Answer:
with the third doubling, the AVC = $9.11 per unit
Explanation:
The average variable cost (AVC) decreases by 10% with each doubling of cumulative output:
<u>Production level in units</u> <u>AVC per unit</u>
1,000 $12.50 per unit
2,000 $11.25 per unit
3,000 $10.13 per unit
4,000 $9.11 per unit
Explanation:
My test anxiety generally comes from a desire to do well. It usually accompanies the situation where I am not as prepared for the test as I would like to be, or where I have no idea what subject matter the test may cover.
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My anxiety management strategy is to prepare for a test as well as I can in the time allotted, and detach from the outcome. In the case of specific subject matter tests (as opposed to "achievement" tests), a well-made test will be educational, so later questions help answer earlier ones. Paying attention to that possibility also manages test anxiety by letting me go back and correctly answer questions I might have missed.
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One of the most effective techniques for managing test anxiety (beyond a decent level of preparation), is the use of Emotional Freedom Techniques (EFT), also known as "tapping." A few rounds of tapping on specific points on bodily energy meridians can greatly relieve stress and improve test performance. The process takes only minutes to learn and execute, and can be very effective. (Look up articles or videos on EFT Tapping.)
If the price elasticity of demand for Mountain Dew is 4.4 then "mountain dew has a high price elasticity of demand".
<u>Answer:</u> Option D
<u>Explanation:</u>
In economics "Price elasticity of demand" (PED) is a metric required to illustrate the flexibility or elasticity of a product or service's required quantity to increase its value when nothing but the value of product vary. When mountain dew have price elasticity of demand is 4.4 this follows that a price increase of 10 percent would result in the quantity needed decline by 44%
as illustrated below:
4.4 = (% quantity change) / (% price change)
4.4 = x / 10
x = -4.4 (10) = -44% here negative sign shows decline in quantity required.
Answer:
$0
Explanation:
Scott Company must record the warranty expense and liability regarding the products sold during the years that they occur. For example, the following journal entry must be made to record the warranty expense for year 1:
Dr Warranty expense 25,000
Cr Warranty liability 25,000
During year 2, they will record the warranty expense for that year:
Dr Warranty expense 20,000
Cr Warranty liability 20,000
That means that during year 3, the only warranty expense recorded will be the one related to the goods sold during that year.
