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Alika [10]
3 years ago
14

In order to determine the average variable cost, the firm's variable costs are divided by _______________________.

Business
1 answer:
emmasim [6.3K]3 years ago
3 0

Answer:

total output.

Explanation:

for example, a company manufactures 10,000 units of A. Its total variable costs are $50,000, and its total fixed costs are $25,000.

The average variable cost = $50,000 / 10,000 = $5 per unit of A

The average fixed cost = $25,000 / 10,000 = $2.50 per unit of A

The average total cost = $75,000 / 10,000 = $7.50 per unit of A

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Businesses often spend significantly more money on creating customer access for their products/service than they spend on advert
Ksivusya [100]

Answer:

The correct answer is:

True (A)

Explanation:

Customer access strategy is a framework or a set of standards, guidelines and processes, which defines the means by which a customer and the organization can interact, and  means by which the customer has access to:

  • the relevant information needed to make purchases
  • the right logistics for the execution of a purchase

The arear of access are mainly information (value of the product, price of products, how products work) and logistics (means of getting the products, customer service on the after-purchase needs etc).

It has been studied extensively that companies are spending 3 to 4 times as much money on creating customer access than they do on advertising, this is because even if advertising is successful, the results will not be seen if customer access is not successful, and having an efficient customer access strategy can provide a competitive advantage to the producers.

5 0
3 years ago
Cardboard is an example of which type of economic resource?​
blsea [12.9K]
<h3><u>Answer</u>;</h3>

A capital resource

<h3><u>Explanation</u>;</h3>
  • Economic resources are the factors used in producing goods or providing services. That is, they are the inputs that are used to create things or help an individual to provide services.
  • <em><u>Economic resources can be divided into human resources, such as labor and management, and nonhuman resources, such as land, capital goods, financial resources, and technology.  There are four types, namely; capital, labor, land, and entrepreneurship.</u></em>
  • <em><u>Capital resources are those resources that are used to manufacture other goods and services in future.</u></em>

3 0
3 years ago
Stewart inc.'s latest eps was $3.50, its book value per share was $22.75, it had 215,000 shares outstanding, and its debt-to-ass
Vikki [24]
<span>80,000 people who traveled to the West in search of riches</span>
4 0
3 years ago
On July 14 joseph invested $12000 in a fund that was growing at 5% compound semi annually
kramer

Answer:

$12,300

Explanation:

I will assume that Joseph invested in the fund on July 14, 2013.

We have to calculate the future value to March 15, 2014 (8 months later).

since the interest is compounded semi annually, it will earn interest on January  14, 2014.

Future value = $12,000 x (1 + 2.5%) = $12,300

since the fund is going to earn interests again on July 14, 2014, the value on march 14 is the same = $12,300

5 0
3 years ago
Your company buys a car, and its value goes down over time. What is that process called?
kozerog [31]
The correct answer would be B. Depreciation
4 0
3 years ago
Read 2 more answers
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