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
mezya [45]
3 years ago
6

Consider a firm that has fixed costs of $300. The firm also faces a marginal cost of $600 for producing the first unit of output

, $200 for producing the second unit, and $100 for producing the third unit. What is the average total cost of producing three units of output?
Business
1 answer:
Neko [114]3 years ago
6 0

Answer: $400 per unit

Explanation:

The total cost of producing all three units is:

= Fixed cost + marginal costs

= 300 + 600 + 200 + 100

= $1,200

The average total cost is:

= 1,200 / Number of units

= 1,200 / 3

= $400 per unit

You might be interested in
Which is true among the following statements on visualization?
Mila [183]

Answer:

d. All people respond better to visual information than text.

Explanation:

  • Visualization refers to an image of an object, situation or event, or any chart in the human mind. Visualization is the creation of a mental image of an object, image or situation in one's mind.
  • Visualization is important in providing creative ideas to customers. It helps users understand the message. Humans respond and process visual data more appropriately than other data.
  • The human brain processes images faster than texts, and most of the information transmitted to the brain is visual. Therefore, people respond better to visual information than text.
5 0
3 years ago
On March 1, 2020, the Teal Company received a $45,000 payment for annual magazine subscriptions (the subscriptions run from the
bulgar [2K]

Answer:

The company has incorrectly credited the sales revenue account at the time of the receipt of payment. So, the  journal entry to record the transaction is as follows:

Date               Particulars                            Debit          Credit

March 1, 20    Sales Revenue A/c           $45,000

                             To Unearned Sales Revenue A/c   $45,000

                       (To record Unearned sales revenue)

5 0
3 years ago
Yani just graduated from college and moved back to his hometown in Connecticut. He is offered a job at the large insurance firm
user100 [1]

Answer:

With Yani's counter-wage offer, the insurance firm will likely reject his counter-offer and, in the extreme, withdraw the employment proposal with the firm.

Explanation:

As indicated in the question, the insurance company is a monopsony.  A monopsony is the single buyer in the marketplace.  This means that there is no other firm that can employ Yani in his Connecticut hometown.  He must look for another job in another environment outside his hometown or condescend to accept the lower than hoped-for salary by the large insurance firm.

7 0
3 years ago
Which is the most accurate definition of body language?
boyakko [2]

Answer:

b

Explanation:

b

4 0
2 years ago
Read 2 more answers
Ramon is a very balanced task and relation-oriented leader. which type of leadership does ramon have?
lilavasa [31]

Ramon is a very balanced task and relation-oriented leader. Ramon has behavioral leadership.

Theories of leadership explain how and why specific individuals become leaders.

They emphasize the character characteristics and actions that people might adopt to improve their leadership skills.

According to the behavioral leadership hypothesis, a leader's effectiveness is determined by their behavior rather than by their inherent qualities.

According to the behavioral leadership theory, a leader's responses to a particular scenario should be observed and evaluated.

According to this belief, leaders are created, not born.

According to this theory's proponents, anyone who can learn and apply specific characteristics can become an effective leader.

Hence, Ramon is a very balanced task and relation-oriented leader. Ramon has behavioral leadership.

Learn more about Leadership:

brainly.com/question/1232764

#SPJ1

3 0
2 years ago
Read 2 more answers
Other questions:
  • Under normal conditions (75% probability), financing plan a will produce $25,000 higher return than plan
    9·1 answer
  • On june 8, smith technologies issued a $75,000, 6%, 140-day note payable to johnson company. what is the due date of the note?
    8·2 answers
  • The AFN equation assumes that the ratios of assets and liabilities to sales remain constant over time. However, this assumption
    8·1 answer
  • Ou invested $4,500 in a project which gave you a return of 14.1% the 1st year. You were quite happy, but the 2nd year wasn't as
    8·1 answer
  • g The Ricardian equivalence states that if the government cuts taxes without changing current or future expenditure then: a) hou
    12·1 answer
  • Sheen Co. manufacturers laser printers. It has outlined the following overhead cost drivers: Overhead Costs PoolCost DriverOverh
    8·1 answer
  • If a corporation is found guilty of committing a crime and assessed a fine, who typically ends up being punished?
    13·1 answer
  • Ferrari is well known as a brand of luxury sports cars; accordingly, it has leveraged its brand name to introduce clothing offer
    5·1 answer
  • The Utah Mining Corporation is set to open a gold mine near Provo, Utah. According to the treasurer, Monty Goldstein, "This is a
    14·1 answer
  • How can technology affect the international business?​
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!