Transcribed Image Text
16. A firm with total costs of $1,400,000 and sales of$2,000,000 merges with a smaller firm with total costs of $700,000and sales of $1,200,000 million. Calculate the difference inaverage cost of production expressed in percent. A. 4.38 percent B.15 percent C. 9 percent D. 6.72 percent
Other questions asked by students
Chemistry
Basic Math
Q
Question 24 The weights for newborn babies is approximately normally distributed with a mean of...
Statistics
Accounting
Accounting