Average fixed cost A. increases as output rises. B. remains constant as output rises. C. equals marginal cost for the first unit of output. D. decreases as output rises.

Related Questions

• Why and how are customers critical to the supply chain in terms of sustainability?
• A security policy provides a high-level overview of the goals of security and the details of how to implement security techniques. O True O False
• To ensure respect and mutual cooperation among all parties and leverage such cooperation to achieve operational goals, combatant commanders should use _____.
• Deep South Sounds would like to spend $189,000 for new sound equipment. However, the company has a major loan maturing 3 years from today and needs this money at that time to avoid bankruptcy. The sound equipment is expected to increase the cash flows by $45,000 in the first year, $92,400 in the second year, and $40,000 a year for the following 3 years. Should Deep South buy the sound equipment at this time? Why or why not?
• The dry cleaning industry is in monopolistic competition. In the short​ run, the​ profit-maximizing price is​ $10 per item and the average total cost is​ $6 per item. In​ long-run equilibrium, the​ profit-maximizing price is​ $8 per item. In​ long-run equilibrium, what is the economic profit of a firm in the dry cleaning​ industry? In​ long-run equilibrium, the dry cleaning firm makes ​$ nothing economic profit.
• 6. Financially, why would a company: (a) increase its dividend; (b) buy back its common stock shares; (c) pay down its debt; (d) boost its use of internal financing; (e) privatize?
• Which of the following best describes message flows? a) Message flows represent exchanges between pools. b) Message flows may not cross pool boundaries. c) Message flows are modeled with solid arrows. d) Message flows may not cross lane boundaries. e) Message flows are continuous within each pool.
• Rayya Co. purchases a machine for $159,600 on January 1, 2019. Straight-line depreciation is taken each year for four years assuming a eight-year life and no salvage value. The machine is sold on July 1, 2023, during its fifth year of service.Prepare entries to record the partial year’s depreciation on July 1, 2023, and to record the sale under each seperate situation. (1) The machine is sold for $79,800 cash. (2) The machine is sold for $67,032 cash.
• Rob Herndon, an accountant with Southwest Airlines, wants to retire 50% of Southwest Airlines bonds by 2038. Calculate the payment Rob needs to make at the end of each year at 6% compounded annually to reach his goal of paying off $300,000 in 20 years.
• If economic globalisation is inevitable, it should primarily serve humanity rather than the interests of transnational corporations. A. Strongly disagree B. Disagree C. Agree D. Strongly Agree