What is long run cost - Study guides, Class notes & Summaries
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ECS2601 Assignment 4 Semester 2 (ANSWERS)
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ECS2601 Assignment 4 Semester 2 (ANSWERS) 
 
Question 1 
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Question text 
When a profit-maximising firm is at its short run optimum, 
a. 
none of the options will be true. 
b. 
the average cost of the product is at its lowest possible point, whether a profit is being made or not. 
c. 
the profit per unit of output will be at its maximum possible level. 
d. 
the firm will be shut down if its price is less than the average fixed cost. 
Question 2 
Comp...
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CLC 056 exam Analyzing Contract Costs Exam (contains 55 questions) Answered
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CLC 056 exam Analyzing Contract Costs Exam (contains 55 questions) • Here is your test result.The dots represent the choices you have made. • The highlighted questions are the questions you have missed. • Remediation Accessed shows whether you accessed those links.'N' represents links not visited and 'Y' represents visited links. The offeror customarily treats similar costs as “other direct costs” under similar circumstances The proposed cost benefits only the proposed contract work Th...
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Business Major Field Test questions and answers 2024 latest update already graded A+
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Accounting: What costs should be considered when making non-routine decisions? (3) 
The price of material, Factory overhead costs, and the price of labor 
 
 
 
Accounting: Total product/ units produced and sold equals?? 
Product Cost per Unit 
 
 
 
 
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Accounting: What is a general explanation of what the contribution margin is? 
The difference between variable costs subtr...
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2023 AQA AS ECONOMICS 7135/1 Paper 1 The Operation of Markets and Market Failure Question Paper & Mark scheme (Merged) June 2023 [VERIFIED]
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2023 AQA AS ECONOMICS 7135/1 Paper 1 
The Operation of Markets and Market Failure 
Question Paper & Mark scheme (Merged) June 
2023 [VERIFIED] 
Candidate number 
I declare this is my own work. 
AS 
ECONOMICS 
Paper 1 The Operation of Markets and Market Failure 
Monday 15 May 2023 Morning Time allowed: 1 hour 30 minutes 
Materials 
For this paper you must have: 
• the Insert 
• a calculator. 
Instructions 
• Use black ink or black ball-point pen. Pencil should only be used for drawing. 
...
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Michigan Builders License Exam Questions With Correct Answers
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Created to serve as a complete, comprehensive code regulating the construction of single-family, two-family and buildings consisting of three or more townhouse units. - Answer IRC (International Residential Code) 
 
Administrative - Answer First 2 chapters of code book are 
 
True - Answer Plans or supporting documents are almost always required by the controlling authority prior to issuing a permit. T or F 
 
Yes - Answer Does the building official have the authority to render interpretations o...
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NERC Final Assessment Exam Correct answers (Already GRADED A)
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When using a dynamic schedule and the energy profile in an hour is >250 MW and the actual hourly integration deviates from the hourly energy profile by ____ the tag must be modified. 
A. 100 MW 
B. 10% 
C. 50 MW 
D. 25% 
B. 10% 
 
 
Dry steam plants, flash steam plants, and binary cycle power plants are the three main types of what kind of generating plant? 
A. Nuclear generators 
B. Combustion turbine generators 
C. Geothermal generators 
D. Hydroelectric generators 
C. Geothermal generators...
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ECS2606 EXAMINATION ANSWERS 25 OCTOBER 2023 QUALITY ANSWERS
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Questions 
Read the passage below and answer the questions that follow. 
“This rising demand for motorised boating activities at many South African estuaries is causing 
problems for the visitor as well as for the environment. These issues have led to calls for action 
by certain interested parties to regulate access (Lee et al., 2015)” 
1. Mention three different types of impact analysis and briefly describe the type of impact 
analysis that applies to the passage above. [5] 
 
2. Descr...
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ETS MFT BUSINESS EXAM | Answered Correctly! Summer 2022-23.
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ETS MFT BUSINESS EXAM 
 
The principal difference between variable costing and absorption costing centers on: 
 
a) whether variable manufacturing costs should be included as product costs 
 
b) whether fixed manufacturing costs should be included as product costs 
 
c) whether fixed manufacturing costs and fixed selling and administrative costs should be included as product costs 
 
d) none of these. 
 
General Bikes is debating which marketing research options to employ. The traditional p...
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WGU D103 Intermediate Accounting 1: Units 2-4 Pre-Assessment 100% Solved
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WGU D103 Intermediate Accounting 1: Units 2-4 Pre-Assessment 100% Solved Report a $3500 sale on account Debit: Accounts Receivable $3500; Credit: Service Revenue $3500 
Journalize depreciation for the equipment that is $5,000 Debit: Depreciation Expense $5000; Credit: Accumulated-Depreciation Equipment $5000 
Journalize the adjusting entry for an employer that owes $1300 for payroll on Jan 10, 2021, for the payroll period ending December 31, 2020. Debit: Salaries and Wages Expense $1300; Credit:...
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Michigan Residential Builder's License Test With Correct Solution
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What is the 1st offense penalty for engaging in the practice of residential building without a license? - Answer Not less than $5K and not more than $25K and/or 1 year 
 
What is the penalty for engaging in the practice of residential building, resulting in a death? - Answer Not less than $5K and not more than $50K and/or 4 years 
 
On your individual builder's license application, what should you write as your "business address"? - Answer Your personal address 
 
What is the cost of the indi...
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