Table 13-8 quantity of output fixed cost variable cost 0 $20 $0 1 $20 $10 2 $20 $40 3 $20 $80 4 $20 $130 5 $20 $200 6 $20 $300 refer to table 13-8. what is the average fixed cost of producing 5 units of output?

a. $44

b. $5

c. $4

d. $40

In 3 or 4 sentences, explain how increasing the money supply can result in economic growth.

Early Conceptualists reacted to the burgeoning art market by 1. attempting to eliminate the art object. 2. bringing trash bags to art receptions and taking all the food home. 3. imitating the mass-produced objects of popular culture. 4.

How does the market determine the price and the quantities supplies and demanded?

Kiosks and carts are ideal locations for 1. clothing outlets. 2. pop-up retailers. 3. hair salons. 4. manufacturing plants.

One of the main differences between residential mortgage loans and permanent financing of commercial real estate lies in the allocation of liability in the case of default.

Halestorm Corporation's common stock has a beta of 1.13. Assume the risk-free rate is 4.8 percent and the expected return on the market is 12.3 percent. What is the company's cost of equity capita?

A monopoly creates a deadweight loss to society because it produces less output than the socially efficient level. a. true b. false

A company sells two products with information as follows: A B Sales price per unit $12 $22 Variable cost per unit $10 $10The products are machine made.

The structural support structure must lift the pipeline above the ground to allow free passage of wildlife under the pipeline. The loading on each truss support must be determined by calculating the weight of oil and of the pipe over each support.

How is a gas different from a solid or a liquid? A. A gas is made of tiny particles. B. A gas has volume. C. A gas expands to fill the container. D. A gas has density. TY