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maksim [4K]
3 years ago
14

The average total cost of producing electronic calculators in a factory is $30 at the current output level of 220 units per week

. If fixed cost is $735 per week, then what is the firm's variable cost? (enter answer as just a number, no commas, dollar signs, or the like)
Business
1 answer:
pochemuha3 years ago
7 0

Answer:

The variable cost (related to the production volume) will be 5,865 in total per week (220 units)

or 26.66 per unit

Explanation:

220 units x 30 dollar total unit cost =  6,600

the total cost is compose of both, variable and fixed cost so we have to subtract the fixed cost to arrive to the variable cost.

total cost = fixed + varible

total - fixed = variable

6,600 - 735 = 5,865

The variable cost are 5,865 in total

while: 5,865 / 220 = 26,66 per unit

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Carol is interested in field engineering. What tasks would she have to perform as a field engineer?
Over [174]

Answer:

Field engineer duties usually include inspecting and installing equipment and new technologies, directing crews or workers on site, conducting research, and reporting on project status. Field engineers will make sure that everything works smoothly and engineering designs are being followed.

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3 0
3 years ago
If Farmer Brown plants no seeds on his farm, he gets no harvest. If he plants 1 bag of seeds, he gets 5 bushels of wheat. If he
klasskru [66]

Answer: d. the production function is unrelated to the marginal product.

Explanation:

production function helps show the relationship between the quantity of inputs used in producing a goods or service and the quantity of output it produces. Example; a bag of seeds produces 5 bushels of seeds.

While marginal output is an increase in the output of the product, when input is when input is constant.

In this case production is in to marginal product.

3 0
3 years ago
In Ireland, a pint of beer costs 2.2 Irish pounds. In Australia, a point of beer costs 4 Australian dollars. If the nominal exch
AnnZ [28]

Answer:

.91 pints of irish beer per pint of Australian beer

Explanation:

As we know that

The exchange rate of

1 AUD = 0.5 pound

Now

In Ireland, 1 beer cost = 2.2 pound

And, in Australia, 1 beer cost = 4 AUD

As 1 AUD = 0.5 pound

so 4 AUD is

= 0.5 × 4

= 2

Now the exchange rate is

= 4 AUD beer cost ÷ 1 beer cost in Ireland

= 2 ÷ 2.2

= 0.91

hence, the real exchange rate is 0.91

7 0
3 years ago
True or false: Under the specific charge-off method, a deduction for a bad debt is taken when the debt is determined to be worth
larisa [96]
<span>it is true that under the specific charge-off method, a deduction for a bad debt is taken when the debt is determined to be worthless. </span>
5 0
3 years ago
Consider the following three bond quotes; a Treasury note quoted at 87.25, and a corporate bond quoted at 102.42, and a municipa
r-ruslan [8.4K]

Answer:

              Total market value of the bonds:  6,972.2

Explanation:

The "quote" will be the percent of the face value at which the title is currently  trading.

We will multiply each quoted by the face value to get the market value in dollars:

1,000 x  87.25/100     =     875.5

1,000 x 102.42/100    =   1,024.2

5,000 x 101.45/100    =   5,072.5

              Total             =  6,972.2

6 0
3 years ago
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