Amanufacturing firm is considering two locations for a plant to produce a new product. the two locations have fixed and variable costs as follows: locationfc (annual)vc (per unit) atlanta$80,000 $20 phoenix$140,000 $16 at what annual output would the company be indifferent between the two locations?

Highland company produces a lightweight backpack that is popular with college students. standard variable costs relating to a single backpack are given below

What is the difference between total utility and marginal utility? a. marginal utility is subject to the law of diminishing marginal utility while total utility is not. b. total utility represents the consumer optimum while marginal utility gives the total utility per dollar spent on the last unit. c. total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good. d. marginal utility represents the consumer optimum while total utility gives the total utility per dollar spent on the last unit.

Abus pass costs $5 per week. which of the following equations shows the total cost in dollars, t, of the bus pass for a certain number of weeks, w? t = 5w w = 5t t = 5 + w w = 5 + t