« previous next »

Author Question: A firm's average fixed cost when producing 2,000 units of output equals 10 . When only 1,000 units ... (Read 58 times)

BrownTown3

  • Hero Member
  • *****
  • Posts: 564
on: Jun 30, 2018
A firm's average fixed cost when producing 2,000 units of output equals 10 . When only 1,000 units of output are produced:
 a. AFC must still equal 10.
 b. AFC must equal 20.
 c. AFC must equal 5.
 d. marginal cost must equal 20.

Question 2

Compute the actual investment in a mutual fund carrying a front-end load of 10 percent on a sum of 10,000 invested by an individual.
 a. 1,000
  b. 10,000
  c. 11,000
  d. 9,000
  e. 12,000


canderson530

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

On average, the ratio of carbon to nitrogen is much higher in terrestrial plants than in other major On average, the ratio of carbon to nitrogen is much higher in terrestrial plants than in other major
Killer Whale - Size comparison to an average human. Killer Whale - Size comparison to an average human.
An orb weaver producing silk from its spinnerets An orb weaver producing silk from its spinnerets
Urine output. Urine output.
J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011 Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011
Video: Fertilization and Development

For a complete list of videos, visit our video library