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34kurt
3 years ago
7

A firm has a fixed cost of $500 in its first year of operation. When the firm produces 100 units of output, its total costs are

$4,500. The marginal cost of producing the 101st unit of output is $300. What is the total cost of producing 101 units
Business
1 answer:
VARVARA [1.3K]3 years ago
5 0

Answer:

$4,800

Explanation:

At 100 units output

Fixed cost= $500

Total cost=$4,500

At 101 units output

Fixed cost=$500

Fixed cost remains constant during production process

Marginal cost= $300

Total cost(101 units)= TC(100 units) + marginal cost of 101 units

= $4,500+$300

TC(101 units)= $4,800

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iogann1982 [59]

The company would have 12,247 subsidiary accounts.

<h3>What is a credit?</h3>

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Companies or institutions grant credit facilities to encourage their customers plan for their business and then pay back later.

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Learn more about credits here : brainly.com/question/9913263

4 0
2 years ago
When a country imposes tariffs, it is likely to cause
bearhunter [10]

Answer:

lower prices for domestic production

Explanation:

tariffs means

more tax on imports so

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A. increased quantities of imports?

if imports are more expensive because of tariffs and

if people buy less

then there would NOT be

increased quantities of imports

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3 0
2 years ago
Read 2 more answers
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GrogVix [38]

Answer:

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Explanation:

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Money multiplier = 1 / reserve requirement

1/0.05 = 20

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GuDViN [60]
C: software

in most countries, there are four primary types of intellectual property (IP) that can be legally protected: patents, trademarks, copyrights, and trade secrets.

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3 years ago
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ser-zykov [4K]
It acts as the Currency
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