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BabaBlast [244]
3 years ago
7

You can now apply this analysis to production costs. For a U-shaped average total cost (ATC) curve, when the marginal cost curve

is below the average total cost curve, the average total cost must be . Also, when the marginal cost curve is above the average total cost curve, the average total cost must be . Therefore, the marginal cost curve intersects the average total cost curve .
Business
1 answer:
Svetach [21]3 years ago
6 0

Answer:

The correct answer is: falling; rising; at its minimum point.

Explanation:

The average total cost is the ratio of the total cost incurred in the production process and the level of output. It initially decreases sue to economies of scale. But after reaching a certain level it starts rising because of diseconomies of scale.  

Marginal cost is the cost of producing each additional unit of output. It is the change in the total cost because of a change in output level by one unit.  

If the marginal cost of producing the last unit is lower than the average cost, producing one more unit will reduce the average cost. So when the marginal cost is below average total cost, ATC is falling.  

Similarly, if the marginal cost of producing the last unit is greater than the average cost, producing one more unit will increase the average cost. So when the marginal cost is above average total cost, ATC is rising.

So, the marginal cost curve must be intersecting ATC at its minimum point.

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A market analyst is developing a regression model to predict monthly household expenditures on groceries as a function of family
ra1l [238]

Answer:

Letter e is correct. <u>A independent variable.</u>

Explanation:

In this question, the most appropriate alternative is the letter e, an independent variable.

In statistics, an independent variable is one whose measure will not depend on any other variable, unlike the dependent variable which corresponds to a measure that will always depend on another variable measure.

8 0
3 years ago
Read 2 more answers
In a mutual fund, investors share equally in profits, losses, and management decisions.
sammy [17]

Answer: True

Explanation: A mutual fund is a collective pool of funds provided by a group of individuals to money managers for investment in various securities such as stocks and bonds.

Due to it's collective nature, every shareholder or investor benefits and loses in equal portion - and the expenses of the mutual fund are shared in the expense ratio.

Because the funds are invested into stocks, bonds and other securities, they usually have a lower risk than individual stocks or bonds.

5 0
3 years ago
First Rentals purchased office supplies on credit. The general journal entry made by First Rentals will include a:
Assoli18 [71]

The general journal entry made by First Rentals on purchase of office supplies on credit will include a Credit to Accounts Payable.

<h3>How are office supplies on credit recorded?</h3>

Office supplies on credit means office supplies bought on credit by the firm.

In conclusion, the general journal entry made by First Rentals on purchase of office supplies on credit will include a Credit to Accounts Payable.

Read more about Accounts Payable

<em>brainly.com/question/1347024</em>

5 0
2 years ago
Global Technology’s capital structure is as follows: Debt 50 % Preferred stock 35 Common equity 15 The aftertax cost of debt is
solmaris [256]

Answer:

The computation is shown below:

Explanation:

The computation is shown below:

For weighted cost of each source of capital is

Debt:

= Cost of debt × Weight of debt

= 9% × 50%

= 4.5%

Equity

= Cost of equity × weight of equity

= 16% × 0.15

= 2.4%

Preferred stock

= Cost of preferred stock × weight of preferred stock

= 12.50% × 35%

= 4.375%

Now the weighted average cost of capital is

= 4.5% + 2.4% + 4.375%

= 11.275%

Therefore in the first part we multiplied the cost with the weight of each source of capital

And, then we add the all answers

8 0
3 years ago
The Walt Disney Company is world renowned for its destination resorts and theme parks. The company prides itself on providing th
rodikova [14]

Answer:

Those repairing the rides.

Explanation:

The Walt Disney Company uses a strategy to create a complete experience when visiting its destination resorts and theme parks. Disney's goal is to create a magical world, where it can win people over by the enchantment of its characters and shows.

For this strategy to be effective, there is a very adequate training of its employees, most of them are included as members of the cast, using fantasies of the iconic characters and assisting visitors and taking photos, making the experience more complete.

But in the case of the above question, the group of employees who are most likely to be considered the "ingroup" in the theme park are those who provide technical support to repair the tours, due to the fact that the application of their skills is more technical and less playful. , as most Disney employees must behave.

7 0
2 years ago
Read 2 more answers
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