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goblinko [34]
3 years ago
10

7) Suppose AVC = $113 when the firm produces 515 units of output. Then the firm's fixed cost amounts to a) $5,500, and its profi

t amounts to $20,375. b) $5,980, and its profit amounts to $25,750. c) $5,750, and its profit amounts to $20,375 d) $6,180, and its profit amounts to $25,750.
Business
1 answer:
Elenna [48]3 years ago
4 0

Answer:

d) $6,180, and its profit amounts to $25,750.

Explanation:

At output 515, average variable cost is $113

VC = AVC * Q

     = $113 x 515

     = $58,195

TC = ATC * Q

     = $125 x 515

     = $64,375

Now calculate for Fixed Cost

Total Cost (TC) = VARIABLE COST (VC) + FIXED COST (FC)

FC = TC - VC

     = $64,375 - $58,195

     = <u>$6,180</u>

Calculate for profit

Profit = TR - TC

         = $90,125 - $64,375

         = <u>$25,750</u>

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Define ethics, and describe the role that it plays in discretionary decision making. Give an example.
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Explanation:

Ethics can be defined as the study of the behaviors that guide human behavior, that is, society is developed through a set of moral behaviors that define its values ​​and its conception of which human behaviors and attitudes are positive or negative. Ethics then emerges as the standardization of these behaviors and moral values, it is a code of conduct for positive actions by man in society in all areas of life.

In discretionary decisions, in which there is a possibility of interpretation by the legislators, ethics appears as a normative instrument for the conduct of decisions, being a guide for the legislator to decide for what will have greater ethical value and benefits for society.

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A trading arrangement that eliminates most or all barriers to trade among participating nations and utilizes common barriers to
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Answer:

preferential trade agreement

Explanation:

This agreement is known as a preferential trade agreement. It is called this because it tends to make it easier for specific goods to be traded but only to the countries that are part of the group and/or agreement. This agreement also makes it harder for countries that are not part of the agreement to be able to trade with the countries that are in order to maintain the countries within the agreement trading with each other.

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Which of the following provides the best explanation for how consumer credit can exacerbate inequality?
Flura [38]

Answer:

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Explanation:

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1 year ago
A person who produces work in the vernacular is one who
balu736 [363]
Writes in their own language as used colloquially.
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3 years ago
You make $10.25 per hour. You have 7.5% of your total pay taken out of your check for your 401K retirement plan. How much will b
Lera25 [3.4K]

The amount that will be taken off the pay check for the 401k retirements plan given all the criteria indicated above is $38.82 (Option D)

<h3>What is the computation justifying the above?</h3>

Given:

Pay Per Hour: $10.25

Bonus: $15.375‬ for every hour worked over forty hours.

Total Hour worked: 47 Hours

Percentage deductible: 7.5%

Total Pay thus =

(40 *10.25) + (7 *15.375)

= $517.625

Total 401 K deduction thus, =

7.5% * 517.625

401K Deduction total = $38.82

Learn more about 401k retirements plan:
brainly.com/question/2908111
#SPJ1

Full Question:

You make $10.25 per hour. You have 71/2% of your total pay taken out of your check for your 401K retirement plan. How much will be taken out for your 401K if you work 47 hours this week? You get paid time-and-a-half for all hours over 40.

Select one:

A. $36.13

B. $69.02

C. $54.20

D. $38.82

E. $14.35

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2 years ago
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