Answer: D. marginal product; increasing; average variable cost; decreasing
Explanation:
The Marginal product curve is hump-shaped and the marginal cost curve is U-shaped because these two move in opposite directions to each other.
If the marginal cost is decreasing therefore, the marginal product must be increasing. If the marginal cost is decreasing and the marginal product is increasing, average variable cost will have to fall because every additional unit produced incurs less cost so the average has to fall as well.
A client's line or constraint suggests diverse mixtures of products that may be purchased with a particular amount of income Budget Line shows all the bundles/combinations of two commodities that a consumer can buy with the given income at a given set of prices.
The definition of income is the quantity of money obtained by way of someone, group, or corporation in the course of a certain time period. An example of earnings is a $70,000 a 12 months income. For most people, profits manner their overall profits in the shape of wages and salaries, the return on their investments, pension distributions, and different receipts.
Various mixtures of profits assets may be used to derive this type. as instance, at the maximum precise degree, the profits sources are blended into five components: wages and salaries, self-employment income (farm and non-farm), government switch payments, investment earnings, and other profits.
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Answer:
C) $201,760
Explanation:
To compute the amount of cash proceeds, we have to multiply the bonds face value with the issued price percentage.
Since only issue price is given, so we assume it is in percentage form because the number of shares is not given in the question. So, we assume this.
In mathematically,
Cash proceeds = Face value × 0.97
= $208,000 × 0.97
= $201,760
Answer:
Total= $98,000
Explanation:
Giving the following information:
You plan on saving for a large home improvement project using the following cash flows: $50,000 today, $25,000 next year, and $10,000 the following year. The account earns a 10% return per year.
We need to use the following formula:
FV= PV*(1+i)^n
FV= 50,000*1.10^2= 60,500
FV= 25,000*1.1= 27,500
FV= 10,000
Total= $98,000
Answer:
Direct material price variance= $2,500 favorable
Explanation:
Giving the following information:
The standards for each cap allow 2.00 yards of soft for $2.00 per yard. During January, the company purchased 25,000 yards of soft fabric at $2.10 per yard, to produce 12,000 caps.
<u>To calculate the direct material price variance, we need to use the following formula:</u>
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (2 - 2.1)*25,000
Direct material price variance= $2,500 favorable
