Farmer McDonald gives banjo lessons for $20 perhour. One day, he spends 10 hours planting $100worth of seeds on his farm. What total cost has heincurred?a. $100b. $200c. $300d. $400
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Farmer McDonald gives banjo lessons for $20 per
hour. One day, he spends 10 hours planting $100
worth of seeds on his farm. What total cost has he
incurred?
a. $100
b. $200
c. $300
d. $400
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- ECONOMICS UPVOTE WILL BE GIVEN. PLEASE CHOOSE THE CORRECT ANSWER. NO LONG EXPLANATION NEEDED. A company produces a single, high-volume product. One year its production volume was 780,000 units, its fixed costs were Php 160 million and its variable costs were Php 800 per unit. What was the company's average cost per unit produced? A. Php 1,005.00 B. Php 205.00 C. Php 800.00 D. Php 1805.00No. of workers Output Fixed cost Variable cost = 30 x workers TC =FC +VC 0 0 30 0 30 1 50 30 30 60 2 90 30 60 90 3 120 30 90 120 4 140 30 120 150 5 150 30 150 180 true or false Grade It Now Save & Continue Continue without savingDo step by step. No excel pls
- Green Bank employs three loan officers, each working eight hours per day. Each officer processes an average of five loans per day. The bank’s payroll cost for the officers is $820 per day, and there is a daily overhead expense of $500. labor and multifactor productivity will be: Select one: a. Non of choices. b. labor productivity 0.630, multifactor productivity 0.0125. c. labor productivity 0.640, multifactor productivity 0.0135. d. labor productivity 0.625, multifactor productivity 0.0113.ECONOMICS UPVOTE WILL BE GIVEN. PLEASE CHOOSE THE CORRECT ANSWER. NO LONG EXPLANATION NEEDED. A company produces a single, high-volume product. One year its production volume was 780,000 units, its fixed costs were Php 160 million and its variable costs were Php 800 per unit. What was the company's total cost for the year? A. Php 160,000,000 B. Php 160,000,800 C. Php 624,000,000 D. Php 784,000,000Answer all plz, i vll definitely share positive feedback and vll definitely give upvote..... Asap plz
- Please explain step by step, (Engineering Econ)1. A motor vehicle assembly plant requires the use of both capital and labour. The Telsa manufacturing plant is considering increasing the number of workers to increase production. Does diminishing returns hold in this scenario. a) Does the Diminishing returns hold in this scenerio? YES/ NO b) ExplainA firm in a purely competitve industry has a typical cost structure. The normal rate of profit in the economy is 7 percent . This firm is earning $15 on every $150 investe by its founders. a. What is its percentage rate of return? b. is the firm earning an economic profit? If so, how large?
- Q40 Which of the following paired concepts are equivalent to each other? a. Increasing returns; diseconomies of scale. b. Constant costs; economies of scale. c. Increasing costs; economies of scale. d. Increasing returns; increasing costs. e. Increasing returns; decreasing costs. Clear my choiceECONOMICS UPVOTE WILL BE GIVEN. PLEASE WRITE THE SOLUTIONS LEGIBLY. NO LONG EXPLANATION NEEDED. An ice cream producer has fixed costs of Php 3,500,000 per month, and it can produce up to 15,000 ice cream tubs per month. Each tub costs Php 500 in the market while the producer faces variable costs of Php 150 per tub. a. What is the economic breakeven level of production? b. Calculate the ice cream producer’s monthly profits at full capacity. c. What would happen to the monthly profits if another ice cream producer entered the market, driving the price of ice cream tubs down to Php 350 per unit?EXAMPLE 1.2 Consider the following data of a company for the year 1997:Sales = $ 1,20,000Fixed cost = $ 25,000Variable cost = $ 45,000Find the following:(a) Contribution