Karen runs a print shop that makes posters for large companies. It is a very competitive business. The market price is currently $1 per poster. She has fixed costs of $100. Her variable costs are $1,500 for the first thousand posters, $1,200 for the second thousand, and then $800 for each additional thousand posters. What is her AFC per poster (not per thousand!) if she prints: a) 1,000 posters b) 2,000 posters c) 10,000 posters
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Karen runs a print shop that makes posters for large companies. It is a very competitive business. The market price is currently $1 per ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
For most products, purchases tend to fall with decreases in consumers' incomes. Such products are known as r: a. inferior goods. b. direct goods. c. average goods. d. normal goods.
Answers (1)
Sales tax is this type of tax because it represents a higher percentage of the income of lower income earners.
Answers (1)
When supply is perfectly elastic, the value of the price elasticity of supply is? a. 0. b. 1. c. greater than 0 and less than 1. d. infinity
Answers (1)
In the United States, a three-pound can of coffee costs about $5. If the exchange rate is 0.8 euros per dollar and a three-pound can of coffee in Belgium costs 7 euros. What is the real exchange rate?
Answers (1)
A good way to add contrast to business documents is to
Answers (2)
New Questions in Business
Which of the following types of business usually has the fastest inventory turnover? furniture store hardware store store that sells consumer electronics grocery store
Answers (2)
A Gantt chart is a horizontal bar chart that shows each work activity on a separate line with the bar placed from the early start date to the early finish date for each activity on a timescale. 1. True 2. False
Answers (1)
You run a small auto service shop. Your fixed expenses per week are $1,000 and your average customer invoice is $500 with an associated marginal cost of $300. What is your weekly break-even quantity?
Answers (1)
Frontera Company's output for the current period results in a $20,000 unfavorable direct labor rate variance and a $10,000 unfavorable direct labor efficiency variance.
Answers (1)
A Lorenz curve showing perfect equality in the distribution of income: A) coincides with the horizontal axis. B) coincides with the vertical axis. C) is a straight line with a 45-degree angle. D) is a curve bowed to the southwest.
Answers (1)