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 141 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
Thanks for the timely response, appreciate it

carojassy25

  • Member
  • Posts: 299
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Average Pulse Rates by Age Average Pulse Rates by Age
Average Annual Growth Rates of Population by Country Group Average Annual Growth Rates of Population by Country Group
Because the factor h on the right side of the Heisenberg uncertainty principle has units of ... Because the factor h on the right side of the Heisenberg uncertainty principle has units of ...
What is the total resistance of the circuit in Figure 1? 150 What is the total resistance of the circuit in Figure 1? 150
Increase in total spending in presidential campaigns, 1976-2020 Increase in total spending in presidential campaigns, 1976-2020
A cowbird with its foster parent. A female cowbird minimizes her cost of parental care by laying her A cowbird with its foster parent. A female cowbird minimizes her cost of parental care by laying her
Video: Arthritis

For a complete list of videos, visit our video library