A firm sells 1,000 units per week. Suppose the average variable cost is $25, and the average cost is $65. In the short run, the break-even price is ___ . In the long run, the break-even price is ___

Suppose the firm charges a price of $10 per unit.

Use the following table to indicate whether the firm will shut down or continue to produce in the short run and the long run. col1 Time Short Run Long Runcol2 Continue to Produce or Shut Down

The state in which the manufacturing company you work for is located regulates the presence of a particular substance in the environment to concentrations ≤ x. recently-released, reliable research endorsed by the responsible federal agency conclusively demonstrates that the substance poses no risks at concentrations up to 5x. your company has asked you to consider designing a new process with a waste discharge stream containing up to 2x of the substance. based on the stated conditions, describe this possible.