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IceJOKER [234]
3 years ago
12

27. Average cost curves (except for average fixed cost) tend to be U-shaped, decreasing and then increasing. Marginal cost curve

s have the same shape, though this may be harder to see since most of the marginal cost curve is increasing. Why do you think that average and marginal cost curves have the same general shape
Business
2 answers:
jasenka [17]3 years ago
6 0

Answer:

Explanation: Both the marginal cost curve and the average variable cost curve are U-shaped. For many firms, this is true because their production exhibits increasing returns at low levels of output and decreasing returns at high levels of output. At the minimum of average cost, the marginal cost curve intersects the average cost curve. This is because when marginal cost is above average cost, average cost is decreasing and when marginal cost is below average cost, average cost is decreasing.

Nana76 [90]3 years ago
4 0

Answer:

Explanation:

The economic theory that focuses on the average and marginal cost explains that, the average and marginal cost curves have the same general shape because,

The average cost curve depends directly on the marginal cost curve, since rising marginal costs must necessarily increase average costs, and falling marginal cost will also decrease average cost but the average cost will never enter the negative region.

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A firm engages in a new type of financial transaction that has a material effect on its earnings. An analyst should most likely
slega [8]

Answer:

management has not explained its business purpose

Explanation:

Since in the question it is mentioned that the firm is engaged in the new financial transaction that contains the material impact on the earnings so this represents that it could be come under the pre existed accounting standards.

Also everyone should be aware of the business purpose plus it is not established for changing off the financial statements

So it would be suspicious because the purpose of the business could not be explained

4 0
3 years ago
Gillette charges a fairly low price for their razors​ (relative to​ costs) and a high price for razor blades. they are using a s
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A. ​captive-product pricing

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3 years ago
The interest cost component of NPPBC is the_______________.
san4es73 [151]

Answer: D

Explanation: Interest cost reflects the change in the APBO throughout the period which arise simply from a passage in time.

It is usually equal to the APBO at the start of the period times, the supposed discount rate which is used to regulate present value of future cash outflows currently expected or needed to satisfy the commitment or duty.

7 0
3 years ago
Read 2 more answers
Reading through a credit card disclosure (aka the Schumer Box), you see the A.P.R. for a specific card is set at 9.99% - 23.99%.
Leviafan [203]

If the A.P.R. for a specific card is set at 9.99% - 23.99%, it shows the range of the A.P.R bank is offering for the card. It means the A.P.R. can be any % between 9.99% and 23.99%. The A.P.R. is decided on the basis for the credibility of the borrower. The credit score of the borrower is the factor to determine the credibility of the borrower. Hence the A.P.R of the card is determined on the basis of the credit score of the borrower.

Hence, the correct answer is:

b. One of the primary factors determining your card's A.P.R. is your credit score

6 0
3 years ago
You are constructing a test of knowledge of research methods. In doing so, you use your textbook for this class to devise 100 tr
ladessa [460]

Answer:

<em>Face validity</em>

Explanation:

Face validity applies to the great extent in which an evaluation or measure tends to subjectively assess the component or construct to be measured.

In certain utterances, face validity is when an evaluation or test happens to be doing what it claims to be doing.

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3 years ago
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