Answer: c. No, since the MC and AVC curve intersect at the minimum of AVC
Explanation:
Marginal cost is the cost of producing one extra unit of a product while average cost is the average of all the units produced so far. Therefore, when Marginal cost is low, it pulls the average costs down with it because it will be lower than the Average costs.
However, as Marginal costs start to rise, average cost will still be low because it is taking into account the lower previous marginal costs. Marginal cost will then keep rising until it intersects the average costs at it's minimum. Once this happens Average cost will start being pulled up because the current high costs will on average eclipse the current low costs.
Answer:
Different aspects to be considered:
First of all, the steakhouse probably has the most clients between 6 to 8 PM, that is why discounts are not offered during that time.
Second, the discount is offered to only a certain group, employees of other stores, because it is a promotional strategy aimed at increasing the number of clients during slow hours. Since this is a fancy place, it is probably expensive also. Most employees would not actually eat there except on a special event, e.g. birthday or anniversary dinner. Even with the 20% discount, not many of them will actually eat there.
This is something nice to offer, since a shopping mall is a close environment where a lot of different people work together, even if very few will actually take the offer. It is normal that different stores have distinct promotions for the employees that work there. It is similar to offering perks that help create a better working environment between the employees of different stores.
Answer:
Credit accumulated depreciation for 2017 is $46,000
Explanation:
Accumulated depreciation increases as a result of increase in depreciation charged on fixed assets.
Given that:
Accumulated Depreciation = $48,000
Deferred Gain on Transfer = $12,000
Amortization of Gain = Deferred Gain on Transfer / 6 years remaining = $12000 / 6 = $2000
Credit to Accumulated Depreciation for 2017 = Accumulated Depreciation - Deferred gain on transfer = $48000 - $2000 = $46000
Answer:
false, these two can be related
Explanation:
false
The answer is B. Executive summary. A management summary, or
executive summary, is a short article or section of a document, produced for
business purposes, that condenses a longer report or proposal or a group of
related reports in such a way that readers can rapidly become familiar with a
large body of material without having to read it all.
