Answer:100
Explanation:
The following information can be gotten from the question:
Cost for 10 sofas = $2500
Cost for 12 sofas = $2760.
Average Cost = Total Cost/Quantity
2500 / 10 = $250 and
$2760 / 12 = $230
The average cost for 12 sofas will be $230
Marginal cost is the change in total cost divided by the change in quantity. This will be:
= ( 2760 - 2500 )/( 12 - 10 )
= 260/2
= 130
The difference between the average cost per sofa for 12 sofas and the marginal cost of the 12th sofa will be:
=230 - 130
= 100
I believe the answer is: the opportunity cost of attending college is extraordinarily high.
People in united states had an average of 25,000-30,000 dollars worth of student loan debt by the time they finish their college And had to start from 0 again in the job market.. The opportunity cost seems to be high since you could get more than that amount if you start establishing your own businesses within the 4 years.
Answer:
reports to the CFO and is in charge of the accounting side of the business
Explanation:
The controller reports to the CFO and is in charge of the accounting side of the business.
The treasurer reports to the CFO and is in charge of the finance side of the business.
I hope my answer helps you
Asset demand varies inversely with the interest rate, since that is the price of holding idle money. Total demand for money will equal quantities of money demanded for assets plus that for transactions. At any interest rate below the equilibrium rate, there is an excess demand of money.
Answer: True
Explanation:
International businesses that has its markets and its production facilities in other countries, or a business that uses resources from other countries should understand the exchange rate system and how it works.
Different policies are pursued by the government and there's no universal exchange rate system, therefore it's vital for businesses to look at the foreign markets and their currency conversion.
