Q: asing cost industry" Please explaing in
A: An ‘increasing -cost industry’ occurs due to entry of new firms for the increase(↑) in demand(DD).…
Q: otal cost is equal to average cost times marginal cost. a. True O b. False
A: Answer - True Total cost is equal to average cost times marginal cost. Explanation Total cost is…
Q: Firm Measures: Productivity, Costs, Revenues, and Profits Labor Total Product (TP) Fixed Cost (TFC)…
A: The marginal product of labor (MP) refers to an increase in total production when one additional…
Q: What is breakeven point and HOW TO CALCULATE THE BREAKEVEN POINT?
A: In economics, some specfiic terms are used to explain the specfiic market situations, such as shut…
Q: what is cost and revenue analysis?
A: Cost refers to the money payment made to the factors of production which are involved in the…
Q: Name at least two elements in calculating separation costs and how you would measure them.
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: What is the equipment"s the initial cost?
A: Cost of product: The cost of a product refers to the actual amount that is spent to manufacture it.…
Q: Someday, if you want to be an economist or to study more about economic analysis, what platform you…
A: While studying economics, economists have the capability to reduce costs while using different…
Q: How would I calculate the percentage change in price for these? (Not graded just a practice…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Compare and contrast economies of scope and economies of scale. Be sure to include outside sources.
A: Average total cost signifies the amount of dollars expended on developing an average unit of the…
Q: Write down the problem the car manufacturer solves to find the levels of 'K' and 'L' that minimize…
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Q: Please answer the question and explain your solution. Thanks.
A: Answer to the question is as follows:
Q: Classify the Costs for Predicting Cost Behavior?
A: Every company incurred the costs to produce goods and services. For example labor cost, and…
Q: A drugstore sells 30 bottles of antibiotics per week. Each time it orders antibiotics, there is a…
A: Given: A drugstore sells= 30 bottles of antibiotics per week There is a fixed ordering cost of =…
Q: Find net profit if total revenue is $1000 and total cost is 30% of Total revenue
A: The data presented in the question above is:- Total revenue = $1000 Total cost = 30% of total…
Q: How low must the fixed cost be to break even?
A: Break-Even Point (sales dollars) = Fixed Costs ÷ Contribution Margin Contribution Margin = Price of…
Q: Accounting and economic cost Economic cost
A: Accounting Cost = Accounting costs measure the financial value of taking an action. They are the…
Q: Concent of competitive advantag the aspect of qualify LOW COST technology and other
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Q: What does the Cost basis generally include?
A: In engineering economics, the cost basis of an asset represents the total cost of an asset that…
Q: Distinguish between product costs and period costs?
A: The cost incurred after the product is sold is refers to period cost, which includes shipping cost,…
Q: BridgeCo manufactures ar used struc standard size caseloads for a price of $4000. BridgeCo's fixed…
A: Price=$4000 Fixed Cost=$20,000 Variable Cost=$2000 (a) Total Revenue= Price*Quantity TR=4000*Q…
Q: What is a cost reduction?
A: Cost reduction is a procedure which is used by companies to reduce cost and increase their profits.…
Q: Give some specific examples of Product Costs?
A: The costs incurred in the creation of a product form the product cost. Product cost can be…
Q: Fill in the remaining cells of the table. (Note: If a value is a decimal, round to the nearest…
A: MC = Change in TC / Change in Q AFC = TFC / Q AVC = TVC / Q ATC = TC / Q Q TFC TVC TC MC AFC AVC…
Q: recycler to open up a plant in town. How many days per week should the county open each center to…
A: The equations are as follows: min C = 40x+50ySubject to constraints:140x+100y≥1540or…
Q: Total cost = $4500 fixed costs = $2000 variable cost = ?
A: In the production process, different inputs are used to produce the final output. Each input has its…
Q: Explain the Trial-and-error method?
A: Trial and error are an integral problem-solving process. It is characterized by frequent, varied…
Q: Thank you very much for your help! Which one from the above would you say it will be the correct…
A: (FDI) Foreign direct investment happens when an investor established in one country (the residence…
Q: Give some examples of the term Mixed Costs?
A: Costs can be classified into fixed and variable costs. The variable cost is the type of cost that…
Q: What is the difference between DIVERSIFICATION and INDUSTRY SPECIFIC?
A: Diversification means a firm is doing their business in different industry or sector, like Tata…
Q: open Text, a nypotnetical firm in waterioo, has TFC of $200, TVC is $600, and TP iS 4 units, then:…
A: Total cost is determined when we add total fixed cost with total variable cost.
Q: Average cost is $100 and the output is 70 units Calculate total cost
A: The information given to us is as follows:- Average cost of the firm = $100 Output of firm = 70…
Q: Identify a minimum of 5 features/tools that are offered.
A: The State of Ohio offers a wide range of profession openings. A vocation in broad daylight…
Q: Need answers ASAP... Which of these costs is considered as the most important cost because if it is…
A: The firm produces goods and services and incurs cost including fixed cost and the variable cost.The…
Q: How do you figure out opertunity cost?
A: Opportunity cost refers to the cost of the next best alternative that is foregone.
Q: practice
A: There are different types of goods, which differ in their feature and usage as well. The goods such…
Q: Why Can't We Be Friends? operates a conflict settlement service for distressed couples. If it has no…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: A person who keeps projects on-time and within-budget is called the _____________.
A: A project refers to a series of tasks, or steps which have to completed in order to reach an…
Q: d. Total cost e. Total profit or loss
A: D. Total cost is the product of the average of total cost and units of output. At an output level…
Q: State the law if Diminishing Returns
A: A consumer's increased enjoyment from having one more unit of an item or service is referred to as…
Q: Average fixed cost will be always rising. always falling. U-shaped. constant.
A: Total fixed cost (TFC): - it is the cost incurred on the fixed capital assets like land, building,…
Q: True or False 4.→One time·legal·fees that move as services are rendered are considered variable…
A: Hi, thanks for the question. As per the guidelines we are allowed to attempt the first question. If…
Describe the Trial and Error Process?
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