1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Crank
3 years ago
8

The total cost of producing a given level of output is:____.

Business
1 answer:
Sholpan [36]3 years ago
6 0

Answer:

The total cost of producing a given level of output is:____.

d. minimized when the ratio of marginal product to input price is equal for all inputs.

Explanation:

With the above situation, the marginal cost (input price) = the marginal revenue (marginal product).  The producer can then maximize profit if it can lower its average total cost per unit below the marginal cost for producing one additional unit of its product.  In all cost situations, it is better for the producer to have the total revenue exceeding the total costs, at all times, but more especially with increasing production.

You might be interested in
Optimizing economic agents use the real interest rate when thinking about the economic costs and returns of a loan. Suppose the
Elan Coil [88]

Answer:

10.45 %

Explanation:

Please see attachment

4 0
3 years ago
Nathanial Drummond has three different insurance policies. He has been injured in an accident and has incurred $30,000 in medica
marysya [2.9K]

<span>The answer is D. Major medical insurance.</span>

This usually covers all healthcare including prescription medicine and out-patient costs and even other services like physical therapy and mental health. Unlike basic health care, this kind of insurance sets a limit on your medical expenses, even if you have very costly treatment.

6 0
3 years ago
Read 2 more answers
Saving money is a(n) ____________________, because it involves less consumption in the present, but the ability to consume more
Leto [7]
The correct answer is an <span>Intertemporal<span> choice.

</span></span><span>Saving money is an </span>Intertemporal choice.<span> because it involves less consumption in the present, but the ability to consume more in the future. Its a personal choice which people make accordingly depending on their needs, money and time.</span>
5 0
4 years ago
One of the most important features of the franchise contract is the provision related to
DanielleElmas [232]
The right answer for the question that is being asked and shown above is that: "a. the sale or transfer of the franchise to a government entity." One of the most important features of the franchise contract is the provision related to <span>a. the sale or transfer of the franchise to a government entity.</span>
6 0
3 years ago
Brian wants to conduct an online search with a certain phrase. He intends to use the words business strategies that were adopted
12345 [234]

he should type the whole phrase into a search engine and have quotation marks

6 0
4 years ago
Read 2 more answers
Other questions:
  • A recent report indicated that families in a certain country typically spend about $175 per week on groceries. To investigate wh
    6·1 answer
  • Compute the Work-in-Process transferred to the finished goods warehouse on April 30 using the following information:
    10·1 answer
  • Gabriela took out a five-year fixed-rate loan from a bank so that she could purchase a car. Over the life of the loan, the infla
    6·2 answers
  • Where should essential oils be placed for use in tandem with steam treatments?
    5·1 answer
  • A small self-service store that is open long hours and carries a narrow product assortment in convenient locations is best descr
    6·1 answer
  • In France, fine dressmaking and tailoring have been a tradition predating Queen Marie Antoinette. Cloth manufacturers, design sc
    13·1 answer
  • for a manufacturing company that set a strategic goal to reduce waste by 15%, each division in the organization can use the ____
    13·1 answer
  • A résumé should be only one or two typed pages.<br> True or False
    15·2 answers
  • A firm charges each customer the highest price that customer will pay for the marginal unit under:____.
    14·1 answer
  • If a beneficiary is enrolled in a ma-only hmo and they also sign up for a pdp plan, they will be automatically dropped from thei
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!