The world’s Largest Sharp Brain Virtual Experts Marketplace Just a click Away
Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | Apr 2017 |
| Last Sign in: | 327 Weeks Ago, 5 Days Ago |
| Questions Answered: | 12843 |
| Tutorials Posted: | 12834 |
MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
2. Explain how the listed events, a) to d), would affect the following at the Ford Motor Company [make sure you explain and justify your answer):
i. marginal cost ii. average variable cost iii. average fixed cost iv. average total cost
a. Ford signs a new contract with the unions that requires the company to pay higher wages.
b. The federal government starts to levy a $1,500 per vehicle tax on new cars
c. The company decides to give its senior executives a one-time $100,000 bonus. cl. Ford decides to increase the amount it spends on designing new car models.
-----------