Answer:
c y = 55,000 + 126.50X
Explanation:
Fixed Costs = $55,000
Variable Costs = $35 + $11.50 + $80 = $126.50
Therefore, The cost function best represents these costs is y = 55,000 + 126.50X
Answer:
total expenditure would increase
Explanation:
the demand for ground beef is inelastic.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one.
As a result of the disease, the supply of ground beef would fall. this would lead to a hike in the price of ground beef. But since demand for ground beef is inelastic, the the fall in demand would be less than the rise in price, so total expenditures would rise.
Solving the dilemma of making infinity computers competitive. Infinity's computers produces notebook computers which are not significantly different from their competitors. The major weakness of the firm is that they have too many employees and they are only relying in just one product.
Answer:
Unity of effort
Explanation:
The unity of efforts means that harmonizing the efforts among various organizations that are working towards a similar objective. It prevents duplication of effort and working at cross purposes and organizations try to achieve the unity of effort by sharing common objectives.
In military unity of command and unity of effort are similar, but in military unity of effort means coordinating among those organizations which are not in the same chain of command for inter agency operations.
Answer:
Fixed cost = constant term i.e 50
Variable cost = 
Explanation:
Data provided in the question:
Total Cost: TC = 
here q is an individual firm's quantity produced
Demand QD = 160 − 4P
here P is the price and Q is the total quantity of the good
Now,
The Total cost = Fixed cost + Variable cost
here, Fixed is constant, while the variable cost varies with number of quantities being produced
Thus,
from the total cost function, we have
Fixed cost = constant term i.e 50
Variable cost =
