« previous next »

Author Question: A firm is producing 1,000 units of output for which the average variable cost of production equals ... (Read 79 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
A firm is producing 1,000 units of output for which the average variable cost of production equals 50 cents. The firm's total fixed costs equal 700 . The total cost of producing 1,000 units of output equals:
 a. 700.
 b. 500.
 c. 1,000.
  d. 1,200.

Question 2

A group of stocks of individual firms that are placed into one investment pool by an investment company is commonly known as a:
 a. pooled stock venue.
  b. stock clump.
  c. stock agreement.
  d. mutual fund.
  e. maximal diversified investment (MDI).


Laurenleakan

  • Sr. Member
  • ****
  • Posts: 309
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

tingc95

  • Hero Member
  • *****
  • Posts: 556
Reply #2 on: Jun 30, 2018
Correct answers!


Laurenleakan

  • Sr. Member
  • ****
  • Posts: 309
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Galaxies Forming by Combining Smaller Units Galaxies Forming by Combining Smaller Units
A variable valve timing solenoid being controlled by applying voltage from the PCM. A variable valve timing solenoid being controlled by applying voltage from the PCM.
(a) IgA. (b) IgA production. (a) IgA. (b) IgA production.
Mechanism of action of anti-parkinson drugs. (a) Levodopa therapy increases dopamine production; (b) ... Mechanism of action of anti-parkinson drugs. (a) Levodopa therapy increases dopamine production; (b) ...
World Crude Oil Production, 1900–2010 World Crude Oil Production, 1900–2010
Expressing amounts of energy in different energy units is necessary to solve many chemistry ... Expressing amounts of energy in different energy units is necessary to solve many chemistry ...
Video: Junction Types - Tight and Adherens Junctions

For a complete list of videos, visit our video library