Rent of the factory is a variable cost True/False

Q: # Units Produced Total Revenue Total Costs 1 100 50 180 110 3 250 180 4 290 270 310 380 2. 5.

A:

Q: ATC MC AVC HA MR K DE Quantity Peso ABe

A: Here, the given graph shows marginal and average cost and revenue functions of a firm.

Q: Two projects (A & B) are under consideration for landscaping improvements at a small company's…

A: The initial cost of Project A is 15000 and the initial cost of Project B is 12000 so incremental…

Q: To run a kid's lemonade stand, you need: Lemonade mix, such as Country Time Tap water Ice Cups A kid…

A: Lemonade mix: A product sued to make lemonade, often in powdered or liquid form, which provides the…

Q: Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $140 for a…

A: It is the difference between cost price and the selling price of product. The markup is the amount…

Q: Total Product Average Product Workers (Pretzels per hour) (Pretzels per worker) 1 2. 3 In the…

A: Marginal product is the additional output obtained by placing an additional unit of input in the…

Q: Melvin manufactures a single product. Total cost per unit is $70 when production is 100 units per…

A: Total cost per unit if production is 100 units per week = $70 Total cost of 100 units per week =…

Q: Fixed-Cost Fallacy Describe a decision made by your company that involved costs that should have…

A: A fixed-cost fallacy is when a company assumes that a cost that does not change with the level of…

Q: The rental of property is considered as a. increment cost b. fixed cost c. variable cost d.…

A: Costs refer to the amount that is incurred for using the factors of production to produce goods.…

Q: Identify a fixed cost

A: A fixed cost is referred to as the cost which would not change due to an increase or decrease in the…

Q: Research an instance of an actual firm that has been engaged in cost-cutting measures. What actions…

A: We are considering an example of Dell EMC. Cost-cutting refers to measures executed by an…

Q: What is the total cost of producing 200 units 125 150 180 210

A: Total Cost = Average Total Cost*Quantity TC at 200 units = 0.75*200 = 150 TC at 125 units =…

Q: a) Using the line drawing tool, add the total cost graph for Stan to produce the assembly instead of…

A: In economics, the concept of total cost refers to the sum of all costs incurred in producing a…

Q: swered Costs per Unit (dollars) 1000 900 800 700 600 500 400 300 200 100 0 4 Average total cost B…

A: In perfect competition, There exists a large number of buyers and sellers. The firm will produce…

Q: What is the overhead cost for a company? The profit desired Labor costs The cost of doing business…

A: Running a successful business involves navigating various costs that contribute to the overall…

Q: True or false  The fixed cost does not alter with the level of output.

A: Cost is the amount of resources, usually expressed in monetary terms, which might be required to…

Q: A short production run with frequent adjustments to machines is considered a(n). process of…

A: The inputs such as capital, labour and land are used to produce and output in the market are known…

Q: Is a farm business considered Land, Labor, Capital

A: Factors of production are the inputs used in the production process and they can be broadly…

Q: tuey the VP for advertising at the Meg-low Mart is trying to sell Meg-Low Mart Body Spray for $1.99…

A: Following is the given information: Given the selling price of Spray = $1.99 per unit Variable cost…

Q: How many units should the firm produce to maximize profit?

A: Profit is maximized at the output level, for for which MR = MC.

Q: Labor Quantity Fixed Cost 1 2 3 4 5 6 16 40 60 72 80 84 $160 $160 $160 $160 $160 $160 Different…

A: Economic costs involve not just the accounting costs but also the opportunity cost of making one…

Q: TV manufacturer can produce 200 TVs in a month at a total $140000 and 400 TVs at a total cost…

A: Given the cost for production of 200 Tvs is $140,000. Therefore, the fixed cost is $140,000 as it…

Q: Calculate total cost when TFC is $200 and TVC is $59

A: It's given that:- Total fixed cost = $200 Total variable cost = $59 We know that:- Total cost =…

Q: What does it mean that “ideally, utilization should be limited by demand and not setup or down…

A: Answer:         Answer is push system.

Q: hat is the difference between capacity and automation.

A: Production is the technique of adding different content and immaterial components to create a…

Q: Clancy lives in San Francisco and runs a business that sells pianos. In an average year, he receives…

A: Explicit cost- Explicit business costs include all transactions relating to production factors used…

Q: When can a business owner be earning a profit but not covering costs?

A: Economic profit refers to the profit that obtained by deducting the implicit cost or opportunity…