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
maw [93]
3 years ago
15

Average fixed costs a. are defined as the change in total costs divided by the change in output. b. will always increase as outp

ut increases. c. will always decrease as output expands. d. will remain unchanged as output expands.
Business
1 answer:
iVinArrow [24]3 years ago
7 0

Answer:

Option (c) is correct.

Explanation:

Average fixed costs is determined by dividing the total fixed costs by the amount of output produced.

For example:

Total fixed cost = $5,000

Number of units initially produced = 100 units

Therefore, the average fixed cost at 100 units is calculated as follows:

\frac{Total\ fixed\ cost}{Ot\ produced}

=\frac{5,000}{100}

= $50 per unit

Now, suppose the number of units produced increases from 100 units to 200 units. Then, the average fixed cost is calculated as follows:=\frac{Total\ fixed\ cost}{Ot\ produced}

=\frac{5,000}{200}

= $25 per unit

Therefore, we can conclude that as the output of a particular firm increases, as a result the average fixed cost decreases.

You might be interested in
When using enigma process data, it collects, cleans, organizes, integrates and analyzes the data. As a result, what is it doing?
Anna [14]

The enigma process data is doing a data acquisition when its collects, cleans, organizes, integrates and analyzes the data.

<h3>What is a data acquisition?</h3>

A data acquisition refers to the process of digitizing data from the environment so that its can be displayed, analyzed, and stored in a computer.

Hence, the enigma process data is doing a data acquisition when its collects, cleans, organizes, integrates and analyzes the data.

Read more about data acquisition

<em>brainly.com/question/25564215</em>

4 0
2 years ago
The Groom company has 50,000 shares of $10 par value common stock outstanding when it declares a dividend of $1 per share. What
laiz [17]

Answer:

B) Debit: Cash Dividends 50,000 Credit: Dividends Payable - Common Stock 50,000

Explanation:

At the time of declaration of dividends the proper journal entry should be:

  • Dr Retained Earnings 50,000
  • Cr Dividends Payable - Common Stock 50,000

You can use the Cash Dividends account, which is a temporary account, although it's not the best option. This account is used only when companies have not been making a profit before (retained earnings = 0), or for new companies.  

Since no payment is done, the cash account is not affected (eliminating options A, C and D).

Dividends Payable is a liability account and since it increases, it should be debited.

Cash Dividends is a temporary equity account that is debited once the company declares the dividend distribution.

3 0
3 years ago
Max works 40 hours per week as a tire store manager. If he made $25,480 last year, how much was he paid per hour?
Sergeeva-Olga [200]
To figure this out, we need to write down some rules/formulas.
Max works 40 hours per week. There are 52 weeks within a year. He made $25,480 last year, and now we're looking for how much he made per hour.
Since we have 52 weeks in a year, divide 25,480 by 52 to get how much he made per week. Once we do that, divide that quotient by 40 to get how much he made per hour.
25,480/52 = 490.
He made $490 per week, but now we must divide by 40 to get how much he made per hour, since we have 40 hours.
490/40 = 12.25
Max made $12.25 per hour.
I hope this helps!
3 0
3 years ago
Kyle would increase his consumption of turkey sandwiches from 7 to 9 per week if their price fell from $6 to $4. This illustrate
Brilliant_brown [7]

Kyle would increase his consumption of turkey sandwiches from 7 to 9 per week if their price fell from $6 to $4. This illustrates the idea of<u> the law of diminishing marginal utility.</u>

The introductory economics textbook Principles of Economics was written by N. Gregory Mankiw, a professor of economics at Harvard.

As of 2020, there have been nine editions since its initial release in 1997. Prior to the book's publication, there was debate over the substantial advance author Greg Mankiw received from publisher Harcourt.

More than a million copies have now been sold, bringing in at least $42 million for Mankiw.

Mankiw made the decision to donate the textbook royalties he had been collecting from his students to charity after hearing their concerns about the cost.

Principles of Economics is the required text for introductory courses in American economics departments.

It is the "most commonly used economics textbook," according to its current publisher Cengage.

To learn more about Principles Of Economics here

brainly.com/question/17195696

#SPJ4

3 0
1 year ago
Cavan Company prepared the following reconciliation between book income and taxable income for the current year ended December 3
nadezda [96]

Answer:

b. $80,000

Explanation:

The computation of the deferred portion of its provision for income taxes should be given below:

= $300,000 ÷ 3  years

= $100,000

Now

= 30% of $100,000 + 25% of $100,000 + 25% of $100,000

= $30,000 + $25,000 + $25,000

= $80,000

Therefore the option b is correct

5 0
2 years ago
Other questions:
  • Each state heavily regulates the insurance industry. <br> a. True<br> b. False
    10·1 answer
  • Which of the following statements is true about a short term aggregate supply curve?
    11·1 answer
  • Neue Inc reports net income of $500,000; during the year, the company declared $100,000 in preferred stock dividends and had an
    14·1 answer
  • When Hertz Rent-a-Car decides to expand its fleet, several companies as well as consumers will be involved. Financial services w
    6·1 answer
  • Stephen, chief financial officer of Pluto Inc., is considered to be a very organized and disciplined leader by his employees, th
    11·1 answer
  • What does the inflation rate indicate?
    9·1 answer
  • Các yếu tố ảnh hướng đến chất lượng<br> , yếu tố quan trọng . Tại sao ?
    10·1 answer
  • Select the financial statement on which the user would most likely find the answer to the question given. (Select all that apply
    6·1 answer
  • Sheridan, Inc. is a calendar-year corporation whose financial statements for 2020 and 2021 included errors as follows: Year Endi
    6·1 answer
  • The following happened in a recent M&amp;A transaction:
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!