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vodka [1.7K]
3 years ago
7

Suppose that for a particular firm the only variable input into the production process is labor and that output equals zero when

no workers are hired. In addition, suppose that the average total cost when 5 units of output are produced is $30, and the marginal cost of the sixth unit of output is $60. What is the average total cost when six units are produceda. $10
b. $25
c. $30
d. $35
Business
1 answer:
antiseptic1488 [7]3 years ago
3 0

Answer:

d. $35

Explanation:

   (1)                            (2)                                              (1) × (2)

No of units          Avg total cost   Marginal Cost   Total Cost  

5 units                      $30                        -                       $150               -                    

6 units                      $35                        $60                 $210      

Total Cost for 6 units = 150$ + $60 (marginal cost) =  $210

Average total cost = $210 ÷ 6 units = $35

Marginal cost is the change in total cost when an additional unit of output is produced.

Average total cost is the total cost per unit of output produced.

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Answer:

Depreciation 2021 = $10,000

Book Value 2021 = $35,000

Explanation:

Straight Line method charges a fixed amount of depreciation during the use of an asset.

Depreciation Charge = (Cost - Residual Value) ÷ Estimated Useful Life                

Therefore,

Depreciation 2021 = ($45,000 - $5,000) ÷ 4

                               = $10,000

Book Value = Cost - Accumulated Depreciation to date

Therefore,

Book Value 2021 = $45,000 - $10,000

                             = $35,000

6 0
3 years ago
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Sloan [31]

Answer:

<em>CONCEPT</em>

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It is known as <em>"CONCEPT"</em> in which the meanings collections are been accepted and associated with characteristics with certain objects and situations and conditions and events as well as behaviors.

<em>In this it also classifies the events and as well as objects that are carrying  similar characteristics. </em>

We can also abstract such kind of meaning with are experience of abstraction.

8 0
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Answer:

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Explanation:

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Currencies that are in more demand tend to have higher exchange rates, while those with low demand will have low exchange rate.

In this instance an increase in preference for US goods will cause an increased demand for dollars. The dollar becomes stronger against the Peso.

It will take more pesos to purchase the dollar, so equillibrum exchange rate of peso to dollar will increase.

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The answer to this question is Simple;informal
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Answer:

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