Average total cost is minimized at 10 units of output.
As per the relationship between the two, at such a point average cost is the lowest and after that, from the next unit onwards it starts rising.
<h3>By marginal cost, what do you mean?</h3>
The term "marginal cost" describes the rise in manufacturing costs brought on by the creation of more product units. A different name for it is the marginal cost of production. Businesses may evaluate how volume produced affects cost and, eventually, profitability by calculating the marginal cost.
<h3>What does "total average cost" mean?</h3>
The average total cost is calculated by dividing the total cost of production by the total output. In other words, the average cost is the sum of the firm's total fixed and variable costs divided by the sum of the units it produces.
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Answer:
a.Contingency
Explanation:
The Contingency theory of leadership is a theory that establishes that a leader is successful when the style used fits the situation. This theory states that the best leadership style is the one that best adapts to the context. So, the Gore company more than likely adheres to the contingency theory of leadership because their leaders are not chosen but emerge according to the project they are working on and by other employees.
This video illustrates that Kohl’s is addressing retail segmentation and targeting by <u>b) personalizing its </u><u>retail offering</u><u> </u>to meet the different needs of different types of customers.
<h3>What is retail segmentation and targeting?</h3>
Retail segmentation and targeting is the process by which a company:
- Identifies its potential customers.
- Chooses the customers to pursue.
- Creates value for the targeted customers.
Retail segmentation and targeting is achieved through the segmentation, targeting, and positioning (STP) process.
<h3>Answer Options:</h3>
a) advertising on different cable channels to reach different types of customers.
b) personalizing its retail offering to meet the different needs of different types of customers.
c) doing all of the above.
d) releasing different clothing lines for Millennials, Gen Xers, and Boomers.
e) concentrating only on Boomers as they represent the largest and most lucrative generational segment.
Thus, the video illustrates that Kohl’s is addressing retail segmentation and targeting by <u>b) personalizing its </u><u>retail offering</u><u> </u>to meet the different needs of different types of customers.
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Answer:
Overstatement of Assets and liabilities.
Explanation:
Collection of cash results in journal entry of debiting cash with corresponding credit to accounts receivable thus reducing the accounts receivable.
Erroneous credit to accounts payable instead of accounts receivable results in overstatement of assets and liabilities.
