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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

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Assuming a speed limit is 105 km/hr, what is this in miles per hour? A. 55.247 mph B. 50.247 mph C. 60.247 mph D. 65.247 mph
Scilla [17]
In the question we are given 105 km/hr
One mile = 1.60934 km
105/1.60934 = 65.244.
Thus, 105 kilometer = 65.24 mile.
The correct option is D.
3 0
3 years ago
Which amendment to a law made it illegal to discriminate based on pregnancy? Which law was amended?
Novosadov [1.4K]

Answer:

I believe it's "The PDA amendment to the Title VII law made discrimination based on pregnancy illegal"

Explanation:

3 0
2 years ago
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Waymire Company sells a motor that carries a 60-day unconditional warranty against product failure. From prior years' experience
MA_775_DIABLO [31]

Answer: Income statement $100,000

Balance sheet warranty liability $Nill

Explanation:

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3 0
3 years ago
1. Purposeful behavior suggests that: A. everyone will make identical choices. B. resource availability exceeds economic wants.
White raven [17]
The answer is C. Purose full behavior states that people make decisions with a desired outcome in mind, taking all the losses and benefits into consideration.
5 0
3 years ago
At the present time, Water and Power Company (WPC) has 10-year noncallable bonds with a face value of $1,000 that are outstandin
ArbitrLikvidat [17]

Answer:

d. 2.94%

Explanation:

First, Calculate the Yield to maturity of the bond using the following formula

Use the following formula to calculate the YTM

P = [ C x ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Where

F = Face value = $1,000

P = Price = $1,495.56

C = Coupon payment = Face value x Coupon rate = $1,000 x 10% = $100

n = numbers of periods = Numbers of years to maturity = 10 years

r = YTM = ?

Placing values in the formula

$1,495.56 = [ $100 x ( 1 - ( 1 + r )^-10 ) / r ] + [ $1,000 / ( 1 + r )^10 ]

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Now calculate the after-tax cost of debt

After-tax cost of debt = YTM x ( 1 - Tax rate )

After-tax cost of debt = 3.916% x ( 1 - 25% )

After-tax cost of debt = 2.937%

After-tax cost of debt = 2.94%

4 0
2 years ago
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