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Yakvenalex [24]
3 years ago
10

Determine fixed​ cost, F; average variable​ cost, AVC; average​ cost, AC; marginal​ cost, MC; and average​ fixed-cost, AFC. The

fixed cost function​ (F) is
Business
1 answer:
Rom4ik [11]3 years ago
5 0

Answer:

Fixed Cost Function = Average Cost - Average Variable cost

Explanation:

A fixed cost is the one which does not changes with the level of production. These cost are irrelevant to number of units production. It is not affected by the units produced and sold. The change in fixed cost does not affect the marginal cost. The marginal cost is the variable cost that is incurred by producing one more unit. These costs are affected by the level of production.

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Suppose Pete was looking for a job for so long that he decided to give up looking for a job altogether. Pete has decided to reti
fredd [130]

Answer: Marginally - attached worker

Explanation: While calculating the underemployment rate the government usually includes three groups these are : unemployed workers who are actively looking for work; involuntarily part-time workers and marginally attached workers who want and are available to work , but have given up actively looking.

Therefore Pete would lie under the category of<u><em> marginally attached worker  who want and are available to work , but have given up actively looking.</em></u>

<u><em /></u>

7 0
3 years ago
Find the average variable cost for producing 18 sneakers. Round your answer to the nearest hundredth.
murzikaleks [220]

Answer: $2.78

Explanation:

Average variable cost is calculated by dividing the total variable cost of producing a certain number of units of a good by that same number of units.

Average variable cost = Variable cost of producing 18 sneakers / 18

= 50 / 18

= 2.7778

= $2.78

7 0
3 years ago
Provincial Inc. reported the following before-tax income statement items: Operating income $ 520,000 Loss on discontinued operat
geniusboy [140]

Answer:

$176,800

Explanation:

Operating income ×income tax rate

$520,000 × 34% = $176,800

Therefore Provincial would report $176,800 of income tax expense as a separately stated line item in the income statement because $520,000 is the operating income tax before-tax income statement items and 34% is the actual income rate.

4 0
3 years ago
Read 2 more answers
community hospital in a rual community operates the ambulance service. the hospital purchases a new ambulance for $150,000. they
lisov135 [29]

Answer:

$150,000×20,000=3.000.000.000

Explanation:

3.000.000.000÷10=300.000.000 years

5 0
3 years ago
Sean is initially unsure about which laundry detergent brand to buy: Stainz-Out or Ocean Fresh. Thanks to advertising, he has le
svlad2 [7]

Answer:

Positive effect advertisement

Explanation:

Base on the scenario been described in the question, the effect of the Ocean fresh because of the positive effect advertisement. This so because he discovered that ocean fresh is more cheaper and has almost the same price with that of stainz-out.

We can define positive advertisement as some kind of marketing strategies which show the target population all the positive effects which one can receive due to any particular product or service

4 0
3 years ago
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