Homework Answers
Supplies consumed per unit = (500 - 300) / (200 - 150)
= 200 / 50
= 4
Predicted supply expense = 175 units of output * 4 supplies consumed per unit * $12 per unit
= $8,400
The answer is E.
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Question 22 gs 16 pts 22. If 500 units of supplies are consumed when output is...
rdings Question 23 1.6 pts 23. If 500 units of supplies are consumed when output is...
rdings Question 23 1.6 pts 23. If 500 units of supplies are consumed when output is at its high of 200, and 300 supply units are consumed during the low month when 150 units of output were produced, what will be the predicted consumption of supplies when output is 175 units using the high/low method? D.$5400 E. None of the Above OA $4200 B. $4500 O C. $4800
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pts 220 6 160 Q 50,000 Q 30.000 50 Q 10,000 350 500 800 1.100 Units of labor The price of capital is $500 per unit. 350 500 800 Units of labor 1,100 The price of capital is $500 per unit. Between 30,000 and 50,000 units of output, how much does each additional unit of output add to long-run total cost? $1.50 O$300 $30,000 O$2.45 none of the above
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Question 26 1 pts Output Fixed (Q) Costs $500 Variable Costs $200 Total Costs Average Fixed...
Question 26 1 pts Output Fixed (Q) Costs $500 Variable Costs $200 Total Costs Average Fixed Average Average Total Marginal Costs Variable Costs Costs Costs $800 $75 $875 $925 $100 $625 What is the fixed cost of producing 3 units of the good? O $700 O $500 O $875 $375 $1,000
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