Q: ATC is: a. AVC − AFC. b. MC + AVC. c. AFC + AVC. d. (AFC + AVC) + Q.
A: Cost is the expenditure incurred by firms on the production of goods and services.
Q: In which of the service system does the customer affect the time of demand a. Low degree of customer…
A: In a market, when peope enter to make demand for goods and services, there are various factors that…
Q: A decision or choice that is made after optimization analysis ________.
A: Optimization refers to making the choice of best option from the available options.
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: During short period, diminishing returns may follow because
A: To find : What results in following diminishing results.
Q: When graphing the NTR and BL lines: Multiple Choice Both begin above the graph's origin. The NTR…
A: The amount collected after the relevant tax has been deducted from gross income is referred to as…
Q: Other things being the sam Multiple Choice decreases in increases ir increases in decreases
A: Inelastic demand curve of labor shows that small changes in labor price or wages wont effect the…
Q: Leasing a car might be a good option for someone who O wants to customize their car O drives a lot…
A: Leasing a car means getting a car on rent.
Q: impacts of Covid 19 on Hospitality Industry? explain in paragraphs, the citation includes...
A: Coronavirus is a test to both our lives and jobs. The emergency is exceptional and moving rapidly,…
Q: specifying a time frame for making the decision. scheduling a follow-up meeting. using trial closes.…
A: Objection handling is the point at which a possibility presents a worry about the…
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: pharaphase the given decision making process The most complex type of buying behavior, extended…
A: Decision making refers to a cognitive process in which an individual chooses a course of action,…
Q: evune focus
A: Economics refers to the social science that studies the production, distribution, and consumption of…
Q: The number of units that minimizes the average cost is
A: The average cost is the cost computed by diving the total cost of production by the total quantity.
Q: Concent of competitive advantag the aspect of qualify LOW COST technology and other
A:
Q: Site for 2 research works that have used interviews and/or focus groups as a data-gathering tool.…
A: The use of qualitative research in dentistry is becoming more common. The most prevalent qualitative…
Q: A firm's decisions are ultimately oriented toward: -increasing total revenue -minimizing the…
A: When an individual participates in the market as a supply-side participant, he has to deal with…
Q: At high levels of disposable income Multiple Choice both the APC and APS are high.
A: Disposable income is income minus tax. ---------------------------------------------- Average…
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: You have the intention of buying a new mobile phone, how are you going to select the best mobile…
A: Mobiles can be selected based on cost-benefit analysis and personal preferences.
Q: Emery Entrepreneur purchases a laptop computer for $1995 from the local Better Buy electronics…
A: Loan refers to the lending of money from a lender which is usually a financial firm or bank to a…
Q: ATC is: a. AVC − AFC. b.MC + AVC. c. AFC + AVC. d. (AFC + AVC) + Q.
A: Total cost is calculated by taking the sum of two components or variables is a fixed cost and…
Q: It is the highest-valued alternative, forgone, that is the ________ of the thing that you choose to…
A: Economics is a discipline that works on an assumption that the consumers are the rational beings in…
Q: Why do businesses offer “Buy one, get one for half price” sales when they could just sell each unit…
A: Businesses or firms give offers such as buy one get one free or 50 % off just to attract new…
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: The total benefit of a 3.0GHZ computer is:
A: So we need to find total benefit of a 3.0GHz computer.
Q: What are the factors that influence a company’s cost ofcapital?
A: Cost of capital- It is the cost of the funds of a company or, from the point of view of an investor,…
Q: will a supplier be able to reduce its cost structure through additional volume?
A: Yes, a supplier or producer will able to reduce its cost structure through additional volume. But it…
Q: An office suffers a fire. This being short incurs $10,000 in extra expenses during the first month…
A: At a marketplace, firms generally buy insurance for their assets to protect themselves from any…
Q: If TC = 12q - 12q2 +32q + 32 and have a budget of 100000$, how many units we can produce and stay…
A: It is given that: TC = 12q3 - 12q2 + 32q + 32 The budget is $100,000
Q: Cost savings may be ________________ such as lower prices paid, or ______________ such as increased…
A: There are 6 types of cost cost savings : Historic saving Budget savings Technical savings RFP…
Q: Storage management over the cloud is known as:
A: Storage management is referred to as the management of the storage of computer data, like memory…
Q: The endpoint method computes the percent change as a percent of the starting value. The endpoint…
A: Price elasticity of demand refers to the responsiveness of quantity demanded to a change in the…
Q: A company's profit margin per unit sold equals: total revenue minus total cost. average cost minus…
A: Total cost is the overall cost incurred in the course of production.
Q: If a firm wanted to reduce the annual EOQ cost as a percentage of the annual purchasecost by 50…
A: Economic Order Quantity is the number of goods that a company should purchase to manage or minimize…
Q: Is the cost of the final product proportionate to its usefulness?
A: Cost is the value of money which has been used up for producing something or delivering a service…
Q: Process mapping is a tool that reduces processes to their component parts or activities and helps…
A: Process mapping is the graphical representation with illustrative descriptions of how things get…
Q: The measure of the effectiveness of an investment of capital. The quantity of production at which…
A: Explanation - Breakeven point as the name suggests, is the level of production at which the total…
Q: The endpoint method computes the percent change as a percent of the starting value. | The endpoint…
A: Price elasticity of demand indicates the responsiveness of quantity demanded to a change in the…
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: Expenditures for office supplies, electricity, and internet connection are part of Fixed Costs
A: Cost refers to the total expenses that incur in a process of production of goods and services.
Q: Isocost line and least-cost combination
A: In economics, an isocost line represents all input combinations with the same total cost. The usage…
Q: Which of the following is included in money cost ? (a) Normal Profit
A: The expenses that a firm incurrs in order to produce a commodity is known as money cost or nominal…
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- An efficiency wage premium is a good way for a firm to reduce shirking if A. the cost of the higher wage is less than the value added from increased productivity. B. the cost of monitoring the employee is very low. C. the fired employees due to shirking can easily find a job with the same high wage premium. D. the employees are concerned that the firm may lay them off for cost reduction.Why the hospitality industry is important to the society? What are the advantages of working in hospitality sector? your answers should be in essay format, 3-5 sentences.Site for 2 research works that have used interviews and/or focus groups as a data-gathering tool. Indicate what type of interview is been used.
- Draw a graph to explain as well Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure.Graph the answer Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.. Average revenue is. A) price multiplied by the number of units sold. B) the extra revenue gained by selling one more unit. C) total revenue divided by the number of units sold. D) expected sales revenue in an average week, month or year.
- In the event of the death of a licensee, a temporary license may be issued to which of the following persons? A field representative The licensee's business partner Surviving spouse A purchaser of the business entityAnswer it correctly with proper explanation. Zero plagiarised answer please.need help with the graphs Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.