Lower; unchanged
- Average total cost (ATC) in economics is calculated as total fixed and variable costs divided by the number of units produced. The normal shape of the average total cost curve is a U, meaning it drops, bottoms out, and then rises. The total cost of an organization is the sum of its fixed and variable costs.
- The vertical summation of AFC and AVC must be obtained in order to graph average total costs (ATC). Plot the points as shown on the left after adding the two at each output level. Because it is the result of adding the AFC and AVC curves, the ATC curve is higher than the other two. You can see that it is U-shaped, just like the AVC curve, on the left.
Thus this is the answer.
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Answer:
$1,680
Explanation:
during the first 5 years, the monthly payment will = $2,816.18
I prepared an amortization schedule. After the 60th payment, the principal owed = $335,580
the new monthly payment considering that the interest rate fell significantly to 3.5% = $1,680
calculation to determine the monthly payment:
present value of the loan = monthly payment x PVIFA
monthly payment = present value / PVIFA
PVIFA, 0.29167%, 300 periods = 199.7501
monthly payment = $335,580 / 199.7501 = $1,680
Answer:
Given:
Annual lease = $22000
Annual revenue = $380000
Payments = $120000
Utilities = $8000
Value (entrepreneur's talent ) = $80000
Forgone Entrepreneur's interest = $6000
Therefore, we'll first compute the accounting profit using the following formula :
<em>Accounting profit = Annual revenue - Annual lease - Payments - Utilities </em>
<em>Accounting profit = 380000 - 22000 - 120000 - 8000 </em>
<em>Accounting profit =$230000
</em>
Therefore, the economics profit can be evaluated using the following formula:
<em>Economic profit = Accounting profit - Opportunity cost (Salary of entrepreneur) - Value (entrepreneur's talent) - Forgone Entrepreneur's interest</em>
<em>= 230000 - 50000 - 80000 - 6000</em>
<em>= $94000</em>
A fall in the U.S. interest rate differential <u>decreases</u> the demand for U.S. dollars.
Demand for the dollar is typically excessive as it is the world's reserve foreign money. other elements that have an effect on whether or not or not the dollar rises in value in evaluation to every other foreign money encompass inflation prices, change deficits, and political balance.
Higher interest rates have a tendency to attract foreign investment, growing the demand for and cost of the house American foreign money. Conversely, decrease interest prices have a tendency to be unattractive for foreign funding and reduce the forex's relative fee.
The cost of money is decided through the charge stage. If prices inside the u.s.a. upward thrust faster than the ones of different nations, people will typically count on the foreign exchange value of the U.S. dollar to fall. call for U.S. dollars will lower and delivery will increases.
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Answer:
Miranda = $10; Jason = $0
Explanation:
Producer surplus is the difference between the price of a good or service and the least amount a producer is willing to accept for his product.
In this question, the price of tutoring is $30.
The least amount Miranda is willing to accept is $20. Her producer surplus is $30 - $20 = $10
For Jason, the least amount he is willing to accept is $35 which is higher than the price. Therefore, Jason would not accept to teach. As a result, his producer surplus would be zero.
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