« previous next »

Author Question: A firm is producing 1,000 units of output for which the average variable cost of production equals ... (Read 134 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?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Kitagawa Utamaro, Utamaro's Studio, Eshi . . . dosa-hiki (the three primary steps in producing ... Kitagawa Utamaro, Utamaro's Studio, Eshi . . . dosa-hiki (the three primary steps in producing ...
Abdominal thrusts are delivered with a firm thrust into the patient’s abdomen with an upward ... Abdominal thrusts are delivered with a firm thrust into the patient’s abdomen with an upward ...
Assume z is a standard normal random variable. What is the value of z if the area to the right ... Assume z is a standard normal random variable. What is the value of z if the area to the right ...
Complete the following production chart and plot the points. Complete the following production chart and plot the points.
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
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: Exercise and cardiac output & Definition of stroke volume

For a complete list of videos, visit our video library