Answer: 2
Explanation: $2.7 million divided by $1.35 million is 2.
A firm that produces units of output using capital and labor to determine its total costs will decline by doing so, the firm will evaluate its:<u> Marginal cost Function .</u>
<u></u>
Option C is correct .
Marginal cost is the change in cost due to producing on excess unit of affair. To determine how big its total cost decline, the establishment will estimate its marginal cost function.
<h3>
Marginal cost function :</h3>
Marginal cost represents the gradual costs incurred when producing fresh units of a good or service. It's figured by taking the total change in the cost of producing further goods and dividing that by the change in the number of goods produced.Marginal cost is calculated as the aggregate charges needed to manufacture one fresh good. thus, it can be measured by changes to what charges are incurred for any given fresh unit.<u> Marginal Cost</u><u> = Change in</u><u> Total Charges ÷</u><u> Change in volume of Units Produced.</u>
Question is incomplete ,missing option is given below :
Consider a firm that produces units of output using capital and labor. Due to changes in market conditions, it has decided to reduce its daily output from 5 units to 4 units. To determine how much its total costs will decline by doing so, the firm will evaluate its: Group of answer choices
A.marginal product function
B.average product function
C.marginal cost function
D.average total cost function
E.average variable cost function
Learn more about Marginal cost function :
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Answer:
wool purchased = 140,000 yards
Explanation:
given data
wool in each blanket = five yards
production budget = 30,000 blankets
beginning inventory = 30,000 yards
Ending inventory = 20,000 yards
wool costs = $10
to find out
How many yards of wool should Comfy purchase
solution
we get first production in yards that is
production in yards = 30,000 × 5
production in yards = 150,000
and
wool purchased will be
wool purchased = production - ( beginning inventory - Ending inventory)
wool purchased = 150,000 - ( 30000 - 20000 )
wool purchased = 140,000 yards
Answer:
Beckman noncontrolling interest in subsidiary income $10,520
Calvin Machine (net of accumulated depreciation) $71,200
Explanation:
To calculate noncontrolling interest in subsidiary's income;
Revenue $65,550
Expenses $39,250 (29,250 + $6,800 + $3,200)
Net Income $26,300
Noncontrolling percentage = 40%
NonControlling Income = $10,520
Depreciation of Machine = 
= 6,800 per annum
Amortization of trade secrets = 
Amortization of trade secrets = 
= 3,200
Consumers and business in the market economy seek to earn money so they can buy products so that they don't go out of business.
