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
Virty [35]
3 years ago
10

Which of the following expressions is correct? Select one: a. marginal cost = (change in quantity of output)/(change in total co

st) b. average total cost = total cost/quantity of output c. total cost = variable cost + marginal cost d. average variable cost = quantity of output/total variable cost
Mathematics
1 answer:
Natasha_Volkova [10]3 years ago
3 0

Answer:

b. average total cost = total cost/quantity of output

Step-by-step explanation:

The marginal cost is the additional cost of producing one more unit of output and it can be calculated by taking the change in total cost and dividing it by the change in quantity, its formula is:

  • <em>Marginal cost = change in total cost/ change in quantity</em>

The average total cost (sometimes referred to simply as average cost) is total cost divided by the quantity of output, its formula is:

  • <u><em>Average total cost = total cost / quantity of output</em></u>

The total cost is obtained adding together the fixed costs and the variable costs, its formula is:

  • <em>Total cost = fixed cost + variable cost</em>

The average variable cost is obtained when variable cost is divided by quantity of output, its formula is:

  • <em>Average variable = variable cost / quantity of output</em>

I hope you find this information useful and interesting! Good luck!

You might be interested in
A driver starts his parked car and within 7 seconds reaches a velocity of 75 m/s as he travels west. What is his acceleration?​
Otrada [13]

Answer:

21

Step-by-step explanation:

jfnvjfog'nearg

5 0
3 years ago
Read 2 more answers
I NEED IT ASAP HWHAHAHA
vova2212 [387]
Answer: 19/100
explanation: it has a 19% chance so it is 19/100
4 0
3 years ago
A cake recipe calls for 4.5 deciliters of milk. How many liters of milk is needed for the recipe?
Bad White [126]
0.45 liters. I need twenty characters
5 0
3 years ago
Read 2 more answers
How do u turn 67÷100 into a fraction need help plz
Deffense [45]

Answer:

67/100

Step-by-step explanation:

67÷100 Divide the numbers

0.67 then move the decimal point to the right

6.7 *10 this will give you the fraction

3 0
3 years ago
Audrey gave a 0.90 tip to a waitress for serving a meal costing $6.00. what percent of the bill was her tip?
maw [93]

Answer:

<u>15%</u> percent of the bill was her tip.

Step-by-step explanation:

Given:

Audrey gave a $0.90 tip to a waitress for serving a meal costing $6.00.

Now, to find the percent of the bill was her tip.

The bill was = $6.00.

The tip she gave = $0.90.

Now, to get the percent of the bill was her tip:

\frac{The\ tip}{The\ bill}\times 100

=\frac{0.90}{6.00} \times 100

=0.15\times 100

=15\%.

Therefore, 15% percent of the bill was her tip.

7 0
3 years ago
Other questions:
  • The error in the equation
    5·2 answers
  • Which ordered pairs are solutions to the equation?
    11·1 answer
  • Anton bought a picnic cooler. His total bill, with tax, was $7.95.
    6·1 answer
  • I'm confused on this one ??
    14·1 answer
  • Mr. Case is placing boxes along one of the walls in his attic. If the wall is 11 1⁄3 feet long and each box is 2 1⁄2 feet long,
    15·1 answer
  • Derive the equation, in the<br> form y = mx, for the line. (Look at the photo!)
    9·1 answer
  • CORRECT ANSWER GETS BRAINLYEST Drag each set of coordinates to the correct location on the table. Not all sets of coordinates wi
    9·2 answers
  • Which polynomial function of lowest degree with rational real coefficients
    15·1 answer
  • A quadrilateral has two angles that measure 222° and 81°. The other two angles are in a ratio of 6:13. What are the measures of
    5·1 answer
  • Answer pls and ill give you brainlliest
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!