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Alex_Xolod [135]
3 years ago
15

Output Total Cost 0 $24 1 33 2 41 3 48 4 54 5 61 6 69 Refer to the above data. The average fixed cost of producing 3 units of ou

tput is: Hint: Look at the fixed cost of producing 0 units of output
Business
1 answer:
3241004551 [841]3 years ago
8 0

Answer:

$8

Explanation:

Fixed cost is the cost that does not vary with output. It is the cost incurred even if output it zero - if no unit of output is produced.

fixed cost = average fixed cost x output

The fixed cost is $24. this is the cost incurred when output is zero

Average fixed cost = $24/3 = $8

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By definition, empirical probability is equal to:
lidiya [134]

By definition, empirical probability is equal to C. Number of successful trials/Total number of trials.

<h3>What is an empirical probability?</h3>

It should be noted that empirical probability simply means a experimental probability that is based on historical data.

In this case, by definition, empirical probability is equal to the number of successful trials divided by the total number of trials.

Learn more about empirical probability on:

brainly.com/question/16972278

#SPJ1

7 0
2 years ago
Greta is concerned that one of the potential market segments she has identified for her dog grooming service is too small and ha
Mars2501 [29]

Answer: substantial

Explanation:

From the question, we are informed that Greta is concerned that one of the potential market segments she has identified for her dog grooming service is too small and has too little income to have sufficient buying power.

The above analysis shows that Greta is concerned with whether the substantial segment. A segment is said to be substantial when the said segment is big and therefore should be worth targeting and the members of this particular segment should have buying power.

4 0
4 years ago
Gladys Peel owns a 50% interest in the capital and profits of the partnership of Peel and Poe. On July 1, 2019, Peel bought land
melamori03 [73]

Answer:

$50,000

Explanation:

Data provided in the question:

Interest owned by Gladys Peel in the capital and profits of the partnership  = 50%

Fair market value = $10,000

Value of the land acquired = $16,000

Partnership's net income = $94,000

Loss recorded = $6,000

Now,

The loss must be separately passed through to partners as it is a Sec. 1231 loss.

Therefore,

Partnership ordinary income = $94,000 + $6,000

= $100,000

Hence,

Peel's distributive share of ordinary income from the partnership for 2019

= 50% of Partnership ordinary income

= 0.50 × $100,000

= $50,000

8 0
3 years ago
What is the difference between hazard insurance and homeowners insurance
MariettaO [177]

Answer:

The difference between the two is that Hazard insurance can cover you and or protect you against "structural damage caused by natural disasters".

Meanwhile Homeowners insurance is "a financial protection against theft"...

So, long story short,

Hazard insurance=protection from natural disasters (structural damage)

Hazard insurance=protection from natural disasters (structural damage)Homeowners insurance=protection against theft and damage to your home and belongings

I hope this helped!!

6 0
3 years ago
Who is in Kohlberg's conventional level of moral reasoning? a. Linda, whose moral reasoning is based on the approval of other pe
stepan [7]

Answer:

Option A is the correct answer - Linda, whose moral reasoning is based on the approval of other people

Explanation:

In stage three of Kohlberg's theory of moral development, the individual (such as Linda, mentioned in the question) set out to do the things that are considered “right” because it is good, not only for the family, but also for the school, church or peer group.

This stage, often known as the "good boy/good girl" stage, has morality, often spelt out as acting in conformity to what the social group general requires to be right and moral.

7 0
3 years ago
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