Answer:
Hola Amigo! Here's ur answer :D
Explanation:
The equilibrium price is the only price where the desires of consumers and the desires of producers agree—that is, where the amount of the product that consumers want to buy (quantity demanded) is equal to the amount producers want to sell (quantity supplied).
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Answer:
The firm should shut down the production.
Explanation:
The given marginal costs = $25
Fixed cost of the production = $5000
The price of producing the 50 units of meals = $10
The new price of the meal when demand goes up = $20
Since it can be seen that the price of the meal is lower than the average cost or even it is less than the marginal cost. So, when the prices are lower than average cost then a firm should shut down the production because after shutting down the production the loss will be equal to the fixed cost only.
So, the firm should shut down the production.
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Answer:
The correct answer is 9.56%
Explanation:
Before tax cost of Debt = rate(nper,pmt,pv,fv) * 2
nper = 25*2 = 50
pmt = 1000*12%*1/2 = 60
pv = 1230.51
fv = 1000
Before tax cost of Debt = rate(50,60,-1230.51,1000)*2
Before tax cost of Debt = 9.56%