Business, 07.03.2020 01:13, Val03

Suppose that a firm is currently employing 20 workers, the only variable input, at a wage rate of $60. The average physical product of labor is 30, the last worker added 12 units to total output, and total fixed cost is $3,600a. What is marginal cost?b. What is average variable cost?c. how much output is being producedd. What is the average total cost?d. At the current output rate, is average variable cost increasing, constant, or decreasing? Is average total cost increasing, constant, or decreasing? What about average total cost?

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 21:30, larissacrystalow8g2w

Match the various steps in the creative process undertaken by the ad agency for developing the campaign for wpu, to the steps in young's model of the creative process. creative process in developing wpu's campaignyoung's modelafter intensive analysis of the data and several rounds of brainstorming, the agency executives decided to take a break from this project (the wpu campaign), and instead work on a different client's project before tackling the wpu project again. using a combination of animatics and storyboards, the ad agency conducted research with a representative sample of sixty target consumers to pretest the campaign theme and the creative execution. during a brainstorming session in the creative department, a copywriter's suggestion for a slogan for wpu was recognized as an excellent central idea that could drive the campaign for wpu. the account planning, account management and creative departments at the ad agency had a series of meetings and brainstorming sessions to discuss the creative brief and the results of all the primary and secondary research done with the target consumers. the account planning and the account management groups at the ad agency conducted primary research with a representative sample of the target segment and also studied secondary research data to gain insights required for the campaign development process.

Answers: 2

continue

Business, 22.06.2019 04:40, aidanfbussiness

Select the correct answerwhat is the responsibility of each of the twelve federal reserve's banks in their districts? a. they set the prime rateob. they monitor functioning of banks in their through onsite and offsite reviewsc. they assess taxes in their destnictd. they write fiscal policies

Answers: 1

continue

Business, 22.06.2019 15:20, alex12everett

Record the journal entry for the provision for uncollectible accounts under each of the following independent assumptions: a. the allowance for doubtful accounts before adjustment has a credit balance of $500. b. the allowance for doubtful accounts before adjustment has a debit balance of $250. c. assume that octoberʼs credit sales were $70,000. uncollectible accounts expense is estimated at 2% of sales. smith, gaylord n.. excel applications for accounting principles (p. 51). cengage textbook. kindle edition.

Answers: 1

continue

Business, 22.06.2019 17:30, harshakayla02

According to management education expert ashok rao, companies can increase their profitability by through careful inventory management. a. 5% to 10% b. 10% to 25% c. 20% to 50% d. 75%

Answers: 1

continue

Do you know the correct answer?

Suppose that a firm is currently employing 20 workers, the only variable input, at a wage rate of $6...