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Ivan
4 years ago
10

Suppose the cost of 5 pencils is $1.50. The cost of 6 pencils is $1.75. The marginal cost of the sixth pencil is

Business
1 answer:
nataly862011 [7]4 years ago
4 0

Answer:

$0.25

Explanation:

The marginal cost of the sixth pencil is given by the difference in total cost of purchasing 6 pencils from the cost of purchasing 5 pencils. That is, the change in cost caused by the addition of the sixth unit of output:

MC = \$1.75-\$1.50 = \$0.25

The marginal cost of the sixth pencil is $0.25

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The purchases discount account or discounts received account.
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Where are you from im from georgia but live in kentucky
alexira [117]

Answer:

I am from Long Island but live in NC

Explanation:

4 0
3 years ago
Read 2 more answers
2. Liquidity Consider the relative liquidity of the following assets: Assets 1. The funds in a savings account 2. A bond issued
Alina [70]

Answer:

The answer is,

Asset

Most Liquid :  $5 bill

Second-Most Liquid : The funds in a savings account

Third-Most Liquid :  A bond issued by a publicly traded company

Least Liquid : Your house

The liquidity simply measures the ability to turn in to cash in a relatively short period of time. Cash at hand is the most liquid while property and other movable and immovable assets tends to be a bit difficult to be turned into cash quickly.

Explanation:

6 0
4 years ago
Bread Co. commenced operations during the year as a large importer and exporter of baked goods. The imports were all from one co
storchak [24]

Answer: c. $300,000

Explanation:

Here, the shipping costs from overseas is part in inventory costs whereas the shipping costs to export are part of expense not inventory.

Given: Purchases during the year  $15.0 million

Shipping costs from overseas$1.5 million

Shipping costs to export customers$1.0 million

Inventory at year end $3.0 million

Amount of shipping costs should be included in ABC Trading's year-end inventory valuation = (Inventory at year end)÷(Purchases during the year ) × (Shipping costs from overseas)

= ($3,000,000) ÷ ($15,000,000) × ($1,500,000)

= $300,000

Hence, the correct option is c. $300,000.

3 0
3 years ago
Jamal gets qualified for a 30,000 car loan that has a 5 year term and has an interest rate of 5.9% APR. He decides to take those
stiks02 [169]

Jamal's monthly payment for the car loan is $578.59.

Data and Calculations:

Amount of Jamal's auto loan = $30,000

Term of the auto loan = 5 years or 60 months

Interest rate payable = 5.9% APR

Monthly payment from an online financial calculator:

Monthly Pay = $578.59

Total Loan Amount = $30,000.00

Upfront Payment = $0.00

Total of 60 Loan Payments = $34,715.41

Total Loan Interest  = $4,715.41

Total Cost = $34,715.41

Thus, Jamal will be making a monthly payment of $578.59.

Learn more about calculating monthly payments for auto loans at brainly.com/question/11866605

6 0
3 years ago
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