Afirm in a purely competitive industry is currently producing 1,000 units per day at a total cost of $450. if the firm produced 800 units per day, its total cost would be $300, and if it produced 500 units per day, its total cost would be $275. instructions: in parts a and c, round your answers to 2 decimal places. in part d, round your answer to 1 decimal place. a. what are the firm’s atc per unit at these three levels of production? b. the firm's atc per unit at 1000 units per day is $ .
the firm's atc per unit at 800 units per day is $
the firm's atc per unit at 500 units per day is $

For a multistate lottery, the following probability distribution represents the cash prizes of the lottery with their corresponding probabilities. complete parts (a) through (c) below. x (cash prize, $) p(x) grand prizegrand prize 0.000000008860.00000000886 200,000 0.000000390.00000039 10,000 0.0000016950.000001695 100 0.0001582930.000158293 7 0.0039114060.003911406 4 0.0080465690.008046569 3 0.012865710.01286571 0 0.975015928140.97501592814 (a) if the grand prize is $13 comma 000 comma 00013,000,000, find and interpret the expected cash prize. if a ticket costs $1, what is your expected profit from one ticket? the expected cash prize is $nothing.

Amethod of allocating merchandise cost that assumes the first merchandise bought was the first merchandise sold is called the a. last-in, first-out method. b. first-in, first-out method. c. specific identification method. d. average cost method.

When peter metcalf describes black diamond’s manufacturing facility in china as a “greenfield project,” he means that partnered with a chinese company to buy the plant . of all market entry strategies, this one carries the lowest risk. because black diamond manufactures its outdoor sports products outside the united states, what risks must its managers be aware of?