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Keith_Richards [23]
3 years ago
6

Suppose your business operates a machine at a cost of ​$100 per day whether it is used or not plus ​$50 for each hour it is used

. Use the line drawing tool to draw the daily cost curve for this machine assuming an 8 hour day. Label the curve​ 'cost'. Carefully follow the instructions​ above, and only draw the required objects.
Business
1 answer:
Mice21 [21]3 years ago
3 0

Answer:

You can find the drawing in the attached file

Explanation:

You have fixed cost of $100 whter the machine is used or not and a variable cost of $50 for each hour used. So if you do not use de machine the cost will be $100, if the machine is used 1 hour the cost will be $150 and will increase $50 per aditional hour, until it reaches $500 ($100 + 8*50)

The drawing must have two variables, one is cost and the other is hours.

Cost start from $100 when the machine is not used and grows $50 per hour

Download xlsx
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The equilibrium price of a good in market A is $24. The current price of the good in market A is $21. At this price, a(n) ______
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Answer:

Excess supply as well as excess demand in market A

Explanation:

Equilibrium price is the price of the market, where the quantity of the goods supplied will be equal to the quantity of the goods demanded by the customers. The equilibrium price is determined by the intersect of the demand and the supply curve.

When the equilibrium price is $24, but the current price is $21, so, at this price, there would be supply and the demand in excess for the customers of the goods exist in the market A.

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Joey's first task as a new employee at a Technology firm is to write a computer program to perform a predictable task. Joey can
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Answer: Option A

       

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In the given case, joey has a wide variety of alternatives to choose to how to perform then task and the supervisor will form judgement about his work on the basis of the choices he made for the work assigned.

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QUESTION 8 of 10: Your average weekly take home wage is $615. You take a one-week paid vacation and a second week unpaid vacatio
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Answer:

$45

Explanation:

A surplus is when income exceeds expenses.

One year has 52 weeks. If one week was unpaid leave, then payments were received for 51 weeks.

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When Padgett Properties LLC was formed, Nova contributed land (value of $340,500 and basis of $85,125) and $170,250 cash, and Os
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Answer:

See the explanation below:

Explanation:

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Debit cash with $170,250

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Credit Nova's Capital account with $510,750

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