Business, 17.09.2019 20:10 martinbricein10
For a particular competitive firm, the minimum value of average variable cost (avc) is $12 and is reached when 200 units of output are produced. for the same firm, the minimum value of average total cost (atc) is $15 and is reached when 230 units of output are produced. which of the following statements is correct? (a) in the short run, the firm will shut down if the price of its product is $11.(b) in the long run, the firm will shut down if the price of its product is $14.(c) if the price of its product is $12, then the firm's loss if it produces 200 units of output is the same as its loss if it shuts down.(d) all of the above are correct.
Answers: 1
Another question on Business
Business, 22.06.2019 01:30
Iam trying to get more members on my blog. how do i do this?
Answers: 3
Business, 22.06.2019 11:00
The role of the credit department includes: a. evaluating customers' credit applications to determine whether they meet the company's approval standards. b. approving all credit applications in order to avoid losing sales. c. collecting cash from customers. d. following unwritten approval standards for processing customers' credit applications.
Answers: 2
Business, 22.06.2019 21:30
Sunset foods relies on a highly centralized functional structure to ensure consistency in the quality and taste of its products and to drive down costs via process innovations. however, as a consequence of its highly compartmentalized structure, the firm has found it difficult to transfer information and ideas from one department to the next. with the launch of its new line of breakfast foods coming up, how can sunset improve its ability to collaborate without sacrificing the benefits of its current structure
Answers: 1
Business, 22.06.2019 23:50
Juniper company, inc. uses a perpetual inventory system. the company purchased $9,750 of merchandise on august 7 with terms 1/10, n/30. on august 11, it returned $1,500 worth of merchandise. on august 16, it paid the full amount due. the correct journal entry to record the payment on august 16 is:
Answers: 1
You know the right answer?
For a particular competitive firm, the minimum value of average variable cost (avc) is $12 and is re...
Questions
Mathematics, 18.03.2021 17:50
Mathematics, 18.03.2021 17:50
History, 18.03.2021 17:50
Mathematics, 18.03.2021 17:50
Social Studies, 18.03.2021 17:50
Mathematics, 18.03.2021 17:50
