Answer:
C. Labor becomes more divided as workers focus on certain skills.
Explanation:
Apex- Econ
Splish Brothers Inc. issues $257,000, 10-year, 8% bonds at 99. Prepare the journal entry to record the sale of these bonds on Ma
1 answer:
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Answer: (a) $197,500
(b) $ 189,500
Explanation:
Given : The marginal cost function :
To find the cost function, we need to integrate the above function with respect to x.
Now, the additional cost incurred in dollars when production is increased from 100 units to 150 units will be:-
Hence, the additional cost incurred in dollars when production is increased from 100 units to 150 units= $197,500
Similarly, the additional cost incurred in dollars when production is increased from 500 units to 550 units :-
Hence, the additional cost incurred in dollars when production is increased from 500 units to 550 units = $ 189,500