Refer to exhibit 7-3. what is the average total cost of producing 60 units of output?

Answers

Answer 1
Exhibit 7-3 shows the variable cost is $80. So do 80/60 and your answer is $1.33. 
I dont take your class but Im assuming this is the answer.

Related Questions

Which government agency has the authority to ban or seize potentially harmful products and set severe penalties for violation of the​ law?
a. the food​ & drug administration​ (fda)
b. the consumer product safety commission​ (cpsc)
c. the federal trade commission​ (ftc)
d. the environmental protection agency​ (epa)
e. the small business administration​ (sba)?

Answers

Answer: (a) FOOD AND DRUG ADMINISTRATION (FDA)

Food and Drug Administration (FDA) is a federal agency of the USA that protects and promotes public health. It also looks over food safety, drug safety, etc. various laws are included in FDA such as Public Health Service Act, Federal Anti-Tampering Act, etc.

When elizabeth was asked to be the after-dinner speaker?

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I think the answer your looking for is: entertain

Which of the following defines market research?
A: The process of collecting, storing, and retrieving data in electronic files.
B: The process of dividing a market into categories of of customer types.
C: The process of fixing, adapting, and communicating the nature of the product itself.
D: The study of consumer needs and wants, and the ways in which sellers can best meet them.

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I would say D could be the best answer. 
D. The study of consumer needs and wants, and the ways in which sellers can meet them.

Elaine is upset with her group members because she wanted to lead the group but is not allowed to. She found that other group members are also finding it difficult to adjust in their roles. Which stage of group development is Elaine’s group going through?

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Using Tuckman’s stages of group development, we know that Elaine’s group is going through a stage called storming.

In this stage of group development, aside from having difficulties in adjusting to their roles, Elaine’s group and group members would also experience disagreements regarding priorities, tensions between one another, hostility with each other, and there would also be cliques forming inside the group.

Answer:

storming

Explanation:

plato

Instructing your broker to buy or sell a stock at a particular price is a:

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Trading or Marketing guides/instructions

John is a u.s. citizen who bought a house in canada. this purchase will lead to​ a(n) ________.
a. decrease in the gdp of u.s.
b. decrease in the gdp of canada
c. increase in the gdp of u.s.
d. increase in the gdp of canada

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b. decrease in the gdp of canada

Scientists in _______ discover new products and processes and improve current technology.

legal services
research and development
cooperate management
marketing

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The answer would be research and development.

A competitive firm should always continue to operate in the short run as long as

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The competitive firm will be able to continue and to continue in operating in a short run when there is a certain instance of having the marginal revenue of the company or business to be greater than of the average variable cost.

Suppose a country's annual growth rate of real gdp per capita is approximately 2%. by which year would the country double its real gdp per capita from $10,000 in 1950 to $20,000?
a.1970
b.1985
c.2000
d.2005

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It should be 1986, but for the sake of the options it's most likely 1985. You just have to do trial and error. So 10,000 × 1.02^t (where t is the time in years). I've got 1.02 because it's a 2% increase from 100% (Basically decimal form).

If you wanted to find the job description for a certain job, where should you look?

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Decide your job choice.
Find a business that has openings for the jobs.
You can to their online page for information about the job.
Then, you can have a job interview online or face to face.

Garza company had sales of $144,200, sales discounts of $2,175, and sales returns of $3,460. garza company's net sales equals:

Answers

I would say that Garza company would have net sales of $138565 because the sales discounts of $2175 and the returns of $3460 would have to be subtracted from the total $144,200 to get the $138,565 actual net income to Garza. 

Garza Company's net sales are calculated by subtracting sales discounts and sales returns from the total sales, resulting in net sales of $138,565.

The student has asked to calculate the net sales for Garza Company. To compute the net sales, we must subtract both sales discounts and sales returns from the total sales. Here, Garza Company's total sales amount to $144,200, sales discounts are $2,175, and sales returns are $3,460.

Net sales = Total sales - Sales discounts - Sales returns

Net sales = $144,200 - $2,175 - $3,460

Net sales = $144,200 - $5,635

Net sales = $138,565

Therefore, Garza Company's net sales equal $138,565.

A country’s real gdp rose from 500 to 550 while its nominal gdp rose from 600 to 770. what was this country’s inflation rate?

Answers

The inflation rate is 16.67%. To find this, we first need to compute the GDP deflator for each year and then we need to calculate the percent change in the GDP deflator. The GDP deflator is given by GDPdef=(nominal GDP/Real GDP)*100. For the first year, the GDP deflator is 120. For the second year it is 140. Percent change is given by [(new value - old value)/old value]*100. Plugging in 140 for the new value and and 120 for the old value, we see get that the percent change is 16.6667. Thus the inflation rate is approximately 16.67%.
Final answer:

The inflation rate can be calculated by finding the difference between the nominal GDP growth and the real GDP growth, and then dividing it by the real GDP growth. In this case, the inflation rate is 240%.

Explanation:

The inflation rate can be calculated by finding the difference between the nominal GDP growth and the real GDP growth, and then dividing it by the real GDP growth. In this case, the nominal GDP rose from 600 to 770, which is an increase of 170. The real GDP rose from 500 to 550, which is an increase of 50. Therefore, the inflation rate is (170 - 50) / 50 = 240%.

Use of the gdp deflator allows economists to estimate the real rate of growth of the economy.
a. True
b. False

Answers

I could be very wrong but I think it is true but like I said I could be wrong

What factors are held constant along a given demand curve for a good?
a. the price of the good
b. the technology used to produce the good
c. the supply of the good
d. consumer incomes and the prices of other goods?

Answers

The factors that are held constant along a given demand curve for a good are D. consumer incomes and the prices of other goods.

The party organization is essential because it ______

Answers

The party organization is essential because it helps party candidates win elections

The party organization is essential as it offers structure, supports candidates, and maintains the party's brand, while also facilitating lawmaking and voicing diverse opinions in Congress.

The party organization is essential because it provides the fundamental structure of a political party and encompasses its active members who are responsible for coordinating party behavior and supporting candidates. This organization is essential to the political process as it undertakes the crucial responsibilities of building and maintaining the party's brand, as well as playing a pivotal role in the selection and election of public office candidates. Moreover, it adds to the efficiency and discipline of Congress through organizational structure, aiding in lawmaking and representing the majority and minority opinions within the government.

Ragu, a spaghetti sauce maker, has decided to launch its most popular sauce flavors in a small pouch format that is more convenient to use. when they choose to launch their most popular sauce flavors, which are “tried and true”, instead of new flavors, ragu is seeking to minimize consumers' perception of ________.

Answers

The company is trying to reduce the functional risk to the consumer. When the consumer purchases a smaller pouch of sauce instead of the big jar, they're likely to pay a premium for the smaller amount, but the lowered functional risk involved in not liking a small pouch (and having to discard it) as compared to a 30-ounce jar will be worth the extra price paid.

In the presence of​ shortages, why would a​ firm, such as a restaurant with people waiting for a table or a theater with people waiting for a​ ticket, not raise prices when doing so would seem to increase​ profits?

Answers

This might be seen by customers as trying to take advantage of them. In addition, this might lead to short-run profits, but the bad publicity this could lead to might lead to long-run losses that the company may not be able to recoup.

What is the difference between anomaly based monitoring and signature based monitoring?

Answers

The difference between anomaly based monitoring and signature based monitoring is that with anomaly based monitoring can classify activities as normal or as an anomaly. With signature based monitoring, attacks can only be detected once a signature for that specific attack has been created.

There are several compelling arguments against job discrimination of any kind. utilitarians reject discrimination because

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Discrimination that is not consciously or deliberately sought, but it brought about by stereotypes or as an unintended outcome.

A business subunit that consists of a collection of functions or departments that share responsibility for producing a particular product or service is known as a(n) _____.

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The answer is division. It is essential in business or a company as this carries out a function of having to divide and share tasks and responsibilities of the people and in regards of having to manage the products and services for the market.

how much is percent increase from 200 to 320

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A change from 200 to 320 represents a positive change (increase) of 60%Use the formula found below on this webpage to find the percent change by replacing the given values:Percent change = [(200 - 320) / 200] x 100 = 60 % (increase)Where: 200 is the old value and 320 is the new value. In this case we have a positive change (increase) of 60 percent because the new value is greater than the old value. 
Your Answer Is 60%

A company provides wages to its employees based on the amount workers produce. the more employees produce, the more they earn. this type of plan is called:

Answers

This is known as a commission plan

The type of business plan according to the example above is called a commission plan. Commission plan refers to an arrangement that pays employees based on performance.

 

Further explanation

A commission plan is the best strategy in motivating the employees with an incentive instrument. It is generally payable to an employee to sell some products or services. A commission can be paid a percentage or a flat sum depending on the volume of sales. To calculate commission, you may multiply the relevant commission rate by the basis for a given period.

There are 3 types of commission paid to employees, such as:

• Straight commission

It means the entire commission of the worker is paid based on a proportion of their total sales. For extremely skilled and motivated employees, this can be a very profitable agreement.

• Base salary plus commission

The employee guaranteed base salary, plus a proportion of their revenues in a specified period, it is preferred by many employees. Because it brings benefit to the worker that during slower sales periods they can depend on their basic salary.

• Residual commission

This is prevalent in insurance companies where the employee would still receive a proportion of payments from his/her customers as long as the customer remains with the company.

Learn more

If you’re interested in learning more about this topic, we recommend you to also take a look at the following questions:

• Formula for calculating commission: https://brainly.com/question/6615293  

Keyword: Business plan, business strategy, commission plan

Subject: Business

Class: 10-12

Sub-chapter: Management

List and briefly explain five activities for which a purchasing department normally has responsibility

Answers

They are in charge of controlling the inventory and finding proper storage for their products. They are in charge of determining quantity needs. They are the ones that deal with the suppliers, so they must maintain good relationships with them. They are the ones that select the suppliers and negotiate with them. They also are supposed to maintain records of their inventory.

The primary drawback of the edison talking machine for sound recording was:

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Only one recording of a given sound could be made; copies were not possible. 
Hope this helps! :)

Final answer:

The main drawback of the Edison talking machine was its poor sound quality and difficulty in duplicating recordings, which limited the ability to share sounds widely.

Explanation:

The primary drawback of the Edison talking machine, or phonograph, for sound recording when it was first introduced was its limited sound quality and the fact that the recordings could not easily be duplicated. This made the distribution and widespread sharing of recorded sounds very challenging. At that time, the phonograph used a stylus to trace soundwaves onto a rotating disc or cylinder, which could then play it back, but the technology was not advanced enough to produce high-quality recordings or to facilitate mass production of these recordings. Other technologies, like the daguerreotype in photography, faced similar issues in the early stages, with the inability to reproduce images limiting their use.

The use central bank policies to influence the level of economic activity is called

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The term "monetary policy" refers to what the Federal Reserve, the nation's central bank, does to influence the amount of money and credit in the U.S. economy. What happens to money and credit affects interest rates (the cost of credit) and the performance of the U.S. economy.

Why was money scarce when crops produced a good profit? savestylesformat instructions?

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Although a profitable surplus of products was maintained, money was as scarce in the colonies as it was in England. Whenever gold or silver was earned from exported products, it had to be sent to England to pay debts or to import needed goods. This produced an environment where money was scarce even despite the decent profit earned from crops.

Answer:

Was money scarce when crops produced a good profit? Money was scarce because whenever gold or silver was earned from exported products, it had to be sent to England to pay debts or to import needed goods.

When prisly inc. introduced a liquid detergent in the market, it noticed that the sales of its detergent powder significantly declined. prisly inc.'s loyal customers who previously purchased detergent powder switched to liquid detergent. as a result, prisly inc. was forced to reduce production of its detergent powder. this scenario exemplifies?

Answers

The sales of Prisly Inc.'s detergent powder significantly declined after the introduction of liquid detergent in the market. This exemplifies cannibalization. Cannibalization occurs when sales of a new product cut into sales of a firm's existing products.

Francine installed a new pool for $11,320 using a 12-month deferred payment plan with an interest rate of 20.67%. what is the balance after the deferment period if payments of $436 are made each month?

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$11,320 with its interest rate over the year will be $13659.84. If Francine paid $436 each month for a year he would have paid off $5232 in a year. His debt balance would still be remanding at $8427.84. Francine will have paid off a large amount of his payment plan with the company however he will still be required to spend 18 months or so to pay back what he owes as there was a a 20.67% interest sum added to his payment plan with the company.

Sally runs a hair styling salon. sally is a profit-maximizing owner whose firm operates in a competitive market. the marginal cost of a haircut is $15. what is the maximum wage that sally will pay her stylists?

Answers

There is insufficient information to answer this question

Public goods tend to be _____ because the provider of the good cannot prevent someone from enjoying the good without paying for it, which means the good is

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Public goods are non-excludable and non-rival, which leads to the free rider problem because individuals can benefit from them without paying. Examples include national defense and local streets, typically funded by taxes.

Public goods tend to be non-excludable, meaning that once a public good is provided, no individual can be effectively excluded from its use or benefits. Due to their non-excludable and non-rival nature, they can create a situation where there is an incentive for individuals to not pay for the good since they can benefit from it regardless of their contribution. This contributes to the free rider problem, in which it's difficult for market producers to sell such goods to individual consumers since anyone can use them without bearing the cost.

For instance, national defense is a classic example of a public good. It protects all citizens irrespective of whether they individually contribute to its funding. As a result, public goods like national defense and local streets are typically funded through taxes and provided by the government, thereby solving the free rider problem.

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