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tatiyna
3 years ago
14

If the marginal cost of production is greater than the average cost, in what direction must the average cost be changing, if any

?
a) The average cost must be falling.
b) The average cost must be rising.
c) The average cost is unaffected.
d) The average cost would become non-existent.
e) The average cost would equal 0.
Business
1 answer:
ziro4ka [17]3 years ago
6 0

Answer:

b) The average cost must be rising.

Explanation:

Assuming that the entity produce 4 units and its total cost is $16 so average cost per unit is $4 and  now the same entity has produced the 5th unit at $5 so the average cost now per unit is (16+5)/5=$4.2

So based on the above discussion, it can be concluded that average cost increase when the marginal cost of production is increased.

So the answer is b) The average cost must be rising.

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Samantha's Office Supplies manufactures desk organizers in its Processing Department. Direct materials are included at the incep
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8 0
3 years ago
rief Exercise 6-11 In Marshall Company, data concerning two products are unit contribution margin—Product A $10, Product B $12
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Answer:

Product A -$5

Product B-$4

Explanation:

Apart from the contribution for products A and B given in the question,the other details are the machine hours required to produce one unit of A and B,which implies that the limited resource is the machine hour provided alongside the contribution

The contribution per unit of limiting factor or resource is computed thus:

                                                                      Product A                   Product B

Contribution                                                           $10                          $12

Limiting resource(hour)                                            2                              3

Contribution/resource(contribution/resource)        $5                          $4  

In other words it would be better to give product preference in production since it has a higher contribution per unit of scarce resource                    

8 0
3 years ago
how the behavioral decision-making model was applied in the wcps's decision to shut down its campuses.
FrozenT [24]

The behavioral decision-making model turned into implemented in the wasps' selection to close down its campuses: The selection to shut the north Phoenix vicinity.

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management specialists have developed a 'behavioral method' that's realistic in step with the call for the situation. This technique is pragmatic and holds the view that a manager is a human being and can not be completely rational due to the fact he is faced with many constraints, troubles, obstacles, and inadequacies.

Behavioral decision-making goals to tricky the factors of judgment and choice behavior in conjunction with great expertise of psychology which helps in enhancing the choice-making conduct of a person.

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6 0
1 year ago
The following table shows data on consumption, investments, exports, imports, and government expenditures for the United States
kotegsom [21]

Answer:

Net export of goods and services equals -$578.4 billion(its in negative)

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Explanation:

Formula for Gross Domestic Product (GDP) using expenditure approach is

C + I + G + (X-M)

where (X-M) is the net exports of goods and services.

C is consumption

I is Investment

G is government spending or purchases

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M is the total imports

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=$19,485.4

Explanation:

6 0
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