Average fixed cost is: a. total cost divided by the number of ...

[Sufayan.ah]

Average fixed cost is:
 a. total cost divided by the number of units produced over a given period.
 b. total fixed cost divided by the number of units produced over a given period.
 c. the price of a fixed factor of production.
 d. fixed cost divided by the number of units of a fixed input employed over a given period.

Question 2

If the P/E ratio is equal to 50, it implies that investors in the stock are willing to pay:
 a. 25 for every 2 of the earnings that the company generates during a period.
  b. 100 for every 1 of the earnings that the company generates during a period.
  c. 500 for every 1 of the earnings that the company generates during a period.
  d. 50 for every 1 of the earnings that the company generates during a period.
  e. 5 for every 1 of the earnings that the company generates during a period.

[emily12345]

Answer to Question 1

b

Answer to Question 2

d