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Tju [1.3M]
3 years ago
14

The Wacky Widget company has total fixed costs of $100,000 per year. The firm’s average variable cost is $10 for 10,000 widgets.

At that level of output, the firm’s average total costs equala. $10 b. $100c. $150 d. $15
Business
1 answer:
Mama L [17]3 years ago
5 0

Answer:

$20

Explanation:

Average total cost (AC) equals summation of average variable cost (AVC) and average fixed cost (AFC). Average fixed cost is calculated by division of total fixed cost (TFC) by number of widgets (N)

AC=AVC+AFC= AVC-TFC/N = $10+ $100,000/10,000 = $20

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Explanation:

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The best sampling strategy which we can use is stratified random sampling because it is not much costly and also it induces the efficiency . We can me different strata according to the 4 brands , then we can randomly select participants for the sample.

  • Stratified random sampling is a method of probability sampling in which a researcher divides the entire population into multiple homogeneous groups known as strata and then he randomly select an sample members from each strata for research .
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Expatriates who are citizens of neither an employer's parent country nor the foreign nation where they are residing and working
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7 0
2 years ago
In functions of business, what is an example of management?
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Sunk costs and decision making Rajiv has plans to go to a play and already has a $50 nonrefundable, nonexchangeable, and nontran
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4 years ago
Assume that Horicon Corp acquired 25% of the common stock of Sheboygan Corp. on January 1 for $300,000. During the year Sheboyga
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Answer:

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