Answer: D. finance
When budgets and information about costs and asset allocation is prepared for use by the managers of a business, which functional area is responsible for these items?
A. pay-off
B. constant
C. refund fraction
D. finance
Economics
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If you know that when a firm produces 8 units of output, average fixed cost is $12.50 and average variable cost is $81.25, then the average total cost associated with this output level is
A. $880.00. B. $97.78. C. $750.00. D. $93.75.
Economics
An increase in the price of pineapples will result in
A) a decrease in the demand for pineapples. B) an increase in the supply of pineapples. C) a larger quantity of pineapples supplied. D) a smaller quantity of pineapples supplied.
Economics
Assuming the firm in the graph shown is producing Q1 and charging P3 in the long run, then the deadweight loss is
These are the cost and revenue curves associated with a firm.
A. Area A.
B. Area B.
C. Area C.
D. There is no deadweight loss.
Economics
Most economists believe that technology ______.
a. drives productivity and growth b. increases natural resources c. hinders physical capital d. limits free markets
Economics