest

= 9.5% × $1,000 × 3 years

= $285

For Option  B      

Total interest is

= 7.25% × $1,000 × 4 years

= $290

For Option C

Total interest is

= 5.5% × $1,000 × 8 years

= $440

For Option D

Total interest is

= 6% × $1,000 × 6 years

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As we can see that the option C contains high value of the total interest. So the same is to be selected

6 0
2 years ago
The Whistling Straits Corporation needs to raise $72 million to finance its expansion into new markets. The company will sell ne
Alisiya [41]

Answer:

1,390,718 shares

Explanation:

Amount to be raise = $72 million

Underwriters charges = 5%

Filling Fee = $700,000

After deducting the underwriters charges the amount remains 95% of the total value. The company needs to raise exact $72 million after all charges deducted so, will take this amount as 95% of the total and gross up this value to 100%.

Total Amount to be raised = Amount including the underwrites charge + Filling charge = ( $72,000,000 / 100% - 5% ) + $700,000 = $76,489,474

Share price = $55

Numbers of share = $76,489,474 / $55 = 1,390,718 shares

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2 years ago
Gulf Coast, a wholesale shrimp distributor, groups its customers by regions in the United States, such as Midwest, Northeast, an
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Answer:

Geographic location.

Explanation:

Market segmentation is a process of grouping customers in markets with some heterogeneity into smaller, more similar or homogeneous segments with similar requirements and buying characteristics.

Types of market segmentation:

-Demographic

-Psychographic

-Behavioral

-Geographic. Target customers based on a predefined geographic boundary. Differences in interests, values, and preferences vary dramatically throughout cities, states, regions and countries.

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2 years ago
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