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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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Answer:

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Explanation:

The question isn't complete. The full question can be found: https://www.chegg.com/homework-help/questions-and-answers/3-plastic-steel-substitutes-production-body-panels-certain-automobiles-price-plastic-incre-q31436687

Substitutes goods are goods that can be used in place of one another. If the price of plastic increases, consumers shift to steel, its demand increases and the supply curve shifts to the right.

I hope my answer helps you

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5 An insured has four separate but identical policies written by different insurers to cover her $100,000 building. Each policy
qaws [65]

Answer:

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Explanation:

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umka2103 [35]

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