need solution will rate. invest bearing assets are commonly called : a. equities

Question

need solution will rate.

invest bearing assets are commonly called :

a. equities

b. loanable

c. none of the above

2..What is the marginal cost in dollars of each of the units between 200 and 300 ?

a. 3

b. 4

c. 5

d. 6

3.

28.What is the total dollar amount of average fixed costs at the production level of 400 units ?

a.10

b. 15

c. 20

d. 25

Consider table 3.1, What is the marginal cost in dollars of each of the units between 200 and 300? ProductionRent Wages Supplies Tools Total Cost funits) $600 50 50 $100 $150 $100 $200 $410 $300 $300 5300 $300$900 300 $1,200 $300 $1,520 $960 100 $1.350 $1,750 5500 2.200 $2,670 00 $30 $1.905 300 $7003 205 $3,750 300 $400 5600 s300-2.3001 s350 $800 Select one c.s

Explanation / Answer

1- interest bearing assets are the ones that gives us interest periodically, lonable funds bear interest, thus answer is B

2- marginal cost is the additional cost of producing an additional unit of a commodity,

here it is 1750-1350/100 = 4

3- average fiixed costs are given by fixed costs divided by output,

at zero level the cost is 600,means fixed cost is 600

thus average is 600/400 = 1.5

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