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Anarel [89]
4 years ago
14

Suppose that for a particular firm the only variable input into the production process is labor and that output equals zero when

no workers are hired. In addition, suppose that when four units of output are produced, the total cost is $175, and the average variable cost is $33.75. What would the average fixed cost be if ten units were produced?
a. $135b. $4c. $40d. $10
Business
1 answer:
Lera25 [3.4K]4 years ago
6 0

Answer:

Total variable cost if 4 units were produced

= $33.75 x 4 units = $135

Total fixed cost = Total cost - Total variable cost

Total fixed cost = $175 -$135

Total fixed cost = $40

Average fixed cost = Total fixed cost/No of units

Average fixed cost = $40/10 units

Average fixed cost = $4

The correct answer is B

Explanation:

In this case, we need to calculate the total variable cost on the ground that 4 units were produced. Then, we will determine the total fixed cost by deducting the total variable cost from total cost. Finally, we will divide the total fixed cost by 10 units in order to obtain the average fixed cost.

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When the partners of a business develop an arrangement whereby should one of them die or become permanently disabled, the other
Studentka2010 [4]

Answer:

Business Continuation Plan

Explanation:

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In general business Continuation plan guides against potential threats to a company. It ensures personnel and asset are protective and able function quickly in the case of disaster. In this situation, the potential threat against the company is the death of a partner and the method used in protecting the company is by fixing a price for a partner to by the other partner's interest should in case one dies.

4 0
4 years ago
The external competitiveness of an organization's pay relative to elsewhere in the industry is measured by its ________. Group o
Helga [31]

Answer:

B) incorporate the unique demands of different cultures

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To be effective, an employee involvement program must ________.

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3 years ago
Colombo Enterprises has a defined benefit pension plan. At the end of the reporting year, the following data were available: beg
iVinArrow [24]

Answer:

Option D. $10,000 is the correct answer.

Explanation:

Journal Entry for pension expenses:

Pension Expense                                  $10,000

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(To record pension expenses)

Pension expenses for the year ended is comprised of the following components of pension cost.

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Interest cost                                            $6,000

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Pension expenses                                  $10,000

3 0
3 years ago
Mister Jones was selling his house. The asking price was​ $220,000, and Jones decided he would take no less than​ $200,000. Afte
Nonamiya [84]

Answer:

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So,  in this case,  to get consumer surplus ,  we have to know the price that Mister Smith was willing to pay and the price he actually paid.  We only have the price he paid and we don't know how much he was willing to pay.

Then ,  we are not able to calculate consumer surplus with the information given.  

8 0
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