Answer: Average unit cost=$5.800 per unit
Cost of Ending inventory =$3,190
Explanation:
Average unit cost
First purchase= 650 units x $4=$2,600
Second Purchase=750 units x $6 =$4,500
Third Purchase= 850 units x $7 = $5,950
Total Cost = $13,050
Average unit cost = Total cost/ number of units =13,050/(650+750+850)= 13,050/2250= $5.8 per unit
Cost of Ending inventory = 550 unts at hand x $5.8 =$3,190
(using the average cost method)
Answer:
We cannot say with a certainty that the market price of paper would fall
equilibrium quantity falls and there is an indeterminate effect on equilibrium price
Explanation:
As a result of the regulation, the supply of paper would reduce. this would lead to a leftward shift of the supply curve. Price increases and quantity falls
As a result of the technological advances, the demand for paper reduces. this would lead to a leftward shift of the demand curve. Price and quantity falls
Taking these two effects together, equilibrium quantity falls and there is an indeterminate effect on equilibrium price
Answer:
b. diminishing marginal productivity.
Explanation:
Economies of scale means that as total output increases, the average total cost per unit decreases. This continues until a point where marginal costs will start to increase as well as average total cost per unit. In other words, marginal productivity decreases as total output increases, and at one point it will become negative.
Answer:
Advocacy.
Explanation:
making a case for a perspective, a change in belief, or a particular action. Argument. an assertion (a claim) supported by evidence, expert opinion, data, or a logical chain (grounds)
Classical conditioning, in psychology, is when you are self-conditioned by an active stimulus. This means that your perspective on a thing is influenced by how people respond to it. In this case, many people would watch a blockbuster action movie. Depending on how it was used, people will be curious and tend to think that that flavored water must be really delicious based on how the actor responded to it.