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3 years ago

7

Assume that in the short run a firm is producing 100 units of output, has average total costs of $200, and has average variable

costs of $150. The firm's average fixed costs are________.
A. $5,000
B. $500
C. $50
D. $0.5

1 answer:

Virty [35]3 years ago

3 0

Answer:

The correct answer is

A. $5,000

good luck ❤

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Suppose that over the last twenty-five years a country's nominal GDP grew to three times its former size. In the meantime, popul

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Answer:

B. It increased, but it less than doubled

Explanation:

Real GDP per person is defined as the total economic output divided by the total number of people. It is used in roughly indicating the standard of living.

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Answer:

a) 2.02%

Explanation:

Dividend yield = Cash dividend per share / Market price per share

Dividend yield = $0.58 / $28.75

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If Abrams Company has an inventory turnover of 7.3 and a receivables turnover of 9.6, approximately how long is its operating cy

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Answer:

It is 16.9

Explanation:

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Hence, Operating cycle = 7.3+9.6

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The United States and many other countries often impose trade sanctions on other countries. These sanctions A. tend to decrease

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Answer:

The correct answer is option D.

Explanation:

Sanctions can be defined as penalty levied on other countries or citizens of other countries. There are a number of trade sanctions such as

Tariffs
Quotas
Non-tariff barriers
Embargoes

These trade sanctions affect both the sanctioning country as well as the sanctioned country. The imposition of trade sanctions on a country affects exports of the country. As the producers are able to supply less, there will be a reduction in producer surplus.

The imports for the consumers in the sanctioning country will decline. There will be less choice for them. This will cause a reduction in consumer surplus.

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3 years ago

Farrow Co. expects to sell 150,000 units of its product in the next period with the following results. Sales (150,000 units) $ 2

BabaBlast [244]

Answer:

Accept

Explanation:

The computation of the combined total net income is shown below:

Normal Volume Additional Volume Total

Sales $2,250,000 $180,000 $2,430,000

(15,000 × $12)

Costs and expenses:

Direct materials $300,000 $30,000 $330,000

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Overhead $150,000 $22,500 $172,500

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Incremental income (loss) from new business $589,500 $3,000 $592,500

Therefore, the company should accept the offer

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