1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anna35 [415]
2 years ago
14

Which two lines intersect at level of output the firm is supplying if that business is earning zero economic profits?

Business
1 answer:
IgorC [24]2 years ago
4 0

The average cost curve and the variable revenue curve are two lines which intersect at level of output when the firm is supplying and that business is earning zero economic profits.

If the price which the  firm is charging from customer is higher than its average cost of production for the quantity of the goods produced, then the firm will earn profits to a large extent.

Conversely, if the price which is charged by the firm is lower than its average cost of production, the firm will suffer losses.

Thus when the cost is equal to the revenue of the firm it means there is no profit at all. At this level the average cost curve will intersect the revenue curve.

To know more about marginal cost curve here:

brainly.com/question/15570401

#SPJ4

You might be interested in
Do women spend more time talking on the phone than​ men? a student collects data from students at her university and reports a​
zalisa [80]

<u>Answer</u>:

<u>No</u>

Explanation:

Remember, that as used in statistics the Confidence intervals <em>only</em> ascertain the extent to which a sample is uncertainty or certainty, that is, the student report of a​ 90% confidence interval is just a probability the university population of men and women surveyed would fall under this range of value ​(minus 150,30).

Therefore, it cannot be concluded that mu​(women) is higher than mu​(men.

3 0
3 years ago
Scampini Technologies is expected to generate $175 million in free cash flow next year, and FCF is expected to grow at a constan
White raven [17]

Answer:

the stock value per share is $53

Explanation:

The computation of the stock value per share is shown below:

Value of operations = Free cash flows ÷ ( Capitalization Rate - growth rate )

= $175 Million ÷ ( (10% - 4%)

= $2,917  

Now stock value per share is

= $2,917 ÷  55 million shares

= $53 per share

Hence, the stock value per share is $53

8 0
3 years ago
MIT economist Jerry Housman has estimated the price elasticity of demand for Post Raisin Bran cereal to be -2.5 and the price el
Diano4ka-milaya [45]

Answer:

The demand for Post Raisin Brand cereal is: ELASTIC  

the demand for all types of breakfast cereals is: INELASTIC

Explanation:

To calculate the price elasticity of demand (PED) we can use the following formula:

PED = % change in quantity / % change in price

  • If PED > 1, the demand is price elastic
  • If PED = 1, the demand is price unitary
  • If PED < 1, the demand is price inelastic

*The PED always results in a negative number, e.g. price deceases, quantity increases, but for practical reasons we convert the negative number into a positive (we use absolute values) when we are determining the elasticity.

5 0
3 years ago
While overall labor union membership has been declining over the last few decades, which type of workers has the highest percent
Mariana [72]

The workers that have the highest percentage of union memberships are those in

  • education
  • training
  • library occupations

<h3>What is a  labor union?</h3>

This is a term that is used to refer to the labor unions that are formed in order to represent the workers that are in a country.

The unions are known to represent workers in terms of benefits, wages and labor hours.

Raed more on labor unions here: brainly.com/question/881501

5 0
2 years ago
Mary Matthews made $950 during a biweekly pay period only social security (fully taxable) and federal income taxes attach to her
____ [38]

Answer:

The correct answer to the following question will be "$831".

Explanation:

  • Mary Matthews is a married woman, however, her gross salary is $950 per two weeks, as well as the compensation amount, is 2. The year 2018 married bi-weekly wage category table would be used to determine the sum to be withheld underneath the framework of wage class.
  • The applicable limit for $950 throughout the list is between $945 or $965 as well as $19 seems to be the amount of funding tax must keep for 2 allowances.

So that the compensation would be:

The sum is taken by her to their residence = Gross Salary - Income Tax deferred - Contribution towards 401k

= $950 - $19 - $100

= $831

5 0
3 years ago
Other questions:
  • An investment advisor has recommended a $50,000 portfolio containing assets A, B, and C: $25,000 will be invested in A with an e
    10·1 answer
  • How does excessive money in the economy lead to inflation?
    12·1 answer
  • Consumers respond more positively to ground beef advertised as ""75 percent lean"" than to ground beef described as ""25 percent
    14·1 answer
  • In a small, closed economy, national income (GDP) is $350.00 million for the current quarter. Individuals have spent $100.00 mil
    5·1 answer
  • Amber is in charge of preparing an annual budget for her company. As part ofthe budgeting process, she must estimate cost of goo
    12·1 answer
  • When Amy states, "We feel that better aligning our talent strategy with our business strategy is going to be critical for our su
    10·1 answer
  • Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,288,076
    9·1 answer
  • According to Marx, an automated welding machine used to assemble automobile bodies would be an example of __________.a. capital
    12·1 answer
  • Which of the following is a false statement regarding a sole proprietorship?
    9·1 answer
  • U. s. treasury securities considered to be risk-free because they have minimal, if any, ____ risk.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!