<u>Yes, absolutely.</u>
The Civil Rights Act of 1964, which finished isolation in broad daylight puts and prohibited work segregation based on race, shading, religion, sex or national inception, is viewed as one of the delegated authoritative accomplishments of the social liberties development. First proposed by President John F. Kennedy, it survived solid restriction from southern individuals from Congress and was then marked into law by Kennedy's successor, Lyndon B. Johnson.
To derive net domestic product (NDP) from gross domestic product (GDP), we must subtract depreciation from GDP.
Depreciation is the reduced value of an asset over time, wear and tear on the asset. Cars, machines, equipment are examples of items that depreciate over time.
Answer:
Yes $30 agsinst $19.50
The variable cost for the first 50 untis is $17.50
Yes $30 against $27.25
average variable cost for the first 100 units $26.25
Marginal cost for the first 50 units: 17.50 which is lower than marginal revenue
from 51 units and subsequent untis: 35 which is higher than marginal revenue
It will produce 50 units achieving $525 of profit
Explanation:
$100 fixed cost /50 units + 17.50 = 19.50 average cost
selling price: $30
100 fixed cost + 17.50 x 50 + 35 x 50 = 2725
total cost 2,725 / 100 units = 27.25 unit average cost
selling price $30
($17.50 x 50 + $35 x 50)/100 = 26.25
After the 50untis our profit will decrease as the marginal revenue is lower than marginal cost thus, we stuop production at the 50 units:
50 x 30 - 100 fixed cost - 17.50 x 50 variable cost = 525 profit
