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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.

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The role of a labor union is to
Rashid [163]

Answer:

the answer is c

Explanation:

7 0
3 years ago
Read 2 more answers
Palmer Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an ann
Bas_tet [7]

Answer:

25%

Explanation:

Accounting rate of return =( Net income from investment ÷ Cost of investment ) × 100

Net income from investment = $100,000

Cost of investment = $400,000

Required rate of return = ($100,000 / $400,000 ) × 100

= 0.25 × 100

= 25%

7 0
2 years ago
scenarios as examples of elastic, inelastic, or unit elastic demand. When Ruko, a device used to stream movies at home, increase
kenny6666 [7]

Answer:

Elastic demand

Unit elastic demand

Inelastic demand

Explanation:

Elasticity of demand measures the degree of responsiveness of quantity demanded to changes in price.

Elasticity of demand = percentage change in quantity demanded/ percentage change in price.

Denand is elastic if when price is increased, the quantity demanded changes more than the increase in price. Quanitity demanded is more sensitive to changes in price.

If price is increased, the quantity demanded falls and as a result the total revenue earned by sellers falls.

The elasticity of demand is usually greater than 1 when demand is elastic.

Demand is unit elastic if a change in price has the same proportional change on quantity demanded. The coefficient of elasticity is equal to one.

If price is increased, the quantity demanded changes by the same proportion so there's no change in total revenue of sellers.

Demand is inelastic if a change in price has little or no effect on quantity demanded.

Coefficient of elasticity is usually less than one.

If price is increased, there is little or no change in the quantity demanded and as a result the revenue earned by sellers increase.

I hope my answer helps you

3 0
3 years ago
Sharon is unhappy with her job as a salesperson at a retail store for many reasons. Yesterday a customer asked her where the sha
postnew [5]

Answer:

<u>Customer satisfaction.</u>

Explanation:

Customer satisfaction is an extremely relevant factor for a company as it can directly influence the success or failure of a business.

The whole experience that the customer will have with your company will influence their perception and decision to re-establish relationships with the organization. The company should pay attention to the set of determinants responsible for customer satisfaction, the product must meet their needs, service and service should be cordial and optimized to clarify doubts and assist in the process of purchase and customer loyalty.

So on that issue, an employee like Sharon will negatively impact customer satisfaction, which has not been answered and badly answered. What the organization can do to improve this cycle is to invest in employee training and motivational policies that help increase job satisfaction and thereby increase customer satisfaction.

6 0
3 years ago
The farm security administration gave loans to tenant farmers so that they could
Evgesh-ka [11]

Answer:

Purchase farms

Explanation:

The Farm Security Administration (FSA) was a New Deal agency created in 1937 to combat rural poverty during the Great Depression in the United States.

The FSA stressed "rural rehabilitation" efforts to improve the lifestyle of very poor landowning farmers, and a program to purchase submarginal land owned by poor farmers and resettle them in group farms on land more suitable for efficient farming.

The FSA resettled poor farmers on more productive land, promoted soil conservation, provided emergency relief and loaned money to help fanners buy and improve farms. It built experimental rural communities, suburban "Greenbelt towns" and sanitary camps for migrant farmworkers.

4 0
2 years ago
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