Given the following information about the cost function for Bob's Beautiful Bowling Balls:
Output Total Total Total Average Average Average Marginal
Fixed Variable Costs Fixed Variable Total Cost
Costs Costs Cost Cost Cost
1 10 60
2 100
3 120
4 128
5 180
6 252
7 316
8 436
Which of the following is true?
1. The total cost of producing 5 units is $230.
2. AVC falls through the first five units of output.
3. The marginal cost of the 4th unit is lower than for any other unit.
4. The average fixed cost of producing 3 units is $200.
5. None of the above is true.

Sauer food company has decided to buy a new computer system with an expected life of three years. the cost is $440,000. the company can borrow $440,000 for three years at 14 percent annual interest or for one year at 12 percent annual interest. assume interest is paid in full at the end of each year. a. how much would sauer food company save in interest over the three-year life of the computer system if the one-year loan is utilized and the loan is rolled over (reborrowed) each year at the same 12 percent rate? compare this to the 14 percent three-year loan.

Interpreting the income tax expense footnote the income tax footnote to the financial statements of fedex corporation follows. the components of the provision for income taxes for the years ended may 31 were as follows: ($ millions) 2010 2009 2008 current provision domestic federal $ 36 $ (35) $ 514 state and local 54 18 74 foreign 207 214 242 297 197 830 deferred provisions (benefit) domestic federal 408 327 31 state and local 15 48 (2) foreign (10) 7 32 413 382 61 provision for income taxes $ 710 $ 579 $ 891 (a)what is the amount of income tax expense reported in fedex's 2010, 2009, and 2008 income statements?

What is one of the advantages of getting a government-sponsored mortgage instead of a conventional mortgage