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drek231 [11]
3 years ago
5

Fixed cost $500 Marginal cost $10 Item sells for 30$ What is the cost function

Business
1 answer:
barxatty [35]3 years ago
7 0
Item sells for 30$ cost function
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At its current output level, Pretty Flowers Florist has average fixed costs equal to $5.40 and average variable costs equal to $
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The correct option is D: $8.60

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Average fixed cost of Pretty Flowers = $5.40

Average variable costs of Pretty Flowers = $3.20

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Average total cost Pretty Flowers = Average fixed cost of Pretty Flowers + Average variable costs of Pretty Flowers

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Average total cost Pretty Flowers = $5.40 + $3.20 = $8.60

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A variety of different savings products are offered by financial institutions. Two of the most frequently sold savings investmen
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Statement Savings Account is said to be a deposit account held by a bank where a customer can earn interest .

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In Statement Savings Account,  a good number of this said savings investment offers debit cards which allows a customer to withdraw money via an ATM Machine or through electronic transfer.

In Statement Savings Account, there may be restrictions as regards the minimum account balance.

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