1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
elena55 [62]
3 years ago
9

The cookie company in the mall hires only labor to produce cookies. The workers are paid $80 per day, and the cost of renting th

e space in the mall is $250 per day. Number of workers Daily output (cookies) 1 200 2 400 3 600 4 700 The daily fixed costs of production are Choose one: A. $160 . B. $330 . C. $250 . D. $80 . E. $0. The labor cost per day of hiring two workers is $ . The total cost per day when three workers are hired is $ . The marginal product per day of the fourth worker is cookies.
Business
1 answer:
ivanzaharov [21]3 years ago
4 0

Answer: C. $250

Explanation: fixed cost are cost which do not change even when other factors Change. Example of fixed cost is ‘rent’ even if the employees increase up to a 100 this variable won't affect the cost of rent which is $250. Unlike salary that increases with an increase in workers.

Labour cost per day of hiring two workers = $80 x 2 = $160

Total cost per day when three

workers are hires. This includes both the fixed cost and labour cost

Total Cost = fixed cost + labor cost

= $250 + $80 x 3

= $490.

You might be interested in
Consider the assets (in millions) of two banks, A and B. Both banks are funded by $120 million in deposits and $20 million in eq
Deffense [45]

Answer:

<em>Consider the assets (in millions) of two banks, A and B. Both banks are funded by $120 million in deposits and $20 million in equity. Which bank has the stronger liquidity position? Which bank probably has a higher profit?</em>

<em>Consider the assets (in millions) of two banks, A and B. Both banks are funded by $120 million in deposits and $20 million in equity. Which bank has the stronger liquidity position? Which bank probably has a higher profit?Bank A Asset</em>

<em>Consider the assets (in millions) of two banks, A and B. Both banks are funded by $120 million in deposits and $20 million in equity. Which bank has the stronger liquidity position? Which bank probably has a higher profit?Bank A AssetBank B Assets</em>

Explanation:

<em>Liquid assets are those assets which get converted immediately into cash, when the company need some cash in hand, they can sell the liquid assets in the market and get cash in hand. As they can sell their various securities to fulfill the need of cash.</em>

<h3><em>HOPE</em><em> </em><em>THIS</em><em> </em><em>HELPS</em><em> </em><em>YOU</em><em> </em><em>ALOT</em><em>!</em></h3>
5 0
3 years ago
Yes. Companies should be protected by tariffs.. why?
Reptile [31]

Answer: See explanation

Explanation:

A tariff is a tax that the government imposes on either the imports or the exports of products or sevices.

Apart from the fact that tariff is a way of generating revenue by the government, tariffs help protect the domestic industry. This is because tariffs increases the price of imported goods.

Since there is an increase in the price of the imports, consumers tend to buy from the local manufacturer since their products tend to be cheaper when compared to the imports. This gives an edge to the domestic companies.

4 0
3 years ago
Explain the role of an entrepreneur in the economy
Ostrovityanka [42]
To start their own business, usually this supports their local economy however still depending on their success. 
5 0
3 years ago
At the equilibrium level of income in the Keynesian model, which of the following statements is nottrue?
ZanzabumX [31]

Answer:

c. There are more unemployed resources.

Explanation:

Equilibrium level of income is the level of income where aggregate supply in the economy is consistent with aggregate demand. that is the level of income planned savings is equal to planned expenditure. the equation can be written as S = I. where S = savings and I = investments

At equilibrium income level, aggregate expenditure is equal to aggregate output. The equilibrium equation can be written as Y = C+I+G+X-M where

Y = national income, I = investment expenditure of the firm, G = government expenditure on goods and services, X = export, M = import.

7 0
3 years ago
which is most likely the reason why policymakers would impose a a price ceiling on the market for coffee?
trasher [3.6K]

The reason for imposing the price ceiling is to prevent the producer/seller from taking advantage of the consumer.

Price ceiling refers to an economic tools used by policymaker to mandate a maximum price that the seller must charge for sales of a product or service.

Price ceiling serves as a tool to prevent the producers from exploiting the consumers.

The price ceiling are imposed by the policymaker to prevent producer or seller of coffee to have price advantage of its sales to the coffee consumers.

Therefore, in conclusion, aim of preventing exploitation of consumer is the reason of imposing price ceiling on coffee market.

Read more about Price Ceiling here

<em>brainly.com/question/24644929</em>

4 0
3 years ago
Other questions:
  • What is one way GDP could be measured?
    7·1 answer
  • "To get out the vote" is an example of what type of mission statement?
    9·2 answers
  • Identify the key purposes of the field of organizational behavior. Name 4 of the social sciences fields OB borrows from.
    13·2 answers
  • Prepare a tabular summary to record the transactions for the month using a perpetual inventor system.
    14·1 answer
  • The following events occurred for Favata Company: Received $12,000 cash from owners and issued stock to them. Borrowed $9,000 ca
    5·1 answer
  • A company hired you as a consultant to help them estimate its cost of capital. You have been provided with the following data: D
    14·1 answer
  • Lunar Vacations needs to raise $ 6,100,000 for its new project? (a golf course on the? moon). Astro Investment Bank will sell th
    13·1 answer
  • It is important to know your own strengths and weakness. Please select the best answer from the choices provided T F.
    11·1 answer
  • The united states maintained its military superiority with a defense budget larger than the next __________ biggest military pow
    15·1 answer
  • Second Chance Welding rebuilds spot welders for manufacturers. The following budgeted cost data for 2020 is available for Second
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!