subject
Business, 14.07.2019 07:30 Will1119

Suppose that for a particular firm the only variable input into the production process is labor and that output equals zero when no workers are hired. in addition, suppose that when the firm hires 2 workers, the total cost of production is $100. when the firm hires 3 workers, the total cost of production is $120. in addition, assume that the variable cost per unit of labor is the same regardless of the number of units of labor that are hired. what is the firm's fixed cost?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 18:40
Alyssa works for an engineering firm that has been hired to design and supervise the construction of a highway bridge over a major river. the bridge will be a unique design, incorporating complex designs that will likely never be duplicated. how should alyssa deal with designing and overseeing the building of the bridge?
Answers: 3
question
Business, 21.06.2019 21:20
Trinity coatings company uses the indirect method to prepare its statement of cash flows. refer to the following information for 2018: the beginning balance in the cash account was $ 3 comma 000. net cash provided by operating activities: $ 42 comma 000 net cash used for investing activities: $(26 comma 500) net cash provided by financing activities: $ 1 comma 700 the statement of cash flows will show
Answers: 2
question
Business, 22.06.2019 11:00
When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement
Answers: 3
question
Business, 22.06.2019 11:20
Lusk corporation produces and sells 14,300 units of product x each month. the selling price of product x is $25 per unit, and variable expenses are $19 per unit. a study has been made concerning whether product x should be discontinued. the study shows that $72,000 of the $102,000 in monthly fixed expenses charged to product x would not be avoidable even if the product was discontinued. if product x is discontinued, the annual financial advantage (disadvantage) for the company of eliminating this product should be:
Answers: 1
You know the right answer?
Suppose that for a particular firm the only variable input into the production process is labor and...
Questions
question
Mathematics, 27.04.2020 03:19
Questions on the website: 13722363