A high-technology centre is looking into the advisability of taking on a team of technicians to meet the maintenance and adjustment needs of some of its complex equipment. At present, this service is

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Answer 1

A high-technology centre is considering insourcing their maintenance and adjustment needs.

A high-technology centre is looking into the advisability of taking on a team of technicians to meet the maintenance and adjustment needs of some of its complex equipment. At present, this service is often contracted out.What is insourcing?Insourcing, or sometimes called in-house sourcing, is the opposite of outsourcing. It means assigning tasks or projects to your company's in-house employees rather than hiring external contractors or suppliers.

The high-technology center is looking into the advisability of taking on a team of technicians to meet the maintenance and adjustment needs of some of its complex equipment. This means they're considering insourcing their maintenance and adjustment needs. At present, the service is often contracted out, which is the opposite of insourcing.

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Related Questions

Resources that are held by the public are said to be resources in the
A. joint.
B. sharing.
C. common.
D. domain.

Answers

Resources that are held by the public and can be accessed and used by anyone are known as common resources. The correct answer is C. common.

These resources are typically available for public use and are not privately owned or controlled. Examples of common resources include air, water, public parks, and public roads. The concept of common resources is important in environmental and natural resource management, as it raises questions about how to ensure that these resources are used sustainably and equitably.

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What are customer needs?

Answers

Answer:

A customer need is a need that motivates a customer to purchase a product or service. 

Does the Federal Reserve pay taxes?

Answers

Answer:

Federal Reserve banks are exempt from paying taxes at the federal, state and local levels, except on real estate holdings. This is because of rules on taxation set forth in Section 7(c) of the Federal Reserve Act.

Explanation:

debit balance with binod rs.50000​

Answers

Answer:

what?

Explanation:

best answer: brainliest

write an essay or a story about receipt (150words) and invoice (150words) seperately

Answers

Answer:

Receipt:

As I walked out of the grocery store, I couldn't help but smile as I looked at the little piece of paper in my hand. It was a simple receipt, listing the items that I had purchased and the total amount I had paid. But to me, it represented so much more than that.

The receipt was proof that I had successfully completed my weekly shopping trip. It was a record of the money that I had spent and the food that I had purchased to feed my family. It was a reminder of the things that I had accomplished that day, and a symbol of the abundance and abundance that I had in my life.

But most of all, the receipt was a symbol of trust. It was a sign that the grocery store had trusted me to pay for my purchases, and that I had trusted them to provide me with the food that I needed. It was a small but important part of the cycle of trust and mutual support that exists between businesses and consumers.

Invoice:

As I sat at my desk, staring at the computer screen, I couldn't help but feel a sense of satisfaction. I had just finished creating an invoice for a client, and it was a work of art. It was clear, concise, and professional, and I knew that it would be well-received.

The invoice was a document that outlined the services that I had provided to my client, along with the associated costs. It was a record of the value that I had delivered, and a reminder of the hard work and dedication that had gone into the project.

But most of all, the invoice was a tool for communication. It was a way for me to let my client know exactly what they owed me for my services, and to ensure that we were both on the same page about the terms of our agreement. It was a crucial part of the business relationship, and I knew that it would be instrumental in maintaining trust and mutual respect between myself and my client.

Instructions: Please answer below:
Do you agree or disagree with the following statement given the techniques discussed in this chapter?
"We can calculate future cash flows precisely and obtain an exact value for the NPV of an investment." Explain.

Answers

The statement that future cash flows can be calculated precisely and that the exact value of the NPV of an investment can be determined is a flawed belief.

It is incorrect to believe that future cash flows can be predicted precisely. While it is possible to estimate expected future cash flows, it is impossible to forecast the future with complete certainty. There is always a level of unpredictability and uncertainty in the future, which could result in changes in economic conditions, market trends, and other variables. While using methods such as time-value-of-money, present value, and future value calculations can aid in forecasting the expected cash flows, they are only estimates, and deviations are possible. These estimates, however, should provide some indication of the future cash flows' range and trends. However, despite the unpredictability of future cash flows, the NPV method can provide an estimate of an investment's worth. The NPV method can provide a way to assess the worth of investment by determining the present value of all future cash inflows and outflows. The sum of the present value of all future cash flows is then used to determine the NPV. The NPV's value can then be used to decide if an investment is worthwhile or not. If an investment's NPV is positive, the investment is worthwhile, and if the NPV is negative, the investment is not worth pursuing. While it is impossible to calculate future cash flows precisely, the NPV method is a valuable tool in assessing the value of an investment.

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in industries that have experienced a great deal of horizontal integration, what is typically the result for consumers?

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In industries that have experienced a great deal of horizontal integration, the typically result for consumers is D. A great deal of horizontal integration within an industry tends to be worse for consumers.

What is horizontal integration?

It should be noted that the business approach  can be described as the "horizontal integration"  which base on how one company expanding its operations within a certain industry at the same rate. Horizontal integrations assist businesses in increasing their size and revenue, entering new markets, diversifying their product lines, and lowering competition.

The process of a corporation growing production of goods  using some  level of the value chain, can be seen as  horizontal integration.

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complete question

a. No generalization can be made about the effect for consumers.

b. Consumers do not experience any effects as a result of horizontal integration.

c. A great deal of horizontal integration within an industry tends to be better for consumers.

>> D. A great deal of horizontal integration within an industry tends to be worse for consumers.

In attempting this merger between Comcast and Time Warner, their executives were trying to fulfill their overriding goal as managers. Which of the following best describes that goal?

a. Advancing the technology of the industry he

The owner of a bike shop would like to analyze the sales data to determine if the business is growing, declining, or remaining flat. The owner has the following data:

Sales Revenue Last Year =$125,000

Sales Revenue Current Year = $150, 000

What is the Sales Growth?

Do not forget to type the % symbol after multiplying your result by 100 to convert to percentage!

Hint: Your answer will NOT have decimal point.

Example: 75%

Answers

The sales growth is 20%.

To calculate the sales growth, you can use the following formula:

(Sales Revenue Current Year - Sales Revenue Last Year) / Sales Revenue Last Year x 100%

Plugging in the numbers, we get:

($150,000 - $125,000) / $125,000 x 100% = 20%

Therefore, the sales growth is 20%.
To calculate the Sales Growth, we need to find the difference between the Sales Revenue Current Year and Sales Revenue Last Year, divide that difference by Sales Revenue Last Year, and then multiply by 100 to convert to a percentage:

Sales Growth = (Sales Revenue Current Year - Sales Revenue Last Year) / Sales Revenue Last Year × 100%
Sales Growth = ($150,000 - $125,000) / $125,000 × 100%
Sales Growth = $25,000 / $125,000 × 100%
Sales Growth = 0.2 × 100%
Sales Growth = 20%

Therefore, the Sales Growth is 20%.

An example of coordination is

Answers

Answer:

Being able to balance while walking on a thin rope.

Explanation:

Coordination, able to move, and to move effectively. So, this answer connects to the definition, since being able to walk on a rope without falling, means to direct your movement correctly.

When goods are shipped FOB destination and the seller pays the freight charges, the buyer a.journalizes a reimbursement to the seller b.does not take a discount c.makes no journal entry for the freight d.journalizes a reduction for the cost of the merchandise

Answers

When goods are shipped FOB destination and the seller pays the freight charges, the buyer c.makes no journal entry for the freight.

What are the journal entries for FOB destination transactions?

When merchandise is sold on FOB destination terms, it implies that the seller is legally responsible for the safety of the goods until delivered to the buyer.  In most cases, the buyer does not pay for the freight.

In such a case, the Seller also records the delivery expense or freight as a period expense.

The buyer does not make any journal entry for the cost of delivery or (freight).  Since the seller bears all the delivery risks, the buyer can only pay for the cost of the goods when they reach the buyer's destination.

Thus, when goods are shipped FOB destination and the seller pays the freight charges, the buyer c.makes no journal entry for the freight.

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What determines which price the company should choose for its running shoes?

Answers

Answer:

the price that can be affordable for every one and it should be by the opinion of the common people and labours

phoenix agency leases office space. on january 3, phoenix incurs $81,000 to improve the leased office space. these improvements are expected to yield benefits for 8 years. phoenix has 6 years remaining on its lease. compute the amount of amortization expense that should be recorded the first year related to the improvements.

Answers

Phoenix should record an amortization expense of $13,500 in the first year related to the improvements made to the leased office space.

To compute the amount of amortization expense that should be recorded in the first year related to the improvements, we need to divide the cost of the improvements by the expected useful life. In this case, the cost of the improvements is $81,000, and the expected useful life is 8 years. However, since Phoenix has only 6 years remaining on its lease, the amortization expense will be recorded over the remaining lease term.

To calculate the annual amortization expense, we divide the cost of the improvements by the remaining lease term. Therefore, the amount of amortization expense that should be recorded in the first year related to the improvements is:

Amortization expense = Cost of improvements / Remaining lease term

Amortization expense = $81,000 / 6 years

Amortization expense = $13,500 per year

Therefore, Phoenix should record an amortization expense of $13,500 in the first year related to the improvements made to the leased office space.

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The company makes these predictions by finding patterns and relationships in large amounts of data by using machine learning algorithms called __________.

Answers

Answer:

Neural networks

Explanation:

The company makes these predictions by finding patterns and relationships in large amounts of data by using machine learning algorithms called neural networks.

Maria and Marisa are fixing up their basement. They need access to cash, so they visit their bank where they are pre-approved for $55,000. They can write checks for up to this amount, and they will repay this loan by making payments over time that include the amount borrowed and finance charges. Which type of credit are Maria and Marisa using? O A. a bank line of credit OB. an installment sales credit O C. an installment cash credit OD. a single lump-sum credit​

Answers

Answer:

bank line of credit

Explanation:

i got it right

Early withdrawal of the money in a CD can lead to substantial financial

Answers

Answer:penalty

Explanation: I just did it and got it right

about how long will it take Levi’s investment of $350 to double if it earns 14.5% simple interest?

A. 5 years
B. 6 years
C. 7 years
D. 8 years

Answers

Answer:

A. 5 years

Explanation:

Present value = $350

Future value = $700

Interest = 14.5%

Number of years = Nper (-Pv, Fv, I)

Number of years = Nper (-350, 700, 14.5%)

Number of years = 5.119080084

Number of years = 5 years

Ben cartwright runs the wild west wax museum in carson city, nevada. The museum has been in business for 40 years and is a major tourist attraction. The total value of themuseum's capital stock is $3. 5 million, which ben owns outright. This year, the museum earned a total of $1. 4 million after out-of-pocket expenses. Without taking the opportunitycost of capital into account, this means that ben is earning a 40 percent return on his capital. Suppose that risk-free bonds are currently paying a rate of percent to those whobuy them. 6what is meant by the "opportunity cost of capital"?

Answers

The opportunity cost of capital is the yield that might have been managed to earn by making investments in a similar dicey alternative.

It measures the return foregone by investing capital in a specific venture rather than an alternative venture.

In the particular instance of Ben and his Wild West Wax Museum, the opportunity cost of capital is the return Ben could have earned if he had invested his $3.5 million in a risk-free bond rather than the museum.

If risk-free bonds are currently paying a rate of, say, 2%, Ben's opportunity cost of capital would be 2%, as that is the return he could have earned if he had not taken any risk.

As a result, we must consider the opportunity cost of capital in order to properly evaluate the efficacy of the Wild West Wax Museum and decide whether Ben is making profits a sensible return on his investment.

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On March 15, Summit Hawk declares a quarterly cash dividend of $0.085 per share payable on April 13 to all stockholders of record on March 30. Required: Record Summit Hawk's declaration and payment of cash dividends for its 218 million shares.

Answers

The journal entries to  Summit Hawk's declaration and payment of cash dividends is: Debit Dividend  $18,530,000; Credit  Dividend payable   $18,530,000

Journal entries

March 15

Debit Dividend  $18,530,000

(218,000,000 shares × $0.085)

Credit  Dividend payable   $18,530,000

(To record cash dividend declaration)  

March 30

No entry

April 13

Debit Dividend payable     $18,530,000

(218,000,000 shares × $0.085)

Credit  Cash     $18,530,000

(To record payment of cash dividend)


Therefore the journal entries to  Summit Hawk's declaration and payment of cash dividends is: Debit Dividend  $18,530,000; Credit  Dividend payable   $18,530,000.

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1. Fantastic Corporation has serious issues when it comes to unexpected disruptions. These disruptions have made production come to a halt. You are to state how you are going to find a new critical part supplier to further minimize business operations.

2. Explain your main objectives and recommendations on how to achieve the objectives in ensuring no more stoppages happen.

3. Explain how you are going to have a buffer stock to ensure production continues and ensure there are safety reorder points available.

4. The issues have made Fantastic Cooperation to turn customers away, how can they make sure they do not need to do this seeing that if they turn customers away they will go elsewhere forever.

5. "You need to find a new supplier for this critical component". Why limits the search? How can you find a new supplier for the entire package? Take this as an opportunity and use the marketing department to sell a "new and improved" version etc.

6. What is your new risk and contingency plan?

Answers

To find a new critical part supplier and minimize business disruptions at Fantastic Corporation, I would use the steps below:

a. Conduct market research

b. Supplier evaluation

c. Request for proposal (RFP)

2.  Main objectives and recommendations

Find and fix weaknesses  in the supply chain.Make sure to have more options and backup plans when getting important parts.Increase variety in the supply chain by finding different suppliers for important parts to lessen reliance on just one source. This makes sure that if one supplier has a problem, it won't stop production completely.

3. To make sure production continues smoothly and people stay safe, one can set up a buffer stock of extra inventory.

4.  To make sure they don't have to say no to customers and risk losing them forever, Fantastic Cooperation can do things like making more products, managing their supply chain better, etc.

5. When looking for a new supplier, one shouldn't just focus on the important part, one should consider the whole package. One can involve the marketing department to advertise a better version of the product that fixes any issues or limitations.

6. The new plan for dealing with risks and unexpected events should include finding possible risks, figuring out how much they might affect us, taking steps to prevent them from happening, setting up backup systems or finding other suppliers, etc.

What is the objectives  about?

To make customers happy, Fantastic Corporation needs to communicate better, listen to their needs, and quickly fix any problems.

Recommendations:

Build strong relationships with trustworthy suppliers who can consistently deliver high-quality products on time and offer helpful assistance when needed.

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Did You Know That The Movie Theaters Are Working On Making A Second Mortal Kombat Movie? It's Gonna Be Great, The Title Of The Movie Is ''Mortal Kombat 2''

Answers

—Mortal Kombat: Annihilation was released on November 21, 1997.

—Every generation, a portal opens up between the Outerworld and Earth. Emperor Shao-Kahn (Brian Thompson), ruler of the mythical Outerworld, pounces the moment the portal reopens and slips through with his mighty warriors, intent on total domination and uniting the two worlds. However, he has only seven days to complete his task. In the meantime, opposition grows and warriors Sonya Blade (Sandra Hess), Jax (Lynn "Red" Williams), Kitana (Talisa Soto) and Liu Kang (Robin Shou) get ready for war.

Please Help me for real not joking.
It 100% my grade

Answers

Answer:

ur jokin

Explanation:

ddoc is what ut sounds like when i pronounce it

which of the following is not a way in which auditors use the concept of overall materiality? a) as a guide to planning the audit plan. b) as a guide to the evaluation of evidence. c) as a guide for making decisions about the audit report. d) as a guide for assessing control risk.

Answers

The following is not a way in which auditors use the concept of overall materiality as a guide for assessing control risk.

The number one reason for putting normal materiality while making plans the audit is that it's far used to become aware of overall performance materiality (that's needed, for example, to assist auditor's layout their audit tactics) and a truly trivial threshold for collecting

The auditor has to bear in mind audit chance and materiality each in making plans the audit and designing auditing tactics and comparing whether or not the monetary statements taken as an entire are supplied fairly, in all cloth respects, in conformity with typically common place accounting.

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ANSWER ASAP Which of the following may help you protect against identity theft? A. Carrying your Social Security card at all times B. Clicking on pop-up windows to verify their information C. Contacting your credit card company if you don’t receive bills D. Including your name in your online passwords

Answers

Explanation:

I think A. Because it is the only safe way to protect yourself even in the credit card company people might steal your identity and they dont know. So I say A

Answer:

Its C) contacting your credit card company if you don't receive bills

Explanation:

EDGE 2021

Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home

Answers

Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.

Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.

Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.

Hence, the correct options are "A, B & C".

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How does decreasing your credit card balance affect your income statement? (1 point)

It increases your monthly expenses, increasing the amount you spend each month.
It increases your monthly expenses, giving you more money to spend on other things.
It decreases your monthly expenses, increasing the amount you spend each month.
It decreases your monthly expenses, giving you more money to spend on other things.

Answers

The way in which decreasing your credit card balance would affect your income statement is that: D. It decreases your monthly expenses, giving you more money to spend on other things.

What is a credit card?

A credit card simply refers to a small, rectangular flat card that is issued by a financial institution to its eligible customers, in order to avail them an opportunity to purchase goods and services on credit, especially based on the agreement that this amount of money would be paid back at a specific time and interest rate.

Generally speaking, a credit card balance can be defined as the total amount of money that an individual owe his or her credit card company. This ultimately implies that, a decrease in credit card balance would cause a decrease in monthly expenses, which avails the credit card holder more money to spend on other things.

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Answer: 1. a loan from one entity electronically matched to another entity without a financial institution in the middle

2. a payday loan

3. an unsecured installment loan

4. It decreases your monthly expenses, giving you more money to spend on other things.

5. Determine or estimate the current value of everything you own.

6. Their ability to repay a loan

7. your prior record of paying your bills and paying off your debts

8. your age and gender

9. You can request one online or over the phone.

10. He should contact the credit bureau that issued the credit report, the companies that issued the seven fraudulent cards, his local police, and the federal government at identitytheft.gov.

11. -the lender that provided the incorrect information

-the credit bureau that prepared the report

12. right away

13. She won a $20 billion settlement for California homeowners whose homes were inappropriately foreclosed on.

14. The longer the term, the more you will pay in interest.

15. It will cost you less money overall.

16. A store credit card generally comes with a higher interest rate.

17. You will save money if you pay the balance off quickly.

18. -Clarifying the confusing language found on credit card applications.

-Forcing lending companies to disclose interest rates and hidden fees.

19. It banned credit card companies from raising interest rates after missed payments.

20. -a fixed annual charge for the use of a credit card

-a charge if the minimum payment is not paid by the due date

21. paying off the balance before interest can accrue

22. $30

23. Determine which card has the higher interest rate and pay the extra money to that card first.

Explanation: All these answers are correct!

PLEASE HELP ME ILL MAKE YOU BRAINLIEST

PLEASE HELP ME ILL MAKE YOU BRAINLIEST

Answers

a formal code of ethics

Interdependence among individuals and interdependence among nations are both based on the gains from trade. True or false?.

Answers

It is true that two countries can benefit from trade even if one of them has a clear advantage in producing all goods. Each nation only needs to have a comparative advantage in one particular good.

When producing a specific good, agents in an economic model have a comparative advantage over rivals if they can do so at a lower relative opportunity cost or autarky price, that is, at a lower relative marginal cost before trade.

Your greatest skill and least amount of sacrifice are your comparative advantages. If you are a great babysitter and a great plumber, for instance, your comparative advantage is plumbing.

Developed by British economist David Ricardo in the 19th century, comparative advantage is an economic theory that links differences in relative opportunity costs, or the price paid for producing a given good, across nations, to the causes and benefits of international trade.

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nvestment advisors at your local bank branch office: a) Are not able to plan strongly diversified portfolios for their customers b) Must be transparent about their rates and services c) Are working solely on behalf of their customers to earn money d) Do not advise their customers on their financial goals

Answers

Answer:

b) Must be transparent about their rates and services

Explanation:

investment advisors at your local bank branch office: Must be transparent about their rates and services

5. You purchase your daily
coffee at the chemist’s coffeehouse and have a choice of two cups
with different specific heat capacity. Which cup will you choose,
the cup with a low specific or the cu

Answers

You would choose the cup with a low specific heat capacity.

Specific heat capacity refers to the amount of heat energy required to raise the temperature of a substance by a certain amount. In the context of coffee cups, a cup with a low specific heat capacity means that it heats up or cools down quickly in response to changes in temperature.

When you purchase your daily coffee, you likely want to enjoy it at an optimal temperature for a longer period. By choosing a cup with a low specific heat capacity, it will absorb less heat from the coffee, allowing it to stay hot for a longer time. The cup will also cool down faster when exposed to the surrounding environment, preventing your coffee from becoming lukewarm too quickly.

On the other hand, a cup with a high specific heat capacity would absorb more heat from the coffee, causing it to cool down rapidly. This would result in your coffee becoming cold faster, making it less enjoyable to drink.

Therefore, opting for a cup with a low specific heat capacity would be more advantageous as it helps maintain the desired temperature of your coffee for a longer duration.

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what three factors affect the total price of a car

Answers

The three factors that affect the total price of a car are vehicle features and options, manufacturer and model, and market factors and additional costs.

The total price of a car is influenced by various factors, but three key factors that have a significant impact are:

1. Vehicle Features and Options: The specific features and options chosen for a car can greatly affect its price. Upgrades such as advanced safety features, technology packages, premium audio systems, luxury amenities, and performance enhancements can significantly increase the cost of the vehicle. Different trim levels or packages offer varying levels of features, allowing customers to select options that align with their preferences and budget.

2. Manufacturer and Model: The brand, reputation, and popularity of the car manufacturer and model can influence its price. Vehicles from luxury brands or those known for their high-end performance typically command higher prices. Similarly, limited-edition or specialty models often come with a premium price tag due to their exclusivity and unique features. Additionally, factors such as supply and demand, production costs, and brand perception can impact the pricing strategy of manufacturers.

3. Market Factors and Additional Costs: The total price of a car is also affected by market conditions and additional costs. Factors such as regional demand, competition, incentives, and discounts can impact the final price negotiated with the dealer. Additionally, additional costs such as sales tax, registration fees, financing charges, and optional extended warranties or service packages should be considered when determining the overall price of a car.

It's important to note that these factors interact with each other and can vary depending on individual circumstances and preferences. Car buyers should carefully consider their budget, prioritize features that align with their needs, and conduct thorough research to make an informed decision about the total price of the car they intend to purchase.

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hELPpppPpPP pLEAaSSEEseE ln Mt = 0.0084 +0.7340InGDPt -0.0811 -1 t=(2.0496) (2.0636) (-0.8537) R=0.1066 d=1.6697 What does this regression tell you? Does this help you decide if regression 1 is spurious or not? A multiple choice exam has 7 questions with 4 answer choices per problem. How many different ways can the exam be answered? answer both for ( brain list, thanks, 5 star review) Find the difference.(-3ab-a-3) - (6ab+1) monet painted outdoors throughout his career. painting in the open air is known by what specific term? Cassie has a small cube-shaped box. Its volume is 64 cubic centimeters.What is the area of one face of the box? Enter your answer in the box.*I will give you 48 POINTS AND BRAIN-LEST* Think about a graph symmetric with respect to the y-axis. how do the coordinates of the points on the right half of the graph compare with the corresponding coordinates on the left half? analyze a graph symmetric about the origin in a similar manner. what do you notice? Mass production of cloth began in New England in the early 1800s. true false? meaning of techniques What message is bearden trying to get across in the image#1? please help me, ive been stuck on this for a while. Petrified wood is an example of what type of fossil preservation? A)PermineralizationB) Mold C)CastD) Impression E)Burrow To maintain adequate hydration during exercise, athletes should drink enough water to:a. limit fluid loss to 2% of body weight.b. limit fluid loss to 5% of body weight.c. limit fluid loss to 10% of body weight.d. prevent the loss of 0.5 pound of body weight.e. prevent the loss of one pound of body weight. Sunland Company's standard labour cost of producing one unit of product DD is 3 hours at the rate of $10.60 per hour. During August, 41,480 hours of labour are incurred at a cost of $10.70 per hour to produce 13,600 units of product DD. (a) Calculate the total labour variance A spring with a spring constant of 200 N/m stretches by 0.03 m. What is the potential energy of the spring? Today you are opening a savings account and making an initial deposit. If you want to withdraw $10,000 two years from today, $5,000 four years from today, and $4,000 five years from today. If the account pays 3% interest, how much should you deposit now to exactly cover the withdrawals? I'm stup!d guys pls help me ;-; Which of the following angles DOES NOT have equal measure when a pair of parallel lines is crossed by a transversal? find the value of x and y Consider the following cost function: = 144 + 3 + 2 (a) What are the formulas for the fixed cost, variable cost, average (total) cost, average variable cost, and marginal cost? (b) At what level 1is average cost lowest? What is the lowest average cost? (c) At what level 2 is average variable cost lowest? What is the lowest average variable cost? (d) Discuss at which output levels, this firm has economies of scale or diseconomies of scale?