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

Author Question: If the total cost of producing 10 units equals 90, and the average total cost of producing 11 units ... (Read 207 times)

vicotolentino

  • Hero Member
  • *****
  • Posts: 552
on: Jun 30, 2018
If the total cost of producing 10 units equals 90, and the average total cost of producing 11 units equals 8.75, then the marginal cost of the eleventh unit produced:
 a. is definitely greater than the marginal cost of producing the tenth unit.
  b. is definitely less than the marginal cost of producing the tenth unit.
  c. is less than the average total cost of producing ten units.
 d. is greater than the average total cost of producing ten units.

Question 2

The possible returns to a shareholder are:
 a. rent and wages.
  b. fixed interest and dividend.
  c. fixed interest and a depreciation in the price of the stock.
  d. rent and fixed interest.
  e. dividend and an appreciation in the price of the stock.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wergv

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

e


vicotolentino

  • Member
  • Posts: 552
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

milbourne11

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

The Increasing Cost of Health Care, 1960–2010 The Increasing Cost of Health Care, 1960–2010
4.1 Age changes in total IQ based on cross-sectional data (lower line) and longitudinal data ... 4.1 Age changes in total IQ based on cross-sectional data (lower line) and longitudinal data ...
A spark plug thread chaser is a low-cost tool that hopefully will not be used often, but is ... A spark plug thread chaser is a low-cost tool that hopefully will not be used often, but is ...
A wave whose wavelength is 0.500 m is traveling down a 500-m long wire whose total mass is 25 ... A wave whose wavelength is 0.500 m is traveling down a 500-m long wire whose total mass is 25 ...
A random sample of 87 airline pilots recruited by an airline service had an average yearly ... A random sample of 87 airline pilots recruited by an airline service had an average yearly ...
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: Photosynthesis and Van Helmont Experiment

For a complete list of videos, visit our video library