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KonstantinChe [14]
3 years ago
12

When marginal costs are below average total costs, a. average fixed costs are rising. b. average total costs are falling. c. ave

rage total costs are rising. d. average total costs are minimized.
Business
1 answer:
hoa [83]3 years ago
3 0

Answer:

The correct answer is option b. average total costs are falling.

Explanation:

When marginal cost is below average total cost, average total cost will be falling whereas the average cost will be rising when the marginal cost is above average total cost.

A firm is highly productive and efficient when the average total cost is the lowest. At this point, the average total cost is also equal to the marginal cost i.e.

Average Total Cost (ATC) = Marginal Cost (MC).

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When originally purchased, a vehicle costing $23,040 had an estimated useful life of 8 years and an estimated salvage value of $
Novosadov [1.4K]

Answer:

$5,360

(not given in the options)

Explanation:

Depreciation is the systematic allocation of cost to an asset based on estimates. It is given as

Depreciation = (cost - salvage value)/useful life

When originally purchased, a vehicle costing $23,040 had an estimated useful life of 8 years and an estimated salvage value of $1,600

Annual depreciation = ($23,040 - $1,600)/8

= $2,680

After 4 years

Accumulated depreciation = 4 × $2,680

= $10,720

The net book value then

= $23,040 - $10,720

= $12,320  

Since the asset's total estimated useful life was revised from 8 years to 6 years and there was no change in the estimated salvage value

New depreciation = ($12,320  - $1,600)/2

= $5,360

The depreciation expense in year 5 equals $5,360

8 0
2 years ago
What are debit memoranda?
Kazeer [188]

Answer:

I believe the answer is reductions

Explanation:

The adjustments made to the account reduce the funds in the account but are made for specific purposes and used only for adjustments outside of any normal debits.

7 0
3 years ago
How is your hat a representation of your leadership skills? (Take your time)
levacccp [35]

Answer:Not the kind that people might laugh at or that might smoosh your hair, ... Change Agent. ... The best leaders put on their delegator hat willingly and strategically to ... With the right environment, resources, skills and knowledge,

Explanation:

8 0
2 years ago
Suppose that​ Roots' marginal cost of a jacket is a constant ​$100.00 and the total fixed cost at one of its stores is ​$1 comma
Nesterboy [21]

Answer:

What is this​ store's average total cost of a jacket sold before the advertising begins and after the advertising begins.

before advertising costs increase:

marginal cost is constant, so we can state that the total variable costs are $100 per jacket

total fixed costs = $1,000 per day / 15 jackets = $66.67 per jacket

average total cost per jacket before increasing advertising expense = $100 + $66.67 =) $166.67

after advertising costs increase:

total variable costs are $100 per jacket

total fixed costs = $2,000 per day / 55 jackets = $36.36 per jacket

average total cost per jacket after increasing advertising expense = $100 + $36.36 =) $136.36

Can you say what happens to the price of a Roots​ jacket, Roots'​ markup, and​ Roots' economy?

Roots is experiencing economies of scale since average total cost per jacket decreased as the total number of jackets sold increased. But in order to sell that new amount of jackets, their price probably decreased. If the price hadn't changed, then the profit maximizing number of jackets sold per day would be close to 30, but it clearly isn't. That means that the company's markup decreased, but the company is now better off since it is maximizing its profits even though its expenses increased and the markup decreased.

8 0
2 years ago
According to bartlett and ghoshal, how should firms from developing countries approach international expansion?
lapo4ka [179]

According to bartlett and Ghoshal, They suggest that companies should use the entry of foreign multinationals as an opportunity to learn from these competitors by benchmarking their operations and performance against them.

A company is a legal entity formed by a group of individuals to conduct and operate a commercial or industrial business. A company may be organized in various ways for tax and financial liability purposes, depending on the corporate law of its jurisdiction.

A company means a legal entity or legal entity established under the Companies Act. It may be a limited or unlimited company, a private or public company, a limited liability company or company with share capital, or a company of common interest.

corporation means a company, partnership, association, corporation, trust, foundation, or organized group of individuals, whether incorporated or not, which (in its official capacity), Recipient, or similar officer or processor. Purpose of the above.

Learn more about the company here: brainly.com/question/24448358

#SPJ4

3 0
2 years ago
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