1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stealth61 [152]
3 years ago
10

Cindy's Car Wash has average variable costs of $2 and average total costs of $3 when it produces 100 units of output (car washes

). The firm's total variable cost is A. $300. B. $200. C. $500. D. $100.
Business
1 answer:
suter [353]3 years ago
3 0

Answer:

$200

Explanation:

Total variable cost = average variable cost × quantity

$2 × 100 = $200

Variable cost is cost that varies with production.

If production increases, variable cost increases and if production reduces, variable cost falls. E.g. cost of Labour

Fixed cost is cost thay does not vary with production e.g. rent

I hope my answer helps you

You might be interested in
A dairy producer has determined that almost all grocery consumers are potential customers for its products. Which type of market
Flauer [41]

Answer:

undifferentiated

Explanation:

8 0
3 years ago
Justify the effectiveness of the national credit act ,2005 on businesses
forsale [732]

Answer:

The Act was introduced to: promote a fair and non-discriminatory marketplace for access to consumer credit

Explanation:

The National Credit Act was enacted on the premise that consumers need to be protected from this practice. The Act thus exerts pressure on the credit lenders to assess the consumer's ability to repay, disclose the cost of credit, as well as setting limit on interest that can be charged.

5 0
3 years ago
A watch manufacturer incurs a variable cost of $10 per watch and fixed costs of $400,000. To earn a 25 percent markup on selling
WITCHER [35]

Answer:

$22.50 per unit

Explanation:

Mark -up is the percentage of cost that is earned as profit.

Using mark-up,

Selling price = Total cost + total profit

Total cot = Fixed cost + variable cost

Total costs = $400,000 +  (10× 50,000)

                   = $900,000

Sales revenue = 125%× 900,000

                       = 1,125,000

Selling price per unit = Sales revenue/units

                       =1,125,000/50,000

                     = $22.50 per unit

6 0
3 years ago
Read 2 more answers
Which of the following best describes the term customer contact points? Group of answer choices
kumpel [21]

Answer:

d.a customer interacting with a franchise employee

Explanation:

Customer contact points are avenues through which a company interacts with its customers directly. The modes of interactions include phone calls, written communication, online interactions, or one-on-one customer support.

Many businesses recognize the importance of customer contact points. They invest heavily to ensure that the customer gets a wonderful experience at the contact points.

6 0
3 years ago
Why is it important for a nail care provider to learn and understand the structure and function of the nails?
melomori [17]

Answer:

Learning to know and recognize the Anatomy of the Nail is very important, whether for those who work in the Nails sector and every day must take care (even if only Aesthetically) of the Nails of their Customers, and for those who are simply passionate to the topic or prefer to independently take care of their Hands and Feet!

Explanation:

3 0
3 years ago
Other questions:
  • According to the business week article, "how to get a life and do your job" the most important aspect when pursuing a career in
    8·1 answer
  • If consumers are willing to pay a higher price than previously for each level of output, we can say that _______ has occurred. A
    9·1 answer
  • Mtv's widely-watched tv series the jersey shore is an example of _____, while the obscure works of playwright sam shepard are an
    9·1 answer
  • Match the types of databases to their meanings
    12·1 answer
  • A firm using a polycentric staffing policy will: Group of answer choices a. be less likely to suffer from cultural myopia. b. se
    10·1 answer
  • After a customer buys a computer or receives service from Top Computers and Service, a service representative contacts each cust
    7·1 answer
  • The Hudson Corporation has 7,600 obsolete units of a product that are carried in inventory at a manufacturing cost of $152,000.
    15·1 answer
  • "______ accounting uses adjusting entries to reflect economic reality even when there is _______ involved in the transaction. Th
    8·1 answer
  • "It is ethical for a firm to have a policy to sell goods or services to people who cannot afford them or to people who should no
    13·1 answer
  • Yvette is waiting in line to receive a free t-shirt at a charity event. Because the shirts are free, there are many people in li
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!