Business, 18.03.2020 04:31 marciekinser

Use the following two statements to answer this question:I. The average total cost of a given level of output is the slope of the line from the origin to the total cost curve at that level of output. II. The marginal cost of a given level of output is the slope of the line that is tangent to the total cost curve at that level of output. A. I is true, and II is false. B. Both I and II are true. C. I is false, and II is true. D. Both I and II are false.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 13:00

The mars company's new topeka, kansas, manufacturing plant is the first new facility the company has opened in north america in 35 years. the new plant is which type of tangible resource?

Answers: 2

Answer

Business, 21.06.2019 23:00

The impact fiscal multiplier is a. usually estimated to have an average value of 2. b. usually estimated to have an average value of 0. c. the actual immediate multiplier effect of a fiscal policy action after taking into consideration direct fiscal offsets and other short-term crowding out of private spending. d. the multiplier effect of a fiscal policy action that applies to a long-run period after all influences on equilibrium real gdp have been taken into account.

Answers: 3

Answer

Business, 21.06.2019 23:00

Which of the following statements is correct? a. two firms with identical sales and operating costs but with different amounts of debt and tax rates will have different operating incomes by definition. b. free cash flow (fcf) is, essentially, the cash flow that is available for interest and dividends after the company has made the investments in current and fixed assets that are necessary to sustain ongoing operations. c. retained earnings as reported on the balance sheet represent cash and, therefore, are available to distribute to stockholders as dividends or any other required cash payments to creditors and suppliers. d. if a firm is reporting its income in accordance with generally accepted accounting principles, then its net income as reported on the income statement should be equal to its free cash flow. e. after-tax operating income is calculated as ebit(1 - t) + depreciation.

Answers: 2

Answer

Business, 22.06.2019 01:50

Atlas manufacturing produces a unique valve, and has the capacity to produce 50,000 valves annually. currently atlas produces 40,000 valves and is thinking about increasing production to 45,000 valves next year. what is the most likely behavior of total manufacturing costs and unit manufacturing costs given this change? a. total manufacturing costs will increase and unit manufacturing costs will also increase. b. total manufacturing costs will stay the same and unit manufacturing costs will stay the same. c. total manufacturing costs will increase and unit manufacturing costs will decrease. d. total manufacturing costs will increase and unit manufacturing costs will stay the same.

Answers: 1

Answer

You know the right answer?

Use the following two statements to answer this question:I. The average total cost of a given level...

Questions