I believe that the correct answer would be A?
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:
4. Bonds
Explanation:
Bonds are debt instruments used by corporates and governments to raise capital. Bonds are long-term sources of capital for a business and government and also an investment option to investors.
When the government or corporate issues bonds, they promise to pay the principal amount when the bond matures. Maturity ranges from 5 to 30 years. The bond issuer also commits to pay interest on regular intervals until the bonds mature. The interest to be paid is based on the coupon rate or interest rate as specified by the bond.
LLC stands for limited liability company.LLC is private limited company<span> in which the ist members cannot be held personally liable for the company's debts or liabilities</span><span>
Typical, day-to-day decision making in a manager-managed LLC is performed by </span>the managing members.
Answer: people tend to take more risks if they do not have to bear the costs of their behavior
Explanation:
Moral hazard is a form of reckless behavior by an individual who doesn't directly bear the cost of the reckless behavior.
Moral hazard takes several forms like the examples of : polluting waters with chemicals, throwing refuse into drainage, mismanagement of public amenities.
