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3 years ago

When marginal cost exceeds average total cost:

Business

1 answer:

gtnhenbr [62]3 years ago

4 0

Answer:

B) average total cost must be rising

Explanation:

Marginal cost is the rate at which total variable cost increases when one more unit is produces.

So when marginal cost is larger than average cost, it means that total average costs must be increasing.

For example, we have the following production costs:

total costs = $100
units produced = 20 units
total average costs = $5 per unit

If the marginal cost of producing 1 more unit is $6, then the total costs will be $106 and the total average cost will be $5.05 per unit (= $106 / 21 units).

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Suppose an investment offers to triple your money in 24 months (don't believe it). What rate of return per quarter are you being

Natasha2012 [34]

Answer:

30.77%

Explanation:

Assume investment = $1

Assume mount after 24 months = $5

Number of quarters in 24 months = 24/4 = 6

Future value = P*(1+r)^n; Where P is payment, r is interest rate per period, n is number of periods

5000 = 1*(1+i)^6

1*(1+i) = 5^(1/6)

1+i = 1.30766048601

i = 1.30766048601 - 1

i = 0.30766048601

i = 30.77%

So, the rate of return per quarter being offered is 30.77%

8 0

3 years ago

One of the Ten Principles of Economics in Chapter 1 is that people face tradeoffs. The growth that arises from capital accumulat

Trava [24]

Answer:

B.sacrifice consumption goods and services now in order to enjoy more consumption in the future.

Explanation: Tradeoff is a term used in Economics to refer to the sacrifice of a particular quality or goods in order to enjoy the benefits of the use of another.

Tradeoffs are applied in Economic decisions especially in a situation where there are two competing needs, it is applied in order to choose the most urgent and necessary while the other can be considered for a later day or period.

Applying tradeoffs in Economic decisions will lead to an increase of one factor or need which will lead to a decrease in another factor or need.

4 0

2 years ago

George has the following capital gains and losses for 2019: $6,000 STCL, $5,000 28% gain, $2,000 25% gain, and $6,000 0%/15%/20%

sattari [20]

Answer:

E) The net capital gain is composed of $1,000 25% gain and $6,000 0%/15%/20% gain.

Explanation:

Calculation to determine what the net capital gain is composed of

Based on the information information given the amount of $6,000 STCL will have to offsets the $5,000 28% gain which is represent the highest tax rate gain while -$1,000 of 25% gain which is the amount that remain as loss will as well offsets the next highest tax rate gain.

Hence

Net capital gain= $6,000 STCL - $5,000 28% gain

Net capital gain= - $1,000 of 25% gain

Therefore the net capital gain is composed of

$1,000 25% gain and $6,000 0%/15%/20% gain.

3 0

2 years ago

You own a portfolio of two stocks, A and B. Stock A is valued at $84,650 and has an expected return of 10.6 percent. Stock B has

Maslowich

Answer:

10.05%

Explanation:

A portfolio contain two stocks A and B

The value of stock A is $84,650

The expected return of stock A is 10.6%

= 10.6/100

= 0.106

The expected return of stock B is 6.4%

= 6.4/100

= 0.064

The portfolio value is $97,500

The first step is to calculate the value of stock B

Value of B= $97,500-$84,650

= $12,850

Therefore the expected return can be calculated as follows

Expected return= value of stock A/portfolio value×expected return of stock A + value of stock B/portfolio value×expected return of stock B

=$84,650/$97,500×0.106+$12,850/$97,500×0.064

= 0.8682×0.106+0.1318×0.064

= 0.09202+0.008435

= 0.10045×100

= 10.05%

Hence the expected return on the portfolio value of $97,500 is 10.05%

6 0

3 years ago

Niall is an assembly-line worker in a car-manufacturing firm in detroit. assembly-line workers like niall constitute the _____ o

Mazyrski [523]

If Niall is an assembly-line worker in a car-manufacturing firm in detroit. assembly-line workers like niall constitute the <u>Factors of production</u> of the car-manufacturing firm.

<h3>What is Factors of production?</h3>

Factors of production can be defined as factors, inputs or resources that contributed to the production of goods and services.

Labor, land , capital as well as entrepreneurship play a major role when it comes to production of goods and service as they are the factors that contributed to the production of goods and services which in turn means that they are essential.

Therefore If Niall is an assembly-line worker in a car-manufacturing firm in detroit. assembly-line workers like niall constitute the <u>Factors of production</u> of the car-manufacturing firm.

Learn more about Factors of production here:brainly.com/question/17518033

#SPJ1

3 0

1 year ago