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STatiana [176]
2 years ago
8

Suppose that for a particular firm the only variable input into the production process is labor and that output equals zero when

no workers are hired. In addition, suppose that when four units of output are produced, the total cost is $175, and the average variable cost is $33.75. What is the fixed cost of the firm?
Business
1 answer:
ella [17]2 years ago
8 0

Answer: $40

Explanation: Cost can be defined as the total resources of several forms used by the firm for the production of output. Cost can further be categorized into two parts fixed cost and variable cost. The cost that remains unchanged irrespective of the level of output is called fixed and the one that change with the level of output is called variable cost.

Therefore,

cost = fixed cost  + variable cost

$175 = fixed cost + ($33.75 * 4 )

fixed cost = $175 - $135

               = $40

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Answer:

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If a household's income rises by 30%, its budget constraint will A) shift out parallel to the old one. B) pivot at the Y-interce
aliina [53]

Answer:

A

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Prince​ electronics, a manufacturer of consumer electronic​ goods, has five distribution centers in different regions of the cou
marin [14]

Answer:

$378,000

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What is the most frequently reported relational maintenance strategy?
inna [77]
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What is the effect of an accrued expense (such as salaries expense) adjustment on the income statement and the balance sheet?
CaHeK987 [17]

Answer: A. Expenses are increased

B. Net income is reduced

E. A liability (such as salaries payable) will be increased.

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The effect of an accrued expense such as salaries expense adjustment on the income statement and the balance sheet is that there'll ba na increase in expense. Also, there'll be an increase in liability such as the salaries payable. Since there is an increase in liability, thus will bring about a reduction in the net income.

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2 years ago
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