Suppose the firm faces a price of $49, an average variable cost of $26, and has an average fixed cost of $5. in the short-run, this firm

a. can cover all its costs,
b. cannot cover all its costs,
a. and will have a loss per unit of $18.
b. and will have a profit per unit of $23.
c. and will have a profit per unit of $18 .
d. and will have a loss per unit of $23.

Why is following an unrelated diversification strategy especially advantageous in an emerging economy? a. it allows the conglomerate to overcome institutional weaknesses in emerging economies. b. it allows the conglomerate to form a monopoly in emerging economies. c. it allows the conglomerate to use well-defined legal systems in emerging economies. d. it allows the conglomerate to take advantage of strong capital markets in emerging economies.