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3 years ago

The average total cost curve and the marginal cost curve are related in that:

Business

1 answer:

Serga [27]3 years ago

3 0

Answer:

C. the MC curve passes through the minimum point of the ATC curve.

Explanation:

Marginal cost is the cost of producing additional unit, it is upward sloping as generally the cost that is additional as it tends to increase with increase in output.

Whereas Average Total Cost is a U shaped curve, it basically starts from a high point and then tends to decrease as the increase in number of units with constant fixed cost tends to decrease the average, but ultimately after it reaches its lowest point it tends to increase because now to produce units, there is extra cost required.

The Marginal Cost Curve touches the Average Total Cost curve at its lowest.

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Tom borrows $100,000 from his local bank to purchase inventory for his store for the upcoming holiday season. Tom's neighbor tel

uranmaximum [27]

Answer:pyramid scheme

Explanation:

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3 years ago

A company had the following items and amounts in its unadjusted trial balance as of December 31 of the current year: (3 points)

Lostsunrise [7]

Answer:

Particulars Amount

Provision for uncollectible $6,080 ($76000*8%)

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Provision to be made <u>$5,080</u>

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31-Dec Bad Debts $5,080

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3 years ago

Fergie has the choice between investing in a State of New York bond at 4.1 percent and a Surething Inc. bond at 6.8 percent. Ass

iragen [17]

Answer:

The state of New York should offer bonds at 4.76% to make indifference to purchase their bonds than Surething Inc.

Explanation:

the corporation has to pay income taxes while the State of New York do not pay for income taxes thus his yield is after-tax.

Surething Inc after tax rate:

pre-tax x (1 - tax-rate) =6.8% x ( 1 - 30%) = 0.068 x (1-0.30) = 0.0476 = 4.76%

Currently the corporation bond yield a higher rate than the State of New york (4.76% against 4.10%)

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3 years ago

Three weeks ago, you purchased a July 45 put option on RPJ stock at an option price of $3.20. The market price of RPJ stock thre

Anton [14]

Answer:

$25

Explanation:

We can calculate intrinsic value by intrinsic formula

Formula : intrinsic Value = (purchased price- current price) x 100

intrinsic Value = (45-44.75) x 100

intrinsic Value = $25

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learn more about Markdown here

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2 years ago