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 102 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
Excellent

CAPTAINAMERICA

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

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?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Average optimal blood pressure for age Average optimal blood pressure for age
General structure of eukaryotic pre-rRNA transcription units General structure of eukaryotic pre-rRNA transcription units
Total radiative forcing ~1.63 Wm-2 Total radiative forcing ~1.63 Wm-2
Cost Accounting: A Managerial Emphasis 16th Edition Cost Accounting: A Managerial Emphasis 16th Edition
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
An inventory record sheet shows a balance on hand of 972. During the month units sold were 111, ... An inventory record sheet shows a balance on hand of 972. During the month units sold were 111, ...
Video: Electromagnetic Spectrum, Chlorophyll and Pigment & Light

For a complete list of videos, visit our video library