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eimsori [14]
3 years ago
6

Suppose that price is below the minimum average total cost (ATC) but above the minimum average variable cost (AVC) and that the

market price is expected to rise at least to ATC in the near future. In the short run, a firm that is a price taker would.
a. immediately shut down and get out of the industry.
b. continue to produce a quantity such that marginal revenue equals marginal cost.
c. shut down temporarily, in hopes of restarting in the near future.
d. cut price and expand output in hopes of achieving economies of scale.
e. None of the above.
Business
1 answer:
AysviL [449]3 years ago
8 0

Answer:

b. continue to produce a quantity such that marginal revenue equals marginal cost.

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loris [4]

Answer:

124

Explanation:

Yes

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3 years ago
Suppose you purchased 500 shares of Jet-Electro Corporation stock at a price of $22.50 per share. One year later, the shares are
viva [34]

Answer:

C) 0.0 percent

Explanation:

The net return on any investment is what we receive from the investment in addition to the purchase price paid.

In the given instance the investor pays $22.50 per share as an investment cost, to acquire such shares. Number of shares purchased = 500

Now at the end of the period the shares are sold for $21 each

Also the dividend per share received is $1.50

Thus, total return = $21 + $1.50 = $22.50 per share.

This is exact same as that of the investment price.

Thus net return = Total benefits - Cost = $22.50 - $22.50 = $0

Since net return is $0 the value of return in percentage shall also be $0.

6 0
4 years ago
Under a divorce decree executed in 2019, Duron is required pay $800 of alimony and $400 of child support each month for the next
pashok25 [27]

Answer:

The total monthly payments that are deductible by Duron are:

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4 0
3 years ago
Simon is the manager of the editorial department in a publishing company. Every time an editor in his team fails to fix the erro
OLga [1]

Answer:

Feedback control

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It compares the output produced to the target output that was set for the employee. There is little consideration for how much the workload is.

In this scenario the manager assigns extra work every time an editor fails to fix errors in the article they are working on.

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In making decisions about what to consume, a person's goal is toA) allocate her limited income among all the products she wishes
elena55 [62]

Answer: Option (C) is correct.

Explanation:

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So, consumer wants to maximize marginal utility from the products that he/she is buying with the limited level of income. They want to utilize their limited income in a best possible manner.

7 0
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