Answer:
MC > AC : AC rise ; MC < AC : AC fall ; MC = AC : AC minimum .
Explanation:
Marginal Cost MC is addition to total cost with an additional production.
∆C/∆Q
Average Cost AC is average cost per unit of production output. C / Q
Relationship between AC & TC : Average move in direction of Marginal .
MC > AC : AC rises
MC < AC : AC falls
MC = AC : AC is minimum
Answer:
Robert F Williams
Explanation:
He was born in Monroe, North Carolina. He was elected as the local branch president of the NAACP. He was the father of the Black Power movement and civil rights leader who openly advocated armed self-defense for blacks in the 1960s. He inspired the Student National Coordinating Committee, The Revolutionary Action, and The Black Panther Party.
Answer:
individual transfer rights system.
Explanation:
Some countries use market-based systems to help control access to fisheries. One such program is the individual transfer rights system.
An individual transfer rights (ITR) system can be defined as a system in which the government of a particular country gives each fishing vessel or owner a specific percentage of the total fish allowable to be caught each year.
Answer:
Option a 7500 hours.
Explanation:
Given that Majenta Company uses a standard costing system. The following information pertains to direct labor costs for February:
Labour rate variance = Actual hours x actual rate - actual hours x std rate
Here we have actual rate = 10 and std rate = 12
So Labour rate variance = Actual hours (10-12) = 15000 F
This gives
actual hours = 15000/2 = 7500 hours
So option a
Answer: Financial institutions
Explanation: Financial institutions, sometimes referred to as banking institutions works as a intermediary in financial markets. These institutions offers deposit facilities to general public in exchange of interest on such deposits. Then these institutions lend the deposited amounts to those in need for investments and funds and charge interest to them.
Thus, we can conclude that option A is correct.
