We need the is as follows to know and answer the question sorry but can hellp unless the questions finished
Answer:
d. Continue production in the short run, but exit the business in the long run unless prices are expected to rise or costs to fall..
Explanation:
Currently, their sales revenue less variable cost is positive as it can sale at $1.50 dollars and the variables cost are less than that. Therefore, there are fixed cost thefirm can pay because it produce.
Now, in the long-run when the firm can exit the market it should consider to do so if it continues to get an average cost above the selling price.
Answer:
C) Independence
Explanation:
A) Limited potential is not at all related to the excerpt
B) In no form does the passage mention any interaction with customers
The same goes with the answer D)
E) The passage states multiple lines with allusions to how they change what they want, not receive change itself from an outside force. "Operating their own" "Masters if their own destinies" "Take a vacation"
