subject
Business, 12.10.2020 21:01 jalenshayewilliams

Turkey farming is a perfectly competitive industry and all turkey farms have the same cost curves. When the market price is $33 a turkey, each farm maximizes profit by producing 700 turkeys a week. At this output, average total cost is $24 and average variable cost is $19 a turkey Minimum average variable cost is $15 a turkey Two points on the turkey farm's supply curve are 700 turkeys supplied ateach and 0 turkeys supplied at each. A. $19, $13
B. $13, $19
C. $33, $13
D. $13, $33
E. $33, $19

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 19:10
Ms. sophia jones, the company president, has heard that there are multiple breakeven points for every product. she does not believe this and has asked you to provide the evidence of such a possibility. some information about the company for 2017 is as follows:
Answers: 1
question
Business, 22.06.2019 09:50
Why should managers invest any excess cash
Answers: 1
question
Business, 22.06.2019 18:00
Interpreting the income tax expense footnote the income tax footnote to the financial statements of fedex corporation follows. the components of the provision for income taxes for the years ended may 31 were as follows: ($ millions) 2010 2009 2008 current provision domestic federal $ 36 $ (35) $ 514 state and local 54 18 74 foreign 207 214 242 297 197 830 deferred provisions (benefit) domestic federal 408 327 31 state and local 15 48 (2) foreign (10) 7 32 413 382 61 provision for income taxes $ 710 $ 579 $ 891 (a)what is the amount of income tax expense reported in fedex's 2010, 2009, and 2008 income statements?
Answers: 2
question
Business, 23.06.2019 00:50
On december 31 of the current year, the unadjusted trial balance of a company using the percent of receivables method to estimate bad debt included the following: accounts receivable, debit balance of $97,900; allowance for doubtful accounts, credit balance of $1,031. what amount should be debited to bad debts expense, assuming 6% of outstanding accounts receivable at the end of the current year are estimated to be uncollectible?
Answers: 1
You know the right answer?
Turkey farming is a perfectly competitive industry and all turkey farms have the same cost curves. W...
Questions
question
English, 22.11.2021 20:50
question
Physics, 22.11.2021 20:50
question
Mathematics, 22.11.2021 20:50
question
Mathematics, 22.11.2021 20:50
question
Mathematics, 22.11.2021 20:50
question
Health, 22.11.2021 20:50
Questions on the website: 13722360