Answer:
Explanation:
Fixed costs - will remain similar no matter of output amount
Variable costs - vary with the change in output
Average cost=(Fixed cost(FC) + Variable cost(VC))/number of units produced
VC = VC per cup of coffee served *cup of coffee served in a week
Total Cost(TC)= FC+VC
Average cost=TC/Cup of coffee served in a week
1. Let's calculate for 2000 cups of coffee:
FC remain the same! = $1200
VC=0.22*2000= $440
TC=FC+VC= 1200+440= $1640
Average cost of 1 cup of coffee= TC/#of cups=1640/2000=$0.82
2. Calculation for 2100 cups:
FC=1200
VC=0.22*2100=462
TC=1200+462=1662
Av cost=1662/2100=0.79
3. Calculation for 2200 cups:
FC=1200
VC=0.22*2200=484
TC=1200+484=1684
Av cost=1684/2200=0.77
As the number of cups increased from 2000 to 2100, the average cost per cup devreased 0.82 to 0.79. Then when number of cups increased to 2200, average cost decreased to 0.77. The reduction is due to the variable cost
Answer:
28.new technology
29.putting competitor's out of business.
30.supply goods and services in the product market
31.quantity demands decreases
32.toothpaste is a normal good.
34.a leftward shift of the demand curve.
Answer:
The answer is :
B) data about the economy from the past.
I hope it helps
have a nice day
#Captainpower
False. Employees must be notified by the supervisor about the beginning of a lockout/tagout procedure.
- Lockout and tagout are work procedures that ensure that safety is maintained for employees, especially during equipment repairs or maintenance.
- Lockout involves ensuring that the operation of a machine or process is in a safe mode by isolating energy from the system.
- Tagout is a labeling that ensures that warnings are issued to employees during a lockout so that a machine or process is not re-energized until the repair or maintenance is complete.
Thus, it is FALSE that employees will not be notified that a lockout/tagout is about to commence.
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