Answer:
A. average total cost is rising.
Explanation:
Whenever marginal cost is more than average cost it means it costs more to produce a unit now compared to the average cost of the previous units. Lets assume that a company produces 3 units of a good.
The first unit costs $1
The second unit costs $2
The third unit costs $3.
The average cost is (1+2+3)/3=2
Now if the marginal cost for producing a unit is more than the average cost for example if the marginal cost is 4, then this will mean that average total cost is rising. we can mathematically check this.
The first unit costs $1
The second unit costs $2
The third unit costs $3.
The fourth unit costs $4
Average cost= (1+2+3+4)/4=10/4=2.5
Here we see that the average cost increased from 2 to 2.5 because marginal cost was greater than average cost.
Answer:
A. $29,000
B. $19,720
C. $69,000
$34,500
Explanation:
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
($138,000 - $22,000) / 4 = $29,000
Unit of activity = Cost of asset - Salvage value) / Total working hours
= ($138,000 - $22,000) / 10000 = $11.6
$11.6 × 1700 = $19,720
Double declining method = Depreciation factor × net book value
Depreciation factor = 2 × (1/useful life)
2(1/4) = 0.5
0.5 × $138,000 = $69,000
Net book value = $138,000 - $69,000 = $69,000
Depreciationexpense for the second year = 0.5 × $69,000 = $34,500
I hope my answer helps you
Answer:
True
Explanation:
The equity theory was developed by Stacy Adams in 1965. It deals with how the employees feel about their jobs and if they believe they are being paid fairly. It states that employees believe that different jobs that require similar skills, abilities, responsibilities and working conditions, should be paid the same amount. If employees believe that they are not being paid fairly, they will lose motivation and their productivity will lower to match the corresponding salary. In other words, if an employee believes he is not getting paid enough for his work, will start to work less to match the actual payment.
Explanation:
Why?
It measures the sum of all goods and services manufactured within a country's boundaries over a particular period of time. Economists can use GDP for assessing the rise or contraction of an economy. Stakeholders can use GDP to determine acquisitions, which suggests lower profit and lower stock values in a bad economy.
How?
One way analysts calculate economic performance is by looking at a commonly used overall output indicator called the gross domestic product (GDP). GDP is characterized as the market value, in a given year, of all economic products and services.
Answer:
a. reserves provide the Fed a means of controlling the money supply
Explanation:
