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aliya0001 [1]
3 years ago
14

If a firm's average total cost decreases as the firm increases its output, the firm's marginal cost must be

Business
1 answer:
Arlecino [84]3 years ago
8 0

Answer:

Less than average total Cost

Explanation:

Average total cost can be estimated as

(total fixed cost as well as variable costs )/ ( total units produced). It has a great impact on how a business is going to set up the price of their products. Marginal cost is can be regarded as alteration in total cost as a result of increase in unit of quantity produced. It should be noted that If a firm's average total cost decreases as the firm increases its output, the firm's marginal cost must be Less than the average total cost

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Economics Airlines currently spends $20,000 per month in airport fees and $10,000 per flight for fuel, crew, and airplane mainte
Kamila [148]

Answer:

b. 20

Explanation:

For 5 flights per month

Total Cost = Variable cost + Fixed cost

Total Cost = Fuel, crew, and airplane maintenance cost + Airport fee

Total Cost = (5 X 10000) + 20,000 = $70,000

For 6 flights per month

Total Cost = Variable cost + Fixed cost

Total Cost = Fuel, crew, and airplane maintenance cost + Airport fee

Total Cost = (6 X 10000) + 20,000 = $80,000

Additional Cost for 6th flight = $80000-70,000 = $10,000

Minimum No. of Passenger to cover the cost = Additional cost / Ticket price per seat

Minimum No. of Passenger to cover the cost = $10,000 / $500 = 20 seats passengers.

3 0
3 years ago
If a company is located in south america, what cultural factor would explain the company's choice of a mechanistic structure?
Anika [276]

Based on movies and books I've read, I noticed that the culture in South America is big on familial love. Their family spreads not only immediately, but even to cousins after cousins. You can see them living in family compounds and they greet each other as families.

Therefore, this could be a reason for the company's choice of a mechanistic structure. This structure is about the working together of single parts to create an efficient mechanism. Thus. familial relationship is very important. They have to invest in close family ties through social events.

8 0
3 years ago
the stock of abc company has a dividend yield of 4%. the corporation has paid a dividend of $3.00 a share over the last 12 month
Nana76 [90]

Here ,Dividend yield = 4%

Earnings per share = 3

Dividend yield is calculated as follows

Dividend yield = Dividend per share / Current market price

4% = 3 / Current market price

Current market price =  34% = 75

Consequently, the current market price per share is $75

<h3>What is meant by the current market? How can I find the most recent market price?</h3>

Current Market refers to the Principal Market, as of any date of determination, on which the Parent's shares of common stock are then listed, traded, and quoted.

Check the P/E ratio and earnings per share in the company's annual report for the accounting period to get an idea of the market price for that particular date. For instance, if the P/E ratio is 20 and the company reported EPS of 7.50, the expected market price comes out to 150 per share.

To learn more about market price visit:

brainly.com/question/24179422

#SPJ4

4 0
2 years ago
Fuente, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $ 1,100 2 1,330 3 1,550 4 2,2
Gre4nikov [31]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Year Cash Flow

1 $ 1,100

2 1,330

3 1,550

4 2,290

A) i=6%

FV= PV*(1+i)^n

1= 1100*1.06^4= 1388.73

2=1330*1.06^3= 1584.05

3= 1550*1.06^2= 1742.58

4= 2290*1.06= 2427.4

Total= $7,142.76

B) i= 14%

FV= $8,453.29

C) i= 21%

FV= $9,754.38

3 0
4 years ago
In a remote village, a person used five beaver pelts to buy a bag of rice and two beaver pelts to buy a pair of shoes. For what
Svet_ta [14]

Today we have currencies to buy things, but there was an era when there were no currencies. People at that times used to exchange things to buy or sell something.

In the given case person used five beaver pelts to buy a bag of rice and two beaver pelts to buy a pair of shoes, so it is a clear indication that the person used a medium of exchange.


Hence, the correct answer is <u>C) medium of exchange</u>





3 0
3 years ago
Read 2 more answers
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