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3 years ago

Diseconomies of scale imply that the average total cost curve is downward-sloping in the long run.

1 answer:

6 0

Its false.
economies of scale is the reason for downward sloping of total cost curve in long run.
diseconomies of scale is the reason for upward sloping of total cost curve in long run because diseconomies of scale increase the total cost

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Brianna cruz earned $130 in simple intrest in 9 months at an annual interest rate of 8%. How much money did she invest?

stiks02 [169]

Answer:

She invested $2,167

Explanation:

As interest rate is not compounded, the 9-month interest of a 8% annual interest is simply:

8% * 9 / 12 = 6%

Let A be the amount of money she invest. After 9 month she will receive:

A * 0.06 dollars.

And the actual amount is $130. So she invested

A = $130 / 0.06 = $2,167

4 0

3 years ago

The Stone Harbor Fund is a closed-end investment company with a portfolio currently worth $310 million. It has liabilities of $3

defon

Answer: 8.79%

Explanation:

The premium or discount as a percent of NAV will be calculated thus:

NAV will be calculated as:

= (Market value of portfolio - liabilities ) / shares outstanding

= ($310 million - $3million) ÷ 10 million

= $30.7 per share.

Then, the calculation for the discount percent will be:

= (selling price - NAV) / NAV

= ($28 - $30.7) / $30.7

= ($-2.7) / $30.7

= (0.0879)

= 8.79%

Therefore, NAV is trading at discount of 8.79%

8 0

3 years ago

What is the profit maximization rule equation?

ValentinkaMS [17]

Answer:

mc=mr

Explanation:

This is because in economics, the profit maximization rule is represented as MC = MR, where MC stands for marginal costs, and MR stands for marginal revenue. Companies are best able to maximize their profits when marginal costs -- the change in costs caused by making a new item are equal to marginal revenues............................

6 0

3 years ago

Fresh Veggies, Inc. (FVI), purchases land and a warehouse for $490,000. In addition to the purchase price, FVI makes the followi

Airida [17]

Answer:

$555,900

Explanation:

To determine the FVI amount that should be recorded, all closing costs must be added to the initial purchase price of the land

∴ = $490,000 + $29,000 + $1,900 + $6,000 + $29, 000

=$555,900.

4 0

4 years ago

You are an international shrimp trader. A food producer in the Czech Republic offers to pay you 2.3 million Czech koruna today i

Y_Kistochka [10]

Answer:

$19,002.77

Explanation:

The computation of the value of deal is shown below:

The value of the deal = Sales revenue - purchase cost

where,

Sales revenue is

= 2,300,000 ÷ 25.49 koruna per dollar

= $90,231.46

And, the purchase cost is

= 2,800,000 ÷ 39.31 baht per dollar

= $71,228.69

So, the value of the deal is

= $90,231.46 - $71,228.69

= $19,002.77

hence, the value of the deal is $19,002.77

6 0

3 years ago