Answer:
ATC=4
Explanation:
To calculate Average Total Cost,
Start by finding the quantity Q, which is the number of units the company is producing.
Q=10
Average Variable Cost = Variable cost/Qty
10/10=1
Find out the average total cost using the equation. i.e Average Total Cost = Average Fixed Cost (AFC) + Average Variable Cost (AVC)
ATC=AFC+AVC
ATC=3 + 1
ATC=4
When you buy a U.S. government savings bond, you're doing so under the power given to Congress to "<span>b. regulate commerce." Regulating commerce will help you be able to understand the flow and process of the country's economy at the same time your business' security.</span>
Answer:
Less; more; more.
Explanation:
Depreciation can be defined as a process in which the monetary or financial value with respect to an asset decrease or falls over time as a result of wear and tear.
This ultimately implies that, depreciation is a process which typically involves the general fall in the value of an asset such as currency, plant equipment or machinery etc over a specific period of time.
Basically, in a floating exchange rate system, a fall or decline in the value of a currency with respect to another currency is generally referred to as currency depreciation.
As the dollar price of a foreign currency (for example, dollars per yen) decreases, foreign goods will be less expensive, more foreign goods will be purchased, and more foreign currency will be demanded.
<em>Hence, if the currency of a foreign country is depreciating, this should stimulate import (more foreign goods will be purchased) because these foreign goods will become relatively less expensive as a result of a fall or decline in the currency and vice versa. </em>
Answer:
It is more convenient to continue processing.
Explanation:
Giving the following information:
Grace Co. can further process Product B to produce Product C. Product B is currently selling for $60 per pound and costs $38 per pound to produce. Product C would sell for $95 per pound and would require an additional cost of $13 per pound to produce.
To determine the convenience of further processing we need to calculate the contribution margin:
CM= selling price - unitary variable cost
Product B= 60 - 38= 22 per unit
Product C= 95 - 38 - 13= 44 per unit
Answer:
Firms differ in fundamental ways because each firm possesses a unique bundle of resources
Explanation:
The resource-based view can be regarded as managerial framework utilized in finding strategic resources that can be exploited by a firm so that sustainable competitive advantage can be achieved. It should be noted that the underlying premise of the resource-based view is that Firms differ in fundamental ways because each firm possesses a unique bundle of resources