This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The total cost (TC) of producing computer software diskettes (Q) is given as: TC = 200 + 5Q. What is ... (Read 62 times)

Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
on: Jul 1, 2018
The total cost (TC) of producing computer software diskettes (Q) is given as: TC = 200 + 5Q. What is the average fixed cost?
 
  A) 500
  B) 5Q
  C) 5
  D) 5 + (200/Q)
  E) none of the above

Question 2

The CPI in 1970 was 38.8 and in 1998 the CPI was 163.0. If the real value of a 1970 gallon of milk in terms of 1998 dollars is 0.70, what was the nominal price of milk in 1970?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

peter

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jul 1, 2018
Answer to Question 1

E

Answer to Question 2

38.8(0.70)/163 = 0.17.


Pea0909berry

  • Member
  • Posts: 573
Reply 2 on: Jul 1, 2018
Gracias!

EAN94

  • Member
  • Posts: 307
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Total fertility rates (TFRs) among major regions of the world. Total fertility rates (TFRs) among major regions of the world.
An orb weaver producing silk from its spinnerets An orb weaver producing silk from its spinnerets
The retrograde amnesia and anterograde amnesia associated with a concussion-producing blow to the ... The retrograde amnesia and anterograde amnesia associated with a concussion-producing blow to the ...
Computer Models Computer Models
Total parenteral nutrition through a catheter in the right subclavian Total parenteral nutrition through a catheter in the right subclavian
A basic strategy for producing a knockout mouse A basic strategy for producing a knockout mouse
Video: Interview with Person who has Schizophrenia

For a complete list of videos, visit our video library