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
maxonik [38]
2 years ago
11

Suppose that when a firm produces the level of output at which price equals marginal cost, the firm's total revenue is less than

its variable cost. In this case, the firm should:
Business
1 answer:
sergejj [24]2 years ago
4 0

When the firm's total revenue is less than its variable cost, the firm should shut down temporarily.

<h3>What is total revenue?</h3>

It should be noted that the total revenue simply means the total amount that's generated from the sales of goods and services.

In this base, when the firm's total revenue is less than its variable cost, the firm should shut down temporarily as it's not profitable to continue producing.

Learn more about cost on:

brainly.com/question/25109150

#SPJ1

You might be interested in
Demand for home computers has increased yet the price has fallen.Explain this
dexar [7]

Answer:

cost of manufacturing

Explanation:

In the old days the price to make computers was very high so to make profit computers used to be even more expensive. But as time went on people learned to use less expensive materials to make computers and competition against other companies made them lower the prices. Due to that the demand for computers has risen.

4 0
4 years ago
Which one of the following statements about private goods is true? (WITH EXPLANATION PLEASE)
sergey [27]
C because some people can not afford to buy private goods which leads them to be excluding them from the products a firm makes
6 0
3 years ago
Discuss 5 sources of government revenue in the economy ​
Marina86 [1]
The government may either sell goods or render services like train, city bus, electricity, transport, posts and telegraphs, water supply, etc. The government also earns revenue from the production of commodities like steel, oil, life-saving drugs, etc.
7 0
2 years ago
An increase in revenues increases net income, and net income increases stockholders’ equity. True or false?.
Gwar [14]

Answer:

false

Explanation:

3 0
2 years ago
In addition to paying $100 per month for health insurance. Jaine is responsible for paying her first $500 of medical bill every
kupik [55]

Answer:

It is called a co-pay.

Explanation:

"A copay is a fixed out-of-pocket amount paid by an insured for covered services." - https://www.investopedia.com

8 0
3 years ago
Other questions:
  • On a recent concert tour, the Foo Fighters sang a number of classic songs from their past albums, in addition to playing songs f
    11·1 answer
  • Which of the following statements is true of a bond that is issued at a discount?A) At maturity, the bond will repay an amount t
    11·1 answer
  • What is the minimum internal temperature the lasagna must be reheated to?
    8·1 answer
  • Anita, a cash basis taxpayer, sued her former employer for wage discrimination. Her attorney agreed to pursue the case on a cont
    5·1 answer
  • Preparing a Cost of Goods Sold Budget Andrews Company manufactures a line of office chairs. Each chair takes $14 of direct mater
    9·1 answer
  • A company purchased new equipment for $42,000. The company paid cash for the equipment. Other costs associated with the equipmen
    14·1 answer
  • Granfield Company has a piece of manufacturing equipment with a book value of $44,500 and a remaining useful life of four years.
    15·1 answer
  • Machines A and B are mutually exclusive and have the following investment and operating costs. Machine A has a life of 3 years w
    7·1 answer
  • Use the drop-down menus to identify the career that matches the description.
    10·2 answers
  • A knowledge management system should help an organization:
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!