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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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If the month-end bank statement shows a balance of $36,000, outstanding checks are $10,000 , a deposit of $4,000 was in transit

sukhopar [10]

Answer:

The correct answer is C

Explanation:

The amount of correct balance which is shown in the bank account at the month end is:

= Month end balance - Outstanding balance + Deposit in transit at month end + Check which was erroneously charged by bank

= $36,000 - $10,000 + $4,000 + $600

= $26,000 + $4,600

= $30,600

Therefore, the month end balance amounts to $30,600 in the bank account.

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3 years ago

A child receives a dime for weeding dandelions from the yard. sometimes he gets paid after pulling as few as three, sometimes he

ddd [48]

Variable-ratio reinforcement, in which the rate of reward varies over time.

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As a homeowner under the jurisdiction of a homeowners' association (HOA), it is safe to assume that A. the HOA does not affect d

Ilia_Sergeevich [38]

The best and most correct answer among the choices provided by the question is the third choice. It is safe to assume when you <span>consult the HOA before planning a remodeling project. </span>I hope my answer has come to your help. God bless and have a nice day ahead!

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3 years ago

Read 2 more answers

When your wages rise, the: 1. opportunity cost of an hour of leisure increases. 2. opportunity cost of an hour of leisure stays

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Answer: Option 2

Option 2 is correct because opportunity cost is the monetary loss arising from not taking the the another opportunity. In this case the another opportunity is not working for the company. By enjoying days on leave would cost one hour the same that I earn by working for the company.

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3 years ago

Purchasing a copy of a popular app for your smartphone means that you have purchased only a copyright to install and use the sof

dybincka [34]

False Purchasing a copy of a popular app for your smartphone means that you have purchased only copyright to install and use the software.

<h3>What is copyright?</h3>

A copyright is a type of intellectual property that grants the owner the exclusive right to copy, distribute, adapt, display, and perform a creative work for a specific period of time. The creative work could be literary, artistic, educational, or musical in nature.

Copyright, a type of intellectual property law, protects original works of authorship such as poetry, novels, movies, songs, computer software, and architecture.

The owner sells his or her ownership rights to another party in a copyright assignment and has no control over how the third party uses those rights. A copyright assignment is also known as a copyright sales agreement.

To know more about copyright follow the link:

brainly.com/question/357686

#SPJ4

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1 year ago