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
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

You might be interested in
The Bawl Street Journal costs $580, payable now, for a 2-year subscription. The newspaper is published 252 days per year (5 days
elena-s [515]

Answer:

The effective annual rate of interest is "10.38%".

Explanation:

The given values are:

Nominal annual interest rate,

Q = 10%

i.e.,

   = 0.10

Quarterly compounding,

q = 4

Now,

The effective annual rate of interest will be:

=  [{1 + (\frac{Q}{q} )}^q] - 1

On substituting the given values in the above formula, we get

=  [{1 + (\frac{0.10}{4} )}^4]  1

=  [(1 + 0.025)^4] - 1

=  (1.025)^4-1

=  1.10381289 - 1

=  0.10381289

On converting it into percentage, we get

=  10.38%

8 0
2 years ago
Carroll Corporation has two products, Q and P. During June, the company's net operating income was $25,000, and the common fixed
Firlakuza [10]

Answer:

Option (d) is correct.

Explanation:

Total Segment Margin = Net Operating Income + common fixed expenses

                                       = $ 25,000 + $ 37,000

                                       = $ 62,000

Total Segment Margin = Segment Margin of Q + Segment Margin of P

$ 62,000 = $ 21,000 + Segment Margin of P

or Segment Margin of P = $ 62,000 - $ 21,000

                                         = $ 41,000

4 0
3 years ago
Julio receives utility from consuming food​ (F) and clothing​ (C) as given by the utility function . In​ addition, the price of
AleksandrR [38]

​Julio's marginal rate of substitution equals is: 0.38, which is the price of food divided by the price of clothing.

<h3>Marginal rate of substitution</h3>

Using this formula

Marginal rate of substitution=Price of food/Price of clothing

Let plug in the formula

Marginal rate of substitution=$3 per unit/$8 per unit

Marginal rate of substitution=0.375

Marginal rate of substitution=0.38 (Approximately)

Therefore ​Julio's marginal rate of substitution equals is: 0.38, which is the price of food divided by the price of clothing.

Learn more about  marginal rate of substitution here:brainly.com/question/13401044

#SPJ1

6 0
1 year ago
Which ethical approach typically focuses on the attainment of fair and equitable distribution of economic goods and services?
SVETLANKA909090 [29]

Answer:Social justice theory

Explanation:Social justice is a concept which encourages fair and just relationship in terms of how wealth, opportunities are distributed amongst society and individuals.

It encourages that no one shall be deprived of equal access to certain resources and thatg everyone must get their share and thatt shall not be taken away from them.

4 0
3 years ago
Timothy wants to cut costs in his company to increase the profitability of production. Which tactic should Timothy utilize to cu
Oksanka [162]

Answer:

A

Explanation:

5 0
3 years ago
Other questions:
  • In terms of usage, about ____________ of all energy in the U.S. is consumed by the transportation sector, ____________ by indust
    15·1 answer
  • What actions could employers and government take to encourage saving in society?
    12·1 answer
  • Applying the time-period concept
    11·1 answer
  • One year ago, JK Mfg. deposited $20,500 in an investment account for the purpose of buying new equipment four years from today.
    13·1 answer
  • Tom is teaching jenny how to ice skate. both skaters, who are about the same size, are on the ice and wearing their skates. to h
    7·1 answer
  • Rodriguez Corporation issues 6,000 shares of its common stock for $96,000 cash on February 20. Prepare journal entries to record
    13·2 answers
  • When looking to finance higher education, what is the best order to look for funding sources
    12·1 answer
  • Which best describes why investing can be such a challenge?
    11·2 answers
  • Panuto: Buuinangmgasalita. Punan ng tamang letra ang bawat kahonupangmabuoangtamangsalita.Isulatangsagotsaiyongsagutangpapel.
    13·1 answer
  • Suppose you are a manager of a firm that operates in a duopoly. Recently, the state attorney general fined you and your competit
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!