The average total cost curve will be cut by the marginal cost curve from below as long
Question:
The average total cost curve will be cut by the marginal cost curve from below as long as
a. Fixed costs are rising.
b. Average costs are decreasing.
c. Marginal costs eventually increase.
d. Marginal costs continually decrease.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (12 reviews)
c Marginal costs eventually increase Explanation Average tot...View the full answer
Answered By
Sathyamoorthy Ramanathan
I have 8 years of experience in all facets of Finance and Accounts management with a record of excellence in Costing, Final Accounts, Statutory Auditing and MIS & Reporting. Currently, I am employed with TCI Sanmar Chemicals SAE, as Section Leader – Accounts, Port Said, Egypt.
I have completed my Bachelor of Commerce from Bharathidasan University and ICWAI (Accounts & Finance) from the Institute of Cost Accountants of India. My education and experience have enabled me to perform superior analytical, problem-solving skills to analyze complex situations and apply innovative solutions. I work confidently and efficiently with applications like SAP ECC 6.0& FICO, Tally 9.0 and MS Office Suite.
I have expertise in a range of accounting areas, including the following:
• Monthly, Quarterly and Other Periodic Activities
• Budget and Variance Analysis
• Reconciliation and Expense Reporting
• Accounts Payable & Accounts Receivable
• Business Accounting Process Improvements
• Month-end analysis and reconciliation
• Generally Accepted Accounting & Non-Profit Accounting Principles
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Multiple Choice Questions: 1. Total fixed costs a. Do not vary with the level of output. b. Cannot be avoided in the short run without going out of business. c. do not exist in the long run. d. Are...
-
Changes in the prices of key commodities can have a significant impact on a company's bottom line. According to a September 27, 2007, article in the Wall Street Journal, "Now, with oil, gas and...
-
Labor costs represent a large percentage of total costs for many firms. According to a July 29, 2011, Wall Street Journal article, U.S. labor costs were up 0.7% during the second quarter of 2011,...
-
Show how to modify the topological sort algorithm so that if the graph is not acyclic, the algorithm will print out some cycle. You may not use depth-first search.
-
Describe a back-end load, a low load, and a hidden load. How can you tell what kinds of fees and charges a fund has?
-
Show that for the bivariate normal distribution (a) independence implies zero correlation; (b) zero correlation implies independence.
-
Plevna Manufacturing makes and distributes small prefabricated homes in kits. The kits contain all pieces needed to assemble the home. All that is required is that the builder erect the home on a...
-
Vaughn Corporation has 73,000 shares of common stock outstanding. It declares a $2 per share cash dividend on November 1 to stockholders of record on December 1. The dividend is paid on December 31....
-
Refer to the HR Report section of the Inquirer. Baldwin spends $485,492 on various HR initiatives. What percentage of this expenditure is dedicated to training its employees? Select: 1 58.2% 64.7%...
-
Authors are typically paid for their work a. Based on a percentage of sales at college bookstores. b. Based on a percentage of the sales from publishers to bookstores. c. According to a fixed amount...
-
Draw a Lewis structure of a carbon atom that has one extra valence electron (and therefore bears a negative charge). Which second-row element does this carbon atom resemble in terms of the number of...
-
Predict the major products of the following reactions, including stereochemistry. (a) cyclohexene + KMnO4 / H2O (cold, dilute) (b) cyclohexene + peroxyacetic acid in water (c) cis-pent-2-ene + OsO4/...
-
Implement the following methods, each of which takes as its argument a Node that is the root of a binary tree. Your methods should all run in linear time. int size() int leaves () double total()...
-
Calculate the probability that no triple among \(n\) random 32-bit integers sums to 0. Extra credit: Give an approximate formula for the expected number of such triples (as a function of \(n\) ), and...
-
In data compression, a set of strings is prefix-free if no string is a prefix of another. For example, the set of strings \(\{01,10,0010,1111\}\) is prefix-free, but the set of strings...
-
Write a program SubsetSum that reads 1ong integers from standard input, and counts the number of subsets of those integers that sum to exactly zero. Give the order of growth of the running time of...
-
Modify BST to add a method rangeSearch () that takes two keys as arguments and returns an iterable over all keys that are between the two given keys. The running time should be proportional to the...
-
Draw the graph of a function for which the conclusion of the Mean Value Theorem does not hold.
-
What kind of financial pressures can an LBO cause?
-
Distinguish between the following pairs of items that appear on operating statements: (a) Gross sales and net sales, (b) Purchases at billed cost and purchases at net cost.
-
How does gross margin differ from gross profit? From net profit?
-
Explain the similarity between markups and gross margin. What connection do markdowns have with the operating statement?
-
Using the following information: a. The bank statement balance is $3,048. b. The cash account balance is $3,300. c. Outstanding checks amount to $755. d. Deposits in transit are $809. e. The bank...
-
Determine the average tax rate and the marginal tax rate for each of the following instances: Use the Tax Tables for taxpayers with taxable income under $ 1 0 0 , 0 0 0 and the Tax Rate Schedules for...
-
A machine was bought on 1 st January 2 0 1 7 for $ 1 2 , 0 0 0 . The policy is to depreciate the machine at 1 0 % on reducing balance method at the end of each year, ending on 3 1 st December....
Study smarter with the SolutionInn App