This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Total cost is calculated as (Read 38 times)

neverstopbelieb

  • Hero Member
  • *****
  • Posts: 534
on: Apr 19, 2019

Question 1

The formula for total fixed cost is


◦ TFC = 
TC + 
TVC.
◦ TFC = 
TVC -
TC.
◦ TFC = 
TC/
TVC.
◦ TFC = 
TC -
TVC.

Question 2

Total cost is calculated as


◦ the sum of total fixed cost and total variable cost.
◦ the product of average total cost and price.
◦ the sum of all the firm's explicit costs.
◦ the sum of average fixed cost and average variable cost.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by neverstopbelieb on Apr 19, 2019

tmlewis4706

  • Sr. Member
  • ****
  • Posts: 295
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


neverstopbelieb

  • Member
  • Posts: 534
Reply 2 on: Apr 19, 2019
:D TYSM

CAPTAINAMERICA

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

A Total Eclipse of the Sun A Total Eclipse of the Sun
Cost Savings with an EHR System Cost Savings with an EHR System
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
Does It Cost More to Eat Healthy? Does It Cost More to Eat Healthy?
Chem problem calculated Chem problem calculated
An educational institution has total direct labor and material costs of $1964 per student. Its ... An educational institution has total direct labor and material costs of $1964 per student. Its ...
Video: Cleavage and Implantation Animation

For a complete list of videos, visit our video library