Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a firm is currently producing 10 units. its fixed

A firm is currently producing 10 units. Its fixed costs are $100 and its variable...

60.1K

Verified Solution

Question

Accounting

A firm is currently producing 10 units. Its fixed costs are $100 and its variable costs are $40. When it produces 11 units total cost increases to 147. From this we can deduce that the marginal cost of the 11th unit equals_____________ A.none of the above B.14.7 C 147 D.7

image

Question 1 A firm is currently producing 10 units. Its fixed costs are $100 and its variable costs are $40. When it produces 11 units total cost increases to 147. From this we can deduce that the marginal cost of the 11th unit equals_ A. none of the above B. 14.7 C. 147 D. 7

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Use the following information for the next four problems. A researcher is interested in estimating the mean...

Statistics
Q

Match each term to the correct definition. A. Chemical separation B. Gravity filtration C. Physical separation D. Vacuum filtration E....

Chemistry
Q

Describe and explain the following list of reception/office administration duties in your own words( paraphrase) and...

General Management
Q

Consider the following non-homogeneous linear recurrence: an =?an-1 +6an-2+125(8+1)·(n+1)·2n a0 = 0 a1 = 0 (b) Find the solution an(h) to...

Advance Math
Q

After pyruvate is formed it must either be converted to another molecule to enter the...

Biology
Q

13. A cone with a radius of 6 meters has a volume of 542.87 m....

Basic Math
Q

9 Evaluate lim h 0 tan TT 4 h 1 derivative

Calculus
Q

Compare the transaction information and the transaction as captured in Sage and state, what was...

Accounting
Q

James and Jane Erickson were very happily married for 35 years, until James had a...

Accounting
Q

Ms. Sarah Davies and her spouse, John, have 2015 medical expenses which total $4,330. While...

Accounting
Q

50. Is the following scenario correct about credits that affect tax liability? A taxpayer filing...

Accounting
Q

Im having difficulties with this accounting problems. ...

Accounting