Answer:
d. the average total cost is increasing.
Explanation:
The average total cost if the average cost of producing one unit, where as the marginal cost if the additional cost of producing an additional unit, so when the marginal cost is greater than the average total cost, it means that producing new units will drive the average total cost up because the cost to produce one more unit is more than the average total cost. This means that the new unit being produced costs more than the previous units produced if we take an average. We can also prove this mathematically.
If a factory produces 100 units, at a total cost of 10,000.
The average total cost if 10,000/100=100
If the marginal cost is greater than the average cost for example it is 150 then the total cost is 10,000+150=10,150
Also the average total cost will be 10,150/101=100.49
This shows that when the marginal cost is greater than average total cost the average total cost is increasing.
Answer:
Te answer is: The demand for new cars will rise, so the demand for auto loans will also rise, increasing the labor demand in companies that offer auto loans.
Explanation:
When the price of a good or service decreases, the quantity demanded for that good or service will increase.
Interest rates can be considered as the price of a loan, so when interest rates fall, the quantity demanded for loans will increase. This factor plus an increase in car sales, low gasoline prices and low unemployment are the perfect conditions for the auto loan industry to flourish.
When any industry is expected to do so well, their demand for labor is also expected to increase.
The answer is <u>"Whole life".</u>
Whole life insurance is for the most part utilized when the requirement for disaster protection is long lasting, or changeless. Also it has a worked in investment funds component since you will pay premiums and consequently develop a money esteem inside the arrangement. Also, Whole life insurance might be utilized as a piece of your bequest arranging.
Premiums for entire disaster protection can be considerably higher than premiums you would pay at first for a similar measure of term protection, however they are littler than the premiums you would in the end pay if you somehow managed to continue reestablishing a term protection arrangement until the guaranteed's later years.
