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lawyer [7]
3 years ago
8

Assume that the marginal cost​ (MC) of production is increasingincreasing. Can you determine whether the average variable cost​

(AVC) is increasing or​ decreasing? Explain.
Business
1 answer:
ki77a [65]3 years ago
3 0

Answer:

YES - When marginal cost​ (MC) of production is increasing, the average variable cost​ (AVC) is increasing.

Explanation:

Marginal cost (MC) is the cost of producing an extra unit of output while Average variable cost (AVC) is the cost per unit of output produced.

When MC is below AVC, MC pulls the average down. This means that when MC is falling, AVC is falling

When MC is above AVC, MC is pushing the average up; therefore when MC is rising, AVC is rising.

The conclusion is that MC and AVC have a direct relationship and a rise in one will cause a rise in the other , therefore when the marginal cost​ (MC) of production is increasing, the average variable cost​ (AVC) is increasing.

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Assume that the Charleston Inc. uses the indirect method to depict cash flows. Indicate where, if at all, an inventory increase
Marianna [84]

Answer:

Operating activities

Explanation:

Basically there are three types of activities:

1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.

2. Investing activities: It records those activities which include purchase and sale of the fixed assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.  

So, it would be classified in the operating section of the cash flow statement

7 0
3 years ago
Throughout the course of your life, you have converted some of your cash on hand to certificates of deposit and bonds. You also
Serjik [45]

Answer:

intangible property

Explanation:

Intangible property can be defied as property that doesn't have any physical attributes that give them value. For example, a car is a tangible since you can drive it around, but a certificate of deposit is just a piece of paper (or even a computer code) and nothing else. The same applies to bonds and stocks, you know they are valuable but their value is not provided by their physical characteristics.

Other intangible property include patents, software, licenses, copyrights and trademarks. All of these can be extremely expensive, for example Microsoft is worth hundreds of billions and it sells digital ones and zeros.

4 0
3 years ago
What is the difference between real property and real estate...? real property consists of the land, while real estate consists
enyata [817]

Answer:

Real property consists of the land, land rights, and anything permanently attached to the land, while real estate consists of a structure attached to the land

Explanation:

Real estate refers to land that has a physical existence and the resources, structures are attached to it also it expands with respect to the rights of ownership and usage

While on the other hand the real property comprises fo land, rights of the land, and the thing that is permanently attached with respect to the land

Therefore the last second option is correct

6 0
3 years ago
What is the difference between online payment and in-person payment
hram777 [196]

Answer: online is virtual (phone,site,ect) in person is face to face interaction

Explanation:

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3 0
1 year ago
Read 2 more answers
Saguaro Company updates its inventory perpetually. Its beginning inventory is $70,000, goods purchased during the period cost $2
Mashutka [201]

Answer:

Ending inventory= 30,000

Explanation:

Giving the following information:

Its beginning inventory is $70,000, goods purchased during the period cost $240,000, and the cost of goods sold for the period is $280,000.

The ending inventory is the cost of the units remaining at the end of the period.

COGS= beginning finished inventory + cost of goods purchased - ending finished inventory

280,000= 70,000 + 240,000 - ending inventory

ending inventory= 70,000 + 240,000 - 280,000

Ending inventory= 30,000

4 0
3 years ago
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