Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 11, 2024

100 quantity, average revenue 10, average total cost 8, fixed cost 200. what is the marginal cost

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Macroeconomics Principles Applications And Tools

Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez

7th Edition

978-0134089034, 9780134062754, 134089030, 134062752, 978-0132555234

More Books

Students also viewed these Economics questions

Question

★★★★★

A 500-lb crate B is suspended from a cable attached to a 40-lb trolley A which rides on an inclined I-beam as shown. Knowing that at the instant shown the trolley has an acceleration of 1.2 ft/s2 up...

Answered: 1 week ago

Question

★★★★★

What is the difference between an operating (working) interest and a nonoperating (nonworking) interest?

Answered: 1 week ago

Question

★★★★★

1. Avoid listening to tattle tale stories about students.

Answered: 1 week ago

Question

★★★★★

Do the following events represent business transactions? Explain your answer in each case. (a) A computer is purchased on account. (b) A customer returns merchandise and is given credit on account....

Answered: 1 week ago

Question

★★★★★

Pick a company from each of these industries and create a list of cost . explain how you allocates those cost. 1 Pharmaceutical 2 consumer goods 3 Automotive

Answered: 1 week ago

Question

★★★★★

View transaction iss Journal entry worksheet ( A ) B C Record the issue of 1 6 , 0 0 0 shares of no - par, no - stated value common stock for $ 1 7 4 , 4 0 0 cash. Note: Enter debits before credits....

Answered: 1 week ago

Question

★★★★★

Tanjung Bidara Enterprise produces and supplies high-quality soap for the local market. The company employs 20 workers who are paid RM7 per hour. The workers work 20 days a month and the working...

Answered: 1 week ago

Question

★★★★★

Tom Pastorius and his wife Mary Beth started Penn Brewery, an authentic German microbrewery in Pittsburgh, Pennsylvania, in 1986. They built the brewery into a successful business, pro- ducing more...

Answered: 1 week ago

Question

★★★★★

ABC Electronics Corporation will be expanding its products by manufacturing power banks. It expects to sell these over a period of three years by updating their power bank models throughout the...

Answered: 1 week ago

Question

★★★★★

A scooter manufacturer wants to increase brand awareness on its website. What type of graphic should the company include on every webpage?

Answered: 1 week ago

Question

★★★★★

How can you use data to assist you with making appropriate business decisions? Will you use internal data, external data, or both?

Answered: 1 week ago

Question

★★★★★

A botany student measured the lengths of a sample of leaves to the nearest centimeter. The data is shown in the frequency distribution below. Use the data to approximate the mean to the nearest tenth...

Answered: 1 week ago

Question

★★★★★

Optional extension. Download the Visio diagram version of Figure 2-9 from this books: Web site, www .pearsonhighered.com/kroenke. Modify the diagram to illustrate the sequence of tasks you chose as...

Answered: 1 week ago

Question

★★★★★

Consider the four definitions of information presented in this chapter. The problem with the first definition, knowledge derived from data, is that it merely substitutes one word we dont know the...

Answered: 1 week ago

Question

★★★★★

State the criteria that you used for making your selections in questions 2-8 and 2-9.

Answered: 1 week ago

Previous Question Next Question