Answer:
The average total cost of production will decrease.
Explanation:
Average total costs consists of total fixed cost plus the total variable cost divided by the number of output/unit produced.
Now, since the fixed cost is fixed and doesn't change due to the change in output, the fixed cost per unit or the average fixed cost will decrease when the output will increase. Hence, resulting in the decrease of the average total cost of production.
I hope I cleared your concept above.
Best of luck and Good luck.
A purchasing department may have difficulty getting a product quickly as it may not be readily available so may have to wait for it and also, there may be a problem getting a product at a reasonable price which means the purchaser would have to search elsewhere for it which could take time.
Answer:
I would rather sign a contract with talent for a relatively short period say 5 months where I would pay $5000 per month or I would increase the amount paid for the painting to $10000 or $15000
Explanation:
A huge momentarily reward can blind long term gain and during this period.
Answer:
Yes you have violated ethical standards
Explanation:
The companie's policy is that all expenses must be reported. The taxi fare plus the tip were just $10 but you intend to report $20.
The company policy of not having to give receipt of amounts less than $25 is being manipulated to extort money from the company.
You were involved in a unethical practice where transport fare is reported as $20 instead of $10 for personal gain of the extra $10.
Answer:
The answer is 13500$.
Explanation:
a) at P = 150$, Qd = 80.
b) at P = 150, Qs = 20.
c) produce surplus = 1/2 x 20 x (150 -100)
= 500$.
d) at equilibrium, P = 250 $
= 1/2 x 60 x (550 -100)
= 13500$.
