Answer:
the private cost of the 10,000th gallon is $2.25
Explanation:
The computation of the private cost is shown below:
Private marginal cost is
= Social marginal cost - External cost
= $3.5 - $1.25
= $2.25
hence, the private cost of the 10,000th gallon is $2.25
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
The correct answer here is B) average cost must be increasing.
Explanation:
Here for finding out whether the average cost would increase or decrease , we have to see the relationship between average cost and marginal cost , where if marginal cost is less than average cost than the average cost would decrease ,and when the average cost is less than marginal cost that means the average cost would increase. Here as per given information-
Average cost = Total cost / Quantity
where Total cost = Fixed cost + Variable cost
Total cost = 600 + 100
= 700
Average cost = 700 / 20
= 35.
So here the marginal cost is greater than average cost that , means the average cost will be increasing.
Answer: See explanation
Explanation:
Triton Consulting Income Statement For the Year Ended April 30, 20Y3:
Fees earned 279000
Less: Expenses:
Salary expenses = 242000
Supplies expenses 1650
Depreciation expense. 900
Miscellaneous expenses 2000
Total expense = 246550
Net income 32450
Triton Consulting Balance Sheet April 30, 20Y3
Assets
Current assets
Cash 21500
Account receivable 51150
Supplies 750
Total current asset = 73400
Property, plant and equipments
Office equipment 32000
Accumulated Depreciation 5400
Total property,plant and equipment = 26600
Total asset = 100,000
Liabilities
Current liabilities:
Account payable: 3350
Salary payable: 2000
Total liabilities = 5350
Stockholders equity
Common stock 20000
Retained earnings 74650
Total stockholders equity = 94650
Total liability and stockholders equity = 100,000
Depending on the state or country you live in if you have been convicted of a crime
<span>Let the number of calories from lunch be called L. As such, breakfast is then L + 128, and dinner is 2L - 400. We can then sum the three meals and equate it to the total caloric intake, the known value of 1932.
So:
1932 = L + L + 128 + 2L - 400 = 4L - 272.
Lunch = 551
Breakfast = 551 + 128 = 679
Dinner = 2*551 - 400 = 702</span>