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
RoseWind [281]
3 years ago
11

If you know that with 8 units of output, average fixed cost is $12.50 and average variable cost is $81.25, then total cost at th

is output level is:
Business
1 answer:
rosijanka [135]3 years ago
4 0

Answer: The total cost at an output level of eight units is $750.


We have

Average Fixed Cost  (AFC)       $12.50

Average Variable Cost  (VC)   $81.25

Number of units                    8

We compute the total fixed cost (TFC) as follows:

TFC = AFC * Number of units (output)

\mathbf{TFC = 12.50 * 8 = 100}

We calculate Total Variable Cost (TVC) as:

TVC = VC *number of units

TVC = 81.25 *8 = 650

Since Total Costs (TC) is nothing but the sum of total fixed costs and total variable costs,

TC = TFC + TVC

TC = 100 + 650 = 750



You might be interested in
Credit reports are viewed by?
Umnica [9.8K]

Answer:

bank tellers i think

Explanation:

3 0
3 years ago
On October 17, Nickle Company purchased a building and a plot of land for $589,200. The building was valued at $312,276 while th
Travka [436]

Answer:

Explanation:

The journal entry is shown below:

Building A/c Dr $312,276

Land A/c Dr       $276,924

        To Cash A/c             $61,900

        To Notes payable A/c $527,300

(Being the purchase of building and land for cash and note payable is recorded)

The computation of the notes payable is shown below:

= Total purchase value - cash paid

= $589,200 - $61,900

= $527,300

3 0
3 years ago
To be successful, what must an entrepreneur be willing to invest? Check all that apply. money unemployment personal safety time
kotegsom [21]

The correct answer is 1, 4, 5.

1. Money.

4. Time.

5. Considerable effort.

Successful entrepreneur is termed as the right attitude towards business and grit to achieve success and also self determination.

A successful entrepreneur has a healthy opinion and sense to self confidence to abilities and skills.

The most important trait for an entrepreneur to be successful is self discipline.

3 0
3 years ago
Read 2 more answers
In a spreadsheet, there are many features that help you edit quickly.<br> O True<br> O False
Lapatulllka [165]

Answer:True

Explanation:There are many form a quick editing hoped this helped ;) ... In a spreadsheet, there are many features that help you edit quickly.

5 0
3 years ago
Read 2 more answers
One problem with conflicts of interest is that they can reduce the ________ in financial markets, thereby increasing ________. Q
luda_lava [24]

Answer:

The answer is Quality of information and Asymmetric information

Explanation:

        Information quality is a multi-attribute concept, it is said to define the quality of information are of good quality or of high value then the information is said to have good quality.

        Asymmetric information also regarded as "information failure" occurs in a business environment in which some agent in a trade possesses information while other agents involved in the same trade do not.

3 0
2 years ago
Other questions:
  • Differentiation business strategies are often associated with premium prices. There are, however, reasons why a firm would NOT w
    11·1 answer
  • An agent, broker or lender who are trying to scare owners in a neighborhood into selling their property by suggesting that prope
    5·2 answers
  • Suppose a researcher wants to evaluate a self-esteem program by measuring students’ self-esteem before and after a self-esteem p
    13·1 answer
  • A company can sell all the units it can produce of either Product A or Product B but not both. Product A has a unit contribution
    8·1 answer
  • You have $22,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 11 percent and Stock Y with
    11·1 answer
  • Simple Random Sampling: The EAI data has information on the annual
    9·1 answer
  • HELP PLEASE. PLEAASEEEE
    14·2 answers
  • Ketchup is a complement (as well as a condiment) for hot dogs. If the price of hot dogs rises, the quantity of hot dogs demanded
    6·1 answer
  • Which of the following The holding-period return (HPR) on a share of stock is equal to(s) the level of real interest rates? I) T
    8·1 answer
  • _______ is a hybrid ADR in which both parties first submit to mediation for a set period of time (perhaps two business days). If
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!