The lowest number. An average would be somewhere around the middle.
The long run average total cost curve is the lowest average total cost for producing each level of output. It depicts the per unit cost of producing a good or service in the long run when all inputs are variable.
When the marginal cost is below the average total costs or the average variable costs,then the AC would be declining.When marginal cost is above the average cost then the average cost would be increasing.Therefore the marginal cost should intersect with the average cost at the lowest point in order to pull the average cost upwards.
law of comparative advantage(Kaylop)
a costing system that does not divide cost by function or allocation or een by each part of the manufacturing process. it takes a total cost and divides it by each part of the process. so essentially each part of the manufacturing process is assigned an equal estimated cost.
what is the differnce between total cost ownership and procurement under the lowest purchasing price philosophy?
The lowest number. An average would be somewhere around the middle.
Margianal cost curve crosses the average total cost curve at the lowest point on the average total cost curve to be socially and ecomonical efficient.
Total Manufacturing Cost = Cost of good manufactured + Closing Balance - Opening Total Manufacturing Cost = 170000 + 15000 - 5000 Total Manufacturing Cost = 180000
The total tax is $4.95 and the total price with tax is $103.95.
The Process Cost Sheet also called Cost of Production Report is the basic document in process costing. This document is prepared for each department and shows the quantities processed, total and unit cost, and cost of work transferred out, and still in process.
“What is the lowest cost for one day dentures”
The long run average total cost curve is the lowest average total cost for producing each level of output. It depicts the per unit cost of producing a good or service in the long run when all inputs are variable.
The lowest cost is $10.
When the marginal cost is below the average total costs or the average variable costs,then the AC would be declining.When marginal cost is above the average cost then the average cost would be increasing.Therefore the marginal cost should intersect with the average cost at the lowest point in order to pull the average cost upwards.
what is the lowest cost for dentures in wichata kansas what is the lowest cost dentures near eldorado kansas 67042 what is the cost of dentures in wichata kansas
you have to subtract the cost at the lowest activity from the cost the the highest activity then subtract the lowest activity from the highest activity and divide both answers you got. in that way you find the variable cost.