Given that fixed costs are constant as output increases, average fixed costs are also constant.

a. True

b. False

The Toys-R-Us Toy Company can produce 500 water pistols for a total cost of $1,400. If the variable cost of producing 500 water pistols is $1,300 then A. fixed cost must be $100 B. marginal cost must be $1,300 C. marginal cost must be increasing D.

If bonds are originally sold at a discount using the straight-line amortization method: question 4 options: a. unamortized discount is added to the face value of the bond to determine its carrying value. b.

What are the three main characteristics of most of the 1 billion malnourished people in the world?

All of the following should be considered before enrolling in a 529 plan except which

Match the use of GDP data to the appropriate situation. measuring long-term economic growth measuring business cycles measuring living standards 1.

On October 6, 2018, the Elgin Corporation signed a purchase commitment to purchase inventory for $81,000 on or before March 31, 2019. The company's fiscal year-end is December 31.

The manager of a large apartment complex knows from experience that 100 units will be occupied if the rent is 400 dollars per month.

Frito-Lay produces more than 20 varieties of chips. Suppose a retail store offers to stock five of Frito-Lay chips products in each store across the country.

Which would not be considered as capital by an economist? a crane used by a building contractor an automobile used by General Electric a share of corporate stock issued by General Motors a razor used by a barber

An example of an institutional coi is: the organization gives scholarships to some post-doctoral researchers an industry sponsor pays for the construction of a new research laboratory at the organization one of the organization's deans is the