Answer:
Option (B) is correct.
Explanation:
Given that,
Average total cost of producing cell phones = $20
Current output level = 100 units per week
Fixed cost = $1,200 per week
Average total cost = (Variable cost + Fixed cost) ÷ Number of units
$20 = (Variable cost + $1,200) ÷ 100
$2,000 = (Variable cost + $1,200)
$2,000 - $1,200 = Variable cost
$800 = Variable cost
Total cost = Variable cost + Fixed cost
= $800 + $1,200
= $2,000
Average variable cost:
= Variable cost ÷ Number of units
= $800 ÷ 100
= $8
Average Fixed cost:
= Fixed cost ÷ Number of units
= $1,200 ÷ 100
= $12
Therefore, the correct answer is: Average variable cost is $8.
Answer:
$80
Explanation:
Permanent earnings are regular or constant earning, which can be expected to continue in the future. It is income earned from everyday business transactions. Permanent earnings contrast transitory earning.
Transitory are non- recurring earnings. It is not definite that they will continue in the future.
For this company, transitory transactions will be gain on the sale of land at $30,000
Permanent earnings will be sales revenues minus expenses
=$860,000 -$250,000-$10,000- $520,000
=$860,000- $780
=$80
The manager of the larger company's manager might have more to do because of the size of the company, but I believe that they would do most of the same tasks. Think of it like this: Would a Dollar General manager do more than a Microsoft manager?
Answer:
(c) Interview customers to get their opinion about the checkout process
Explanation:
Customers are those who buy goods or receive services from a business owner. Customers may sometimes not be the consumers because the customers may buy from the company and sell to other people to consume. The customers may also be the consumers at times when they consume what they bought. If customers do not buy from the business owners, they won't be consumers, thou consumers are gods in today's market and life wire of any business.Once customers are satisfied with the products and services provided to them by the company, they will continue to patronize the company and never substitute it for another company.Most companies start having problems or loose customers due to nonsatisfaction of goods and services render by the company. Therefore, interviewing the customers to get their opinion about the checkout process is the best approach for gaining more insight into the problem because they are in the best position to state why they are not patronising the company's product again.
Answer:
C. The equilibrium interest rate will rise.
Explanation:
According to the question, When the economy made the transition from the short run equilibrium to the long run equilibrium than there is a rise in the supply that results in rise in the nominal wages but the real wage would remain unchanged or constant
Therefore the option c is correct and the rest of the options are wrong
