thatlostgirl8235 thatlostgirl8235

04-11-2022
Business

Answered

Areaif a perfectly competitive firm receives a marginal revenue of $10 for its product and the minimum average variable cost is $11, then the firm should, in the short run: a.reduce the level of output its produces b.increase the level of output it produces c.neither increase nor decrease the level of output it produces d.shut down

Answer :

Other Questions

. if the market price is $30, what is firm's profit-maximizing output level and what is the amount of its total variable cost at this level of output?

a firm has a stock price of $54.00 per share. the firm's earnings are $75 million, and the firm has 25 million shares outstanding. the firm has an roe of 14% an

the repurchase of the target firm's shares of stock that were obtained by the acquiring firm at a premium in exchange for an agreement that the acquirer will no

Suppose that in two months time the minimum wage is set to increase by $1 per hour. This is likely to.

company's balance sheet shows total assets of $300,000 and total liabilities of $200,000. the firm has 50,000 shares of stock outstanding that sell for $10 a sh

which staffing approach will be most effective for a firm that is pursuing a transnational strategy?

the power to raise price above marginal cost without fear that other firms will enter the market is:

Ilana industries incorporated needs a new lathe. It can buy a new high-speed lathe for $1 million. The lathe will cost $35,000 per year to run, but it will save

governments can increase revenues with either taxes or tariffs. why would a government prefer tariffs? (select all that apply) group of answer choices sometimes

tina taxpayer makes $75,000 a year. what are her average and marginal tax rates if she is required to pay a lump-sum tax of $25,000? submit your answers as perc