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invest in Origin Oil (OOIL) and it costs less than a dollar
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What is the average production cost of a nike sneaker?
10$
What is the average cost for the production of a tv series?
The average cost for the production of a tv series is 2-5 million dollars per episode, with an average of 24 episodes each season. The total for the season on average is about 84 million dollars.
Define average total cost?
Average total cost is the sum of all the production costs divided by the number of units produced.
What causes average fixed cost to decline?
The average fixed cost curve is negatively sloped. Average fixed cost is relatively high at small quantities of output, then declines as production increases. The more production increases, the more average fixed cost declines. The reason behind this perpetual decline is that a given FIXED cost is spread over an increasingly larger quantity of output.
What is average labor cost percentage in a production plant?
please advise the average percentage of manufacturing costs
What are the cause and effects of Eutrophication?
Massive production of Algae
Explain why a firm needs to know its short run production function to be able to calculate the costs of production?
In the fhort-run production, a firm can produce and various its quantities of inputs to maximize its profit in a period of time frame. Variable cost, fixed cost, total average cost, marginal cost ....profit.
Production cost formula?
cost of production formula
When a long-run average cost curve is flat the production process is subject to what?
constant returns to scale
Different types of costs of production?
production cost, selling cost and sundry cost
What is meant by cost of production?
cost of production is the amout of money spend on the production of a perticular comodites.
If a firms enjoys economies of scale?
its average total cost will decrease as production increases question from e2020 test.
