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
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.

You might be interested in
Workers in contributing to the common good is
Katarina [22]
A worker's success in contributing to the common good is determined by how well one does his or her job. One way is to pay tax contributions properly. Another way is to be proactive and open-minded with regards to work. Lastly, they must also know how to motivate others.
4 0
3 years ago
A(n) ____ might be represented with a single-valued attribute. Group of answer choices person’s phone number(s) person's driver'
kolezko [41]

Answer:

person's driver's license number

Explanation:

A single valued attribute means that a person or a thing can only have a single value for that attribute, for example, you can have only one social security number since having more than one is illegal.

Following the same logic, you could only have one driver's license number, since you can only have one license.

But you can have more than one cellphone, you can also have more than one car, and finally you may have attended more than one college.

4 0
3 years ago
According to Piaget, children in the preoperational stage are able to Group of answer choices reason abstractly and test hypothe
Olenka [21]

Answer:

represent objects with words and images

Explanation:

The preoperational stage occurs is the second stage of Piaget's theory of Cognitive Development. Here, the child becomes familiar with the use of symbols. This also helps in the development of the child's language skills.

The child starts to understand the concept of thinking. This is known as meta-cognition. The ability of the child to represent objects with words and images is integral in the learning and use of language.

Hence, the answer is represent objects with words and images.

5 0
3 years ago
Emily purchased a building to store inventory for her business. The purchase price was $895,000. Emily also paid legal fees of $
Ugo [173]

Answer:

Emily’s cost basis in the new building is $900,750.

Explanation:

Cost basis in the new building

= Purchase price of building + legal fees + Cost of interior design

= $895,000 + $450 + $5,300

= $900,750

Therefore, Emily’s cost basis in the new building is $900,750.

3 0
3 years ago
Time to do usps in post office. is open on all days or closed saturday
Law Incorporation [45]
It is open all days of the week
4 0
3 years ago
Other questions:
  • Greg purchased 2,000 shares of common stock of the rite track corporation last year. he learned several months later that the st
    9·1 answer
  • you are invited to play the following game: an urn holds two white and three black balls, and you draw three balls randomly. If
    10·1 answer
  • Look at the chart displaying the human development index (HDI) worldwide, which is linked to a high standard of living. Based on
    8·1 answer
  • A purchaser of the assets of a business must allocate the purchase price to the individual assets in accordance with the written
    8·1 answer
  • Credit cards are different from debit cards because
    11·1 answer
  • If you borrow capital to start a business and the money is provided interest-free, then your cost of capital is zero.
    15·1 answer
  • The risk-free rate of return is 5 percent and the market risk premium is 12 percent. What is the expected rate of return on a st
    14·1 answer
  • At year end, Tangshan China Company balance sheet showed total assets of $60 million, total liabilities (including preferred sto
    11·1 answer
  • How do you get cheap airline tickets?
    5·1 answer
  • If x is a normal good, an increase in income will shift the.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!