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andrey2020 [161]
1 year ago
8

the graph to the right depicts the per unit cost curves and demand curve facing a shirt manufacturer in a competitive industry 2

.9
Business
1 answer:
natulia [17]1 year ago
8 0

The firm will exit or leave the industry as its not making any profits.

<h3><u>CALCULATION OF THE PROFITS</u></h3>

According to the Question,

The firm produces at P = MC

Where we know,

Q = 55 units

P = $4.78

ATC or Average Total Cost = 6.76

AVC or Average Valuable Cost = 3

P > AVC so the firm produces to minimize losses at the MC = P.

Profit = ( P - ATC ) × Q

=( 4.78 - 6.76 ) × 55

= - 108.9

The profit is - 108.9 dollars per minute.

As the firm in the industry is making losses ( a negative profit ) so it  will exit the industry in the long run.

To know more about competitive firms, check the given link.

brainly.com/question/28104159

#SPJ4

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A product-process matrix can be used to address the fact that customers often participate in service processes.
dimaraw [331]

A product-process matrix can be used to address the fact that customers often participate in service processes.

This is FALSE.

A customer is a recipient of goods, services, products, or ideas obtained from a seller, vendor, or supplier through financial transactions or in exchange for money or other valuable consideration.

A customer is an individual or business that purchases goods or services from another business. Customers are important because they drive sales. Without them, companies cannot continue to exist.

The definition of customer is a person who purchases products or services at a store, restaurant, or another retail establishment. An example of a customer is someone who goes to an electronics store and buys a television. (informal) A person, especially a person, who interacts with others in some way.

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1 year ago
Expansionary fiscal policies are designed to
DochEvi [55]
<span>A. Boost the economy Expansionary policies increase the money in supply to encourage spending, boost economic growth and counteract inflation.</span>
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2 years ago
What's the percentage of Americans living pay check to paycheck
mestny [16]
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6 0
3 years ago
Munster Company reports the following net cash in its statement of cash flows: net inflow from operating activities: $200; net o
Murrr4er [49]

Answer:

$170

Explanation:

Given the following information about Munster company:

Net inflow from operating ACTIVITIES = $200

Net outflow from investing ACTIVITIES =  $300

Net outflow from financing ACTIVITIES = $50

Ending balance in cash = $20

BEGINNING BALANCE :

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(Outflow from investing ACTIVITIES + outflow from financing ACTIVITIES + ending balance in cash) - inflow from operating activities

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3 0
3 years ago
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Answer:

Arbitrage opportunity may exists as the ZCBs selling at different price at same time due to change in their YTM .

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a) The arbitrage opportunity exist with buy two bond with face value 100 with maturity of 1 year and face value 110 with maturity of 2 years.

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