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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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Called the clients and cancelled jobs

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However after sometime the non-compete clause is no longer binding.

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Janice has two sons, Jerry and Barry. Janice is responsible for picking out what cereal Jerry and Barry will eat. Her husband, H
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Answer: Decider

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3 years ago
While JIT systems have many benefits, they:______.
Fiesta28 [93]

Answer:

Option A

Make the logistics function more complicated

Explanation:

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5 0
3 years ago
Read 2 more answers
Greater air pollution from car production leads to increased rates of asthma and infant mortality, imposing costs on the rest of
Arada [10]

Answer:

2 more cars will be produced in the market equilibrium versus the social optimum. The right answer is a.

Explanation:

According to the given data we have the following:

demand for cars is given by the function P = 75 − 3q

private costs are given by the function P = 10 + 2q

75 − 3q= 10 + 2q

Therefore, 65=5q

q=13

P=36

Therefore, socially optimal number of cars is 13.

To calculate How many more cars will be produced in the market equilibrium versus the social optimum, we have to calculate the following:

social cost=10+2q+10

=20+2q

75 − 3q=20+2q

55=5q

q=11

P=20+2(11)=42

Therefore, Qm-Qs=13-11

Qm-Qs=2

2 more cars will be produced in the market equilibrium versus the social optimum

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2 years ago
When the economy is experiencing an expansionan expansion automatic stabilizers will​ cause:
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Answer:

The transfer payments to decrease and tax revenues to increase.

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An automatic stabilizer is a fiscal policy tool that is used to correct the fluctuations in the economy through its normal working without any further government intervention. In case of expansion it increases taxes and reduces government spending.  

An increase in the tax rates will increase the tax revenues of the government. At the same time, a reduction in government spending will decrease the transfer payments paid by the government.  

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3 years ago
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