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Goryan [66]
3 years ago
11

Answer the next question on the basis of the following data. Output Total Cost 0 $24 1 33 2 41 3 48 4 54 5 61 6 69 The average f

ixed cost of producing 3 units of output is rev: 06_26_2018
A. $8.00.
B. $7.40.
C. $6.00.
D. $5.50.
Business
1 answer:
Nezavi [6.7K]3 years ago
8 0

Answer:

Option (A) is correct.

Explanation:

The average fixed cost is determined by dividing the total fixed cost by number of units produced.

Given that,

Fixed cost = $24

The average fixed cost of producing 3 units of output is:

= Total Fixed cost ÷  Number of units produced

= $24 ÷  3

= 8

Therefore, the average fixed cost of producing 3 units of output is $8.00.

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11111nata11111 [884]

Answer:

Hogan Personality Inventory

Explanation:

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It is part of the Hogan Assessment tests used to predict job performance.

6 0
3 years ago
If you invest $5,000 at the beginning of each month, howmany months will it take for your account to grow to $250,000
mr Goodwill [35]

Answer:

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Explanation:

If there is no compound interest it would be 50 Months. You would divide 250,000 by 5,000 to get the months.

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2 years ago
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3 0
3 years ago
Read 2 more answers
If the dollar contribution margin per unit is increased by 8%, total fixed expenses is decreased by 18%, and all other factors r
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Answer:

Increase

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8 0
2 years ago
Consider a portfolio consisting of only Duke Energy and Microsoft. The percentage of your investment (portfolio weight) that you
Leokris [45]

Answer:

(2) 4%

Explanation:

The portfolio is considered to be less risky if its volatility is low. The higher standard deviation the more risky is the project. For Duke Energy and Microsoft the investment portfolio required is risk free investment. To calculate the risk free rate we calculate using the formula;

Var Rp = x1 2Var R1 + x2 2Var R2 +2 x1 x2 Corr (R1, R2) SD1 SD2

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