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
Alexandra [31]
3 years ago
13

A firm sells 1000 units per week. It charges $15 per unit, the average variable costs are $10, and the average costs are $25. In

the long run, the firm should a. ​Shut-down because it is cost effective to pay off the remaining fixed costs b. ​Continue operating as the firm is covering all the variable costs and some of the fixed costs c. ​Shut-down as the firm is making a loss of $10,000 per week d. ​Shut-down as price is lower than average cost
Business
1 answer:
erik [133]3 years ago
7 0

Answer:

b. ​Continue operating as the firm is covering all the variable costs and some of the fixed costs

Explanation:

A firm should shutdown operations if its price is less than average variable cost.

The price the firm sells is $15

Average variable cost is $10.

Price is greater than average variable cost in excess of $5.

The $5 covers some of the average fixed cost.

I hope my answer helps you

You might be interested in
A government policy that sets the highest price that can be charged for a good or service is a __________.
trasher [3.6K]

Answer:

B. price ceiling.  

A government policy that sets the highest price that can be charged for a good or service is a price ceiling.

3 0
3 years ago
Please help a girl out. I will award brainliest.
SSSSS [86.1K]
The answer is C. “There is a major city 50 miles away from the region”.
7 0
3 years ago
if a farm has nfio of $100,000, and an opportunity cost total of $25,000, what is the farm's return to equity? (round to the nea
tiny-mole [99]

The return to equity is $75000

Another form of financial ratio is the return on equity. Financial ratios are data taken from a firm's financial statements and used to predict and draw specific conclusions about the organization.

Relative return on equity is a tool used to forecast a company's profitability. It evaluates how effectively people employed in any business have used the money that has been invested.

Since the farm has Nfio of $100,000 and an opportunity cost total of $25,000.

Therefore,

Return on equity -

Net Farm Income from Operations - Opportunity cost

= 1,00,000 - 25,000

= 75,000

Read more about a return to equity on:

brainly.com/question/28500740

#SPJ4

7 0
1 year ago
An employee at falcon security is studying an analysis of data regarding the occurrence of problems and failures with its drones
alexandr402 [8]
<span>falcon security is using the analysis for decision making. Knowing when and why the problems and failures of the drones and cameras occurred will  help the employees in future to make decision (better and faster detect the problem and better maintain the equipment).</span>
6 0
3 years ago
The accountant for Main Street Jewelry Repair Services, Inc. forgot to make an adjusting entry for Depreciation Expense for the
charle [14.2K]

Answer:

C) Total assets are overstated.

Explanation:

The journal Entry for the Depreciation is as follows:

Dr. Depreciation Expense          xxx

Cr. Accumulated Depreciation   xxx

By missing this Journal entry the Accumulated depreciation account will be understated as we know that this is a contra asset account and this will net off the Long term assets. So, as a result the total asset will be overstated.

8 0
3 years ago
Other questions:
  • Brinker accepts all major bank credit cards, including First Savings Bank's, which assesses a 4.5% charge on sales for using its
    10·1 answer
  • The types of job-specific knowledge you need to perform well in a specialized field, known as _______ skills, appear to be most
    5·1 answer
  • Prime lending rates are 1) __________ than subprime lending rates and are commonly offered to people with 2)__________ credit sc
    8·2 answers
  • Which one of the following accounts will have a credit balance?
    11·1 answer
  • Christin, the CEO of a national IT manufacturer, was approached by Ultimate Phones, a new company that is marketing a new type o
    14·1 answer
  • Journalize the following transactions that occurred in for ​, assuming the perpetual inventory system is being used. No explanat
    7·1 answer
  • Eric and Chris run a non-regulated natural monopoly producing electricity for a small town. The barrier most likely preventing o
    5·1 answer
  • What would you like to be when you grow up?
    11·1 answer
  • If you put money into a compound interest account with 7.2% interest rate how many years will it take to double your money?
    13·1 answer
  • what attracts you to jpmorgan chase, and specifically, an opportunity in the corporate analyst development program?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!