Business
Business, 16.06.2021 01:10, mayfieldashley2437

Auctio sells sprockets in a perfectly competitive market. Below are its short-run total variable costs at different output levels. The firm's fixed cost is $5. The market price of one sprocket is $8. Units Total Variable Cost 0 $0 1 $12 2 $18 3 $22 4 $28 5 $35 6 $43 What is the average total cost of the 5th unit

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 21:50, reggiegilbert1995
Varto company has 9,400 units of its sole product in inventory that it produced last year at a cost of $23 each. this year’s model is superior to last year’s, and the 9,400 units cannot be sold at last year’s regular selling price of $42 each. varto has two alternatives for these items: (1) they can be sold to a wholesaler for $8 each, or (2) they can be reworked at a cost of $251,100 and then sold for $34 each. prepare an analysis to determine whether varto should sell the products as is or rework them and then sell them.
Answers: 2
image
Business, 22.06.2019 23:00, keagank
You cannot make copies of media, even as a personal backup, without violating copyright. true
Answers: 3
image
Business, 23.06.2019 00:30, peno211
Suppose there is a 6 percent increase in the price of good x and a resulting 6 percent decrease in the quantity of x demanded. price elasticity of demand for x is a. 0 b. 6 c. 1 d. 36
Answers: 2
image
Business, 23.06.2019 11:00, potatonene
Jessica thinks that everyone would be better off if financial institutions stopped issuing credit. which statement accurately supports her argument? people would pay less in interest fees. people would have greater protection in case of emergencies. people would need to save for many years to buy a home or open a business. people would support the economy through purchases of more goods and services.
Answers: 1
Do you know the correct answer?
Auctio sells sprockets in a perfectly competitive market. Below are its short-run total variable cos...

Questions in other subjects:

Konu
Mathematics, 09.06.2020 21:57