Business, 03.08.2019 00:10 QueenNerdy889
When a firm produces 50,000 units of output, its total cost equals $6.5 million. when it increases its production to 70,000 units of output, its total cost increases to $9.4 million. within this range, the marginal cost of an additional unit of output is
Answers: 3
Business, 22.06.2019 22:30
Which of the following describes one of the ways that the demographics of an area affect the price of housing in that area? a. when more people have children, their incomes tend to be higher and the housing prices are also higher. b. older people are more likely to stay in their houses, creating a seller's market that keeps prices low. c. an area with a lower population density won't have enough construction workers to build new houses quickly. d. an area with younger people will have a higher demand for rentals and a lower demand for buying.
Answers: 1
Business, 23.06.2019 10:20
Teatro restoration, inc., begins renovating an old theater for urban edge productions, but after three months teatro demands an extra $250,000. urban edge agrees to pay. refer to fact pattern 13–4. if teatro says it is asking for the extra $250,000 because it has encountered extraordinary unforeseen difficulties that will add considerable cost to the project, the agreement is
Answers: 3
When a firm produces 50,000 units of output, its total cost equals $6.5 million. when it increases i...
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