COMPLETE QUESTION:
The statements and equations below show various ways of defining average variable cost, marginal cost, and average total cost. Below, TC is used to abbreviate total cost, VC is used to abbreviate Variable cost, and Q is used to abbreviate quantity. Classify each statement or equation according to whether it describes average variable cost, marginal cost, or average (total) cost.
Average Variable Cost Marginal Cost Average (Total) Cost
The amount by which total cost increases when an additional unit is produced
Total cost divided by quantity of output
Change in the total cost divided by change in output
VC / Q
The sum of all costs that change as output changes divided by the number of units produced.
TC / Q
ΔTC/ΔQ
Answer and Explanation:
Marginal Cost is the value by which total cost increases when more units are produced.
Marginal Cost = VC / Q
Average Variable Cost is the cost per the quantity of output. It is the difference in the Total Cost per change in output.
Average Cost is the addition of all costs that change due to changes in output per the number of units produced.
TC / Q= Variable Cost
ΔTC/ΔQ= marginal cost
Answer:
59 Payments
Explanation:
Future value = $20,175
Monthly payment= $310
Interest rate= 4%/12 = 0.3333% per month
How many payments will you have made when your account balance reaches $20,175?
Now we use Ms Excel to calculate the number of payment
Number of payment = N(FV, -PMT, I/Y)
Number of payment = N(20,175
, -310
, 0.3333%)
Number of payment = 58.9989
Number of payment = 59.
Answer: 1. Declaration Date
2. Payment Date
3. Holder-of-record date
4. Ex-dividend date
Explanation:
1. On the Declaration Date, the company's Director announces that they will pay a dividend as well as the amount of the dividend. This is recorded in the books by crediting it to Dividends payable.
2. On Payment day the dividends are disbursed amongst shareholders. Cash Account is credited and Dividends Payable is debited.
3. The Holder-of-record day is the day the company notes who the owners of it's stock are so that they may receive the dividend.
4. On the Ex-dividend date which is usually 2 days before the record date, any stock bought on or after this date will.not receive any Dividend payment.
Answer: Employee involvement
Explanation:
Hi, employee involvement occurs in workplaces where the employees make decisions that affect their own work, they participate directly to help the organization reaching its objectives. They suggest and apply work-related ideas that also improve their own motivation.
These types of activities are common in flat organization structures.
Feel free to ask for more if needed or if you did not understand something.
FALSE
All animals do not have the same capacity for language as humans. Only apes have the ability to understand symbolic language. But no other animal has any capacity as given in the statement
