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Sunny_sXe [5.5K]
3 years ago
5

Krista's dry-cleaning business incurs $900 per month in fixed costs. Last month her total output was 3,000 pounds of clothes. Th

is month her total output fell to 2,700 pounds. This means her average fixed cost _____ by a little more than _____ cents.
Business
1 answer:
nikdorinn [45]3 years ago
3 0

Answer:

increased; 3.33 cents

Explanation:

Fixed cost is cost that doesn't vary with unit produced. It remains constant

Average fixed cost = Fixed cost/ output

Average fixed cost last month = $900 / 3000 = $0.3

Average fixed cost this month = $900 / $2700 =$ 0.333

Average fixed cost this month ($0.333) is greater than Average fixed cost last month by $ 0.333 - $ 0.3 = $ 0.033 = 3.33 cents

I hope my answer helps you

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You are an underwriter for abc insurance .you received a life insurance proposal for medical insurance with premium payment.the
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An existing partner wants to contribute property having a basis less than its FMV for an additional interest in a partnership. a
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The common stock of the C.A.L.L. Corporation has been trading in a narrow range around $95 per share for months, and you believe
miv72 [106K]

Answer:

The price of 3 months call option on stock is 8.03.

Explanation:

Acording to the details we have the following:

P = Price of 3-months put option is $6

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Hence, to calculate what must be the price of a 3-month call option on C.A.L.L. stock at an exercise price of $95 if it is at the money, we have to use the formula from put-call parity.

C=P+So-<u>     X    </u>

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The price of 3 months call option on stock is 8.03

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