Ou can think of the result in any one game as being deborah’s marginal free-throw percentage. based on your previous answer, you can deduce that when deborah’s marginal free-throw percentage is below the average, the average must be . you can now apply this analysis to production costs. for a u-shaped average total cost (atc) curve, when the marginal cost curve is below the average total cost curve, the average total cost must be . also, when the marginal cost curve is above the average total cost curve, the average total cost must be . therefore, the marginal cost curve intersects the average total cost curve

He set of companies a product goes through on the way to the consumer is called the a. economic utility b. cottage industry c. market saturation d. distribution chain

Ursus, inc., is considering a project that would have a five-year life and would require a $1,650,000 investment in equipment. at the end of five years, the project would terminate and the equipment would have no salvage value. the project would provide net operating income each year as follows (ignore income taxes.):

You are working on a bid to build two city parks a year for the next three years. this project requires the purchase of $249,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the three-year project life. ignore bonus depreciation. the equipment can be sold at the end of the project for $115,000. you will also need $18.000 in net working capital for the duration of the project. the fixed costs will be $37000 a year and the variable costs will be $148,000 per park. your required rate of return is 14 percent and your tax rate is 21 percent. what is the minimal amount you should bid per park? (round your answer to the nearest $100) (a) $214,300 (b) $214,100 (c) $212,500 (d) $208,200 (e) $208,400