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
Mashutka [201]
3 years ago
10

When the marginal cost curve is below the average total cost curve, the average total cost must be __________. Therefore, the ma

rginal cost curve intersects the average total cost curve __________.
Business
1 answer:
mestny [16]3 years ago
4 0

Answer:

MC < AC ; AC fall . MC intersect AC at its minimum.

Explanation:

Marginal Cost is the addition to Total Cost with an additional unit of production is produced. ΔTC/ΔQ

Average Cost is the average cost per unit of output produced. TC/Q

Both the curves are U shaped curves.

Relationship between AC & MC is as undermentioned :

MC < AC ;  AC falls

MC = AC ; AC is minimum

MC > AC ; AC rise.

You might be interested in
To find all mentions of your competitor's branded hashtag within a given radius of a store you've opened up in a new city, you s
Alenkasestr [34]
<span>To find all mentions of your competitor's branded hashtag within a given radius of a store you've opened up in a new city, you should set up a geo-search stream. When you set up the geo-search stream, have it filter the hashtag and the desired radios around the stores you wish to track. Tracking this will allow the company to have more insights on their competitors. </span>
3 0
3 years ago
What is the functions of a commercial bank? Explain.
Goshia [24]

A commercial bank offers products and services such as loans, savings accounts, safety deposit boxes and mutual fund/insurance to individuals and businesses.

6 0
3 years ago
During the year (not a leap year), Anna rented her vacation home for 87 days, used it personally for 13 days, and left it vacant
Oksana_A [137]

Answer:

<u>Anna can deduct up to US$ 10,000, so she can deduct as an itemized deduction the payment of US$ 2,500 on real estate taxes she made.</u>

Explanation:

Any taxpayer can deduct real estate taxes on the federal income tax return.  For 2019, the IRS says a taxpayer can deduct up to $10,000 ($5,000 if you're married filing separately) But limits apply and you have to itemize to take the deduction.

<u>Therefore, Anna can deduct up to US$ 10,000, so she can deduct as an itemized deduction, the payment of US$ 2,500 on real estate taxes she made.</u>

6 0
3 years ago
7. Which of the following is NOT a function of money * 3 points A Unit of account B Store of value C Protection against inflatio
Nuetrik [128]

Answer:

C Protection against inflation

Explanation:

As we know that there are three functions of money i.e.

1. Unit of account

2. Store of value

3. Medium of exchange

There is only 3 functions of money that are shown above

So the protection against inflation would not be considered for the same

And, these 3 would represent the functions of money and can be treated as the unit of account, store of value and the medium of exchange

Hence, the option c is correct

5 0
3 years ago
The difference between your sales and your cost of goods sold is known as your what
Anettt [7]

Answer:

profit.

Explanation: its just right

8 0
3 years ago
Other questions:
  • Doodle inc., a renowned interior design services company, tries to increase its customer base through web presence. it regularly
    12·1 answer
  • which of the following would be the best example of a total institution? a. a mental hospital b. a private university c. a paroc
    7·1 answer
  • The reuse of one's previously published material in a new journal article is most appropriate if:
    7·1 answer
  • Suppose the economy is operating at an output of $4,000 billion. Assume furthermore that potential output is $5,000 billion and
    15·1 answer
  • Sales to customers who use bank credit cards such as mastercard and visa are usually recorded by:a. Debit to Cash and a credit t
    6·1 answer
  • Judy started a business called Music and Memories™. She recognized that music, socialization, and memory-challenging activities
    11·1 answer
  • What is the most important factor to consider when selecting a credit card if you pay the balance every month on time
    10·2 answers
  • You bought a 18-year, 7.2% semi-annual coupon bond today and the current market rate of return is 7.8%. The bond is callable in
    6·1 answer
  • 12/31/06Accounts receivable $525,000Allowance (45,000)Cash realizable value 480,000During 2007 sales on account were $145,000 an
    14·1 answer
  • The targeted skill scope strategy
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!