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KatRina [158]
3 years ago
14

A sofa manufacturer can produce 10 sofas for $2,500 and 12 sofas for $2,760. What is the difference between the average cost per

sofa for 12 sofas and the marginal cost of the 12th sofa
Business
1 answer:
strojnjashka [21]3 years ago
8 0

Answer:100

Explanation:

The following information can be gotten from the question:

Cost for 10 sofas = $2500

Cost for 12 sofas = $2760.

Average Cost = Total Cost/Quantity

2500 / 10 = $250 and

$2760 / 12 = $230

The average cost for 12 sofas will be $230

Marginal cost is the change in total cost divided by the change in quantity. This will be:

= ( 2760 - 2500 )/( 12 - 10 )

= 260/2

= 130

The difference between the average cost per sofa for 12 sofas and the marginal cost of the 12th sofa will be:

=230 - 130

= 100

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Assume that on September 1, Office Depot had an inventory that included a variety of calculators. The company uses a perpetual i
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Answer and Explanation:

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5 0
3 years ago
A worker received a $10,000 bonus and decided to split it among three different accounts. He placed part in a savings account pa
kotykmax [81]

Answer:

so savings = $2200

bonds = $4400

and mutual fund = $3400

Explanation:

given data

received bonus = $10,000

savings account paying = 4.5% per year

bonds paying = 5%

mutual fund that returned = 4%

income from these investments = $455

to find out

How much did the worker place in the government bonds

solution

we consider amount invested for 4.5 % is = x

and hen his investment in bonds is = 2x  for 5%

and rest is  10000- x  - 2x

that is = (10000- 3x ) for 4%

so

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4 0
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Answer:

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Suppose that businesses buy a total of $170 billion of the four resources (labor, land, capital, and entrepreneurial ability) fr
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Answer:

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