In the short run, a firm's total costs of producing the hundredth unit of output equal $9 comma 000. If it produces one more unit, its total costs will increase to $9 comma 100. What is the marginal cost of the 101st unit of output?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “In the short run, a firm's total costs of producing the hundredth unit of output equal $9 comma 000. If it produces one more unit, its ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
LO 2.1Identify the three primary classifications of businesses and explain the differences among the three.
Answers (1)
If both an asset group and goodwill in one of a company's reporting units have to be tested for impairment, which of the following statements is correct regarding impairment testing and impairment losses? A.
Answers (1)
What happens to price when the cost of resources rise or fall?
Answers (1)
You have been offered a unique investment opportunity. If you invest $10,000 today, you will receive $500 one year from now, $1,500 two years from now, and $10,000 ten years from now.
Answers (1)
What role does specialization play in the productivity of an economy
Answers (1)
New Questions in Business
Katie needed to take out three loans. a) First, she paid $596.24 in interest on a nine-month loan for which the rate was 11%. How much money did she borrow? b) A year later, Katie borrowed $10,000 for three months.
Answers (1)
During the year, total liabilities increased $105,000 and stockholders' equity decreased $83,000. What is the amount of total assets at the end of the year?
Answers (1)
What is cosideration
Answers (1)
With the federal funds rate near zero and the economy still struggling, the Fed began buying 10-year Treasury notes and certain mortgage-backed securities to keep interest rates low. This policy is known as
Answers (1)
Sugar, Inc. sells $529,300 of goods during the year that have a cost of $428,600. Inventory was $30,083 at the beginning of the year and $34,338 at the end of the year.
Answers (2)