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:
Use a budget to live within your means and build saving
Explanation:
Taking loans in engaging in capital projects are not to be discouraged,but the opinion or the fear of the masses is, if such loans could be paid back or the lender will be forced to apply foreclosure on your assets.
Through living within your means and with a healthy and well planned saving budget,all borrowed money will be definitely paid back to the lender .
Answer:45 percent
Explanation:
saving account before transfer=$7870
Saving account after transfer=7870+6456=14326
Percentage increase=(14326-7870)/14326 x 100
Percentage increase=6456/14326 x 100
Percentage increase=0.45 x 100
Percentage increase=45
Answer:
credit interest receivable200. debit interest revenue 200
Explanation:
Answer:
The correct answer is letter "E": cash flow from operations less cash used to purchase fixed assets to maintain productive capacity.
Explanation:
Free cash flow or FCF is the money available for investors and creditors after subtracting the operational expenditures and investments from the sales of a company. FCF is not the same as net income because FCF does not include non-cash expenses but FCF considers capital investments and expenses. FCF could reflect more changes compared to the net income.