« previous next »

Author Question: A firm's average fixed cost when producing 2,000 units of output equals 10 . When only 1,000 units ... (Read 52 times)

BrownTown3

  • Hero Member
  • *****
  • Posts: 564
on: Jun 30, 2018
A firm's average fixed cost when producing 2,000 units of output equals 10 . When only 1,000 units of output are produced:
 a. AFC must still equal 10.
 b. AFC must equal 20.
 c. AFC must equal 5.
 d. marginal cost must equal 20.

Question 2

Compute the actual investment in a mutual fund carrying a front-end load of 10 percent on a sum of 10,000 invested by an individual.
 a. 1,000
  b. 10,000
  c. 11,000
  d. 9,000
  e. 12,000


canderson530

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

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?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Use of cell fusion and selection to obtain hybridomas producing monoclonal antib Use of cell fusion and selection to obtain hybridomas producing monoclonal antib
Average national IQs according to IQ and Global Inequality Average national IQs according to IQ and Global Inequality
Cost Savings with an EHR System Cost Savings with an EHR System
A Listing of Repeat Units for 10 of the More Common Polymeric Materials A Listing of Repeat Units for 10 of the More Common Polymeric Materials
The hazmat training pyramid. It is important to train from the ground up, starting with a firm grasp ... The hazmat training pyramid. It is important to train from the ground up, starting with a firm grasp ...
Firm handshake Firm handshake
Video: Cataract

For a complete list of videos, visit our video library