Business, 21.01.2021 18:20 jamaiciaw6
Employers search résumés for keywords manually and electronically.
Please select the best answer from the choices provided
T
F
read the comments
Answers: 2
Business, 22.06.2019 03:00
5. profit maximization and shutting down in the short run suppose that the market for polos is a competitive market. the following graph shows the daily cost curves of a firm operating in this market. 0 2 4 6 8 10 12 14 16 18 20 50 45 40 35 30 25 20 15 10 5 0 price (dollars per polo) quantity (thousands of polos) mc atc avc for each price in the following table, calculate the firm's optimal quantity of units to produce, and determine the profit or loss if it produces at that quantity, using the data from the previous graph to identify its total variable cost. assume that if the firm is indifferent between producing and shutting down, it will produce. (hint: you can select the purple points [diamond symbols] on the previous graph to see precise information on average variable cost.) price quantity total revenue fixed cost variable cost profit (dollars per polo) (polos) (dollars) (dollars) (dollars) (dollars) 12.50 135,000 27.50 135,000 45.00 135,000 if the firm shuts down, it must incur its fixed costs (fc) in the short run. in this case, the firm's fixed cost is $135,000 per day. in other words, if it shuts down, the firm would suffer losses of $135,000 per day until its fixed costs end (such as the expiration of a building lease). this firm's shutdown price—that is, the price below which it is optimal for the firm to shut down—is per polo.
Answers: 3
Business, 22.06.2019 22:00
Which of the following is a function performed by market prices? a. market prices communicate information to buyers and sellers. b. market prices coordinate the decisions of buyers and sellers. c. market prices motivate entrepreneurs to produce those products that are currently most desired relative to their costs of production. d. all of the above are functions performed by market prices.
Answers: 2
Business, 23.06.2019 01:50
Which term best describes the statement given below? if p = q and q = r, then p = r
Answers: 1
Business, 23.06.2019 17:00
Why do you think researchers chose to begin with cigarette smokers opposed to other types of addiction ?
Answers: 2
Employers search résumés for keywords manually and electronically.
Please select the best answer fr...
Geography, 19.02.2021 01:40
Mathematics, 19.02.2021 01:40
Mathematics, 19.02.2021 01:40
SAT, 19.02.2021 01:40
Mathematics, 19.02.2021 01:40
Mathematics, 19.02.2021 01:40
Physics, 19.02.2021 01:40
Mathematics, 19.02.2021 01:40
Mathematics, 19.02.2021 01:40
Computers and Technology, 19.02.2021 01:40
English, 19.02.2021 01:40