If the average cost of producing 9 sweaters is $6. 50 and the marginal cost of producing the tenth sweater is $6. 25, the average cost of producing 10 sweaters will be less than $6.50
If marginal cost is less than average cost, average cost will decrease and therefore be less than $6.50. In this case, average cost of producing 10 sweaters is ($6.50 x 9 + $6.25)/10 = $6.48.
The marginal cost is the variation in total cost brought on by an increase in output, or the cost of producing more. In certain contexts, it might refer to an increase in output of one unit, while in others, it can relate to the rate of change of total cost as output grows by a modest amount.
The total cost is expressed in dollars, whereas the marginal cost is expressed in dollars per unit. The marginal cost is the slope of the total cost, or the rate at which it increases with production.
Marginal cost is the distinction between average cost, which is the total cost divided by the number of units produced.
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Answer:
The senior partners would obviously have more work than the paralegals. This can make work tedious for senior partners and therefore slower to carry out projects.
Explanation:
Slow rate in carrying out projects because the senior partners might need to add to their job the works of the paralegals. This will slow down work
Answer:
The correct answer is: hostile takeover.
Explanation:
A Hostile Takeover is a takeover by a bidding firm of a target company where the two parties fail to reach a purchase agreement or the target company is unable to go through with the transaction. Hostile takeovers are popular among public companies in which the shareholders -represented by the Board of Directors- are the owners.
In Texas, the second 30 days of the legislative session are
mainly reserved for the committee consideration of the bills and resolutions. Hence,
the Texas Constitution limits the duration of each special session to 30 days. Lawmakers
may consider only those issues designated by the governor I his call or proclamation
to come together in the special session.
Answer:
The amount of annual cash dividends distributed to common shareholders relative to the common stock's market value is the:
Explanation:
The amount of annual cash dividends distributed to common shareholders relative to the common stock's market value is the:
