1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tanzania [10]
3 years ago
6

Answer the following questions​ (a) at zero output level if total cost is​ $100 what will be values of total variable cost and t

otal fixed costs​ (b) At 4 units of output values of total fixed cost and total variable cost are​ $100 and​ $65 respectively. What are values for total​ cost, average total​ cost, average fixed cost and average variable​ cost?
Business
1 answer:
mr_godi [17]3 years ago
4 0

Answer:

(a) Total fixed cost is equal to $100, while total variable cost is equal to $100.

(b) Total cost = $165; Average total cost = $41.25; Average fixed cost = $25; and Average variable cost = $16.25

Explanation:

A fixed cost is a cost that does not change as the output changes. It is usually incurred before production starts and it continues to be incurred when there is a production stoppage. It includes cost on plant and machinery, building, etc.

A variable is a cost that changes as output changes. It is not incurred when there is a production stoppage. It includes cost of material and labour.

Based on this we can answer the question as follows:

(a) at zero output level if total cost is $100 what will be values of total variable cost and total fixed costs

At zero output level, fixed cost is equal to total cost. Therefore, total fixed cost is equal to $100.

At zero output level, no variable cost will be cost. Therefore, total variable cost is equal to $100.

(b) At 4 units of output values of total fixed cost and total variable cost are $100 and $65 respectively. What are values for total cost, average total cost, average fixed cost and average variable cost?

Total cost = Total fixed cost + Total variable cost = $100 + $65 = $165

Average total cost = Total cost/Units of output = $165/4 = $41.25

Average fixed cost = Total fixed cost/Units of output = $100/4 = $25

Average variable cost = Total variable cost/Units of output = $65/4 = $16.25 .

You might be interested in
How much money do a bank make daily
ZanzabumX [31]

On savings accounts, banks make money by paying depositors virtually no interest. Most major banks pay an interest rate of only 0.01% on their savings accounts. And then they use the money customers deposit to make loans at much higher rates. So, we are basically giving interest-free loans to banks. and by the end of the year they will have over a million dollars.

8 0
3 years ago
The measurement of the Aggregate Supply
Anvisha [2.4K]

Answer:

C; Average Price Level

Explanation:

Here, we want to get what is on the label of the y-axis

The aggregate supply curve is simply a plot of the average price level against the real GDP( gross domestic product)

From this definition, we can see that we have the average price level on the y-axis and we have the real GDP on the x-axis

3 0
3 years ago
The yield to maturity is always equal to the interest payment of a bond. <br> a. True <br> b. False
ella [17]
A. True, Yield to Maturity or called YTM is a measure of your annualized return if a bond, or all the bonds in a fund, are held to maturity.
3 0
3 years ago
Sheridan sells softball equipment. On November 14, they shipped $5000 worth of softball uniforms to Culver Middle School, terms
ehidna [41]

Answer:

ywwwee

Explanation:

gniuqoejwgkd[lA

8 0
3 years ago
Name one alternate option to establish credit if you are unable to get a credit card.
Alinara [238K]

Answer:

Explanation:

Its letstute.

Hopes it help you thanks

6 0
3 years ago
Other questions:
  • Who may give opinions concerning the status or validity of title to real estate?
    13·1 answer
  • Determinants of market interest rates
    15·1 answer
  • A company produces 100 cars in the year 2017 but only manages to sell 90 of the cars. In the year 2018 they sell the 10 cars tha
    8·1 answer
  • Which is not capital?
    14·1 answer
  • Provide examples of experimental and nonexperimental research design. contrast the levels of control applied to each.
    10·1 answer
  • Mary-Jo owns a theater. She purchased a new computer to run the accounting software and lighting for the theater. The computer c
    13·1 answer
  • WRITE A IMPORTANT SENTANCE ABOUT EACH PARAGRAPH AND NUMBER IT PLS AND ILL GIVE YOU BRAINLIEST....DONT RESTATE THE SENTANCES
    15·1 answer
  • Suppose a stock had an initial price of $50 per share, paid a dividend of $.80 per share during the year, and had an ending shar
    10·1 answer
  • Book-tique sells second hand books from a stall that is situated in a local market. Each book has a selling price of £1.75. Last
    14·1 answer
  • An account that earns intrest and is used to to meet financial goals is a
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!