Business, 22.02.2021 19:20 gungamer720
Determine whether each of the following is true or false:
1. In the short run, insurance on your property is a fixed cost.
2. In the short run, the heating of your warehouse is a fixed cost.
3. In the long run, there are more fixed costs than in the short run.
Assume that you run a concession stand at a small movie theater selling popcorn. Each day you must pay the theater management $50, so this is your fixed cost. If you are able to sell 100 boxes of popcorn each day, the variable cost per box is $0.15. Use these figures to determine average fixed cost, average variable cost, and average total cost.
Based on the following table, where do diminishing marginal returns begin to set in? Explain.
Machines Daily Output
1 300
2 700
3 1,000
4 1,200
5 1,300
6 1,300
Answers: 3
Business, 21.06.2019 18:50
You are the manager of a firm that produces output in two plants. the demand for your firm's product is p = 20 − q, where q = q1 + q2. the marginal costs associated with producing in the two plants are mc1 = 2 and mc2 = 2q2. how much output should be produced in plant 1 in order to maximize profits?
Answers: 3
Business, 22.06.2019 09:00
According to this excerpt, a key part of our national security strategy is
Answers: 2
Business, 22.06.2019 12:30
Rossdale co. stock currently sells for $68.91 per share and has a beta of 0.88. the market risk premium is 7.10 percent and the risk-free rate is 2.91 percent annually. the company just paid a dividend of $3.57 per share, which it has pledged to increase at an annual rate of 3.25 percent indefinitely. what is your best estimate of the company's cost of equity?
Answers: 1
Business, 22.06.2019 13:00
The green revolution is a scientific breakthrough that improved seeds for basic crops. how did the green revolution impact the supply of basic crops such as wheat and corn? the supply of wheat and corn increased. there was no impact on the supply of basic crops. the supply of basic crops did not change, but the quantity supplied of basic crops increased. the supply of wheat and corn decreased.
Answers: 3
Determine whether each of the following is true or false:
1. In the short run, insurance on your pr...
History, 09.04.2020 19:22
Mathematics, 09.04.2020 19:22
Mathematics, 09.04.2020 19:23
Mathematics, 09.04.2020 19:23
Mathematics, 09.04.2020 19:23
Mathematics, 09.04.2020 19:23
Mathematics, 09.04.2020 19:23
History, 09.04.2020 19:23
Chemistry, 09.04.2020 19:23
Biology, 09.04.2020 19:23