« previous next »

Author Question: A firm is producing 1,000 units of output for which the average variable cost of production equals ... (Read 132 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?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

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.

Average winter rainfall and variation in rainfall among sites inhabited by Suromalus ater Average winter rainfall and variation in rainfall among sites inhabited by Suromalus ater
Average Chemical Composition of the Geosphere Crust Average Chemical Composition of the Geosphere Crust
Generation of diversity by variable V-J joining mechanisms Generation of diversity by variable V-J joining mechanisms
Management Information Systems: Managing the Digital Firm, 15th Edition Management Information Systems: Managing the Digital Firm, 15th Edition
If the frequency equals 60 Hz in Figure 10-1, what is the value of capacitance? If the frequency equals 60 Hz in Figure 10-1, what is the value of capacitance?
Variable expressivity of Waardenburg syndrome Variable expressivity of Waardenburg syndrome
Video: Chemical Buffers - protein buffer, phosphate buffer system and bicarbonate buffer system

For a complete list of videos, visit our video library