Answer:
B. 8 lawns per day.
Explanation:
As seen in the graph below, The AVC and ATC curves intersect the MC curve at the minimum of the MC curve. The marginal cost curve intersects the AVC curve to the right of the minimum of the AVC curve. It also intersects the ATC curve to the right of the minimum of the ATC curve. At first, marginal cost decreases with additional output, but then it increases with additional output. The firm’s profit-maximizing level of output will occur where MR = MC (or at a level close to that point).
Therefore, from the graph; at $16 per lawn, the maximum profit = 8 lawns per day.
Answer:
B. The June 1 at 10 and the June 2 at $15 are both sold; the July 4 unit remains in ending inventory.
Explanation:
FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold
2 units were sold. the June 1 and June 2 units would be the items sold because they were the first to be purchased according to the dates.
the ending inventory would be the the July 4 unit
OPTIONS:
A. The results of personal preferences and intertemporal budget constraints.
B. Are the negative results of change in wage levels and a higher work effort.
C. Are being off set by negative savings or less savings in other types of accounts.
D. Are the results of higher interest rate and preferences about present consumption.
Answer:C. Are being off set by negative savings or less savings in other types of accounts.
Explanation:IRAs(INDIVIDUAL RETIREMENT ACCOUNTS) are special accounts aimed at ensuring that Employees of Government agencies, corporations and other private organisations save money in accounts with special tax benefits in order to ensure a better and happy retirement.
THE CONTINUOUS INCREASE IN THE INDIVIDUAL SAVINGS ACCOUNTS CAN BE ATTRIBUTED TO IT BEING OFF SET BY THE NEGATIVE OR LESS SAVINGS FROM OTHER TYPES OF SAVINGS ACCOUNTS.
B. maybe but im only a freshman
