Answer:
Mrs.Smith should continue to operate the business in the short run but shut down in the long run.
Explanation:
According to the shut down rule, at the profit-maximizing positive level of output, a business in a competitive market should continue to operate in the short-term if the price equals to or is greater than the average variable cost, but should shut down in the long term if the price is less than or equal to total cost. Here,
price = $8.10
avg variable cost = $8.00
avg total cost = $8.25
Mrs.Smith should continue to operate the business in the short run but shut down in the long run.
A 401k is a retirement savings plan that is hosted/sponsored by the employer.
The 403b plan is also known as a TSA (tax-sheltered annuity) which is a retirement plan for **specific employees** that are from public schools, certain ministers, or they're employees of certain tax-except (excused) organizations.
Answer: -29.75% to 52.33%
Explanation:
Given the Average return and the standard deviation, the range that is to be expected 95% of the time can be calculated by;
Upper bound = Average + (2 * standard deviation)
Lower Bound = Average - (2 * standard deviation)
Upper bound = 11.29% + (2 * 20.52%)
= 11.29% + 41.04%
= 52.33%
Lower bound = 11.29% - (2 * 20.52%)
= 11.29% - 41.04%
= -29.75%
The range is, -29.75% to 52.33%
Answer:
<h2>The correct answer here would be option a. given in the answer choices or earn a positive economic profit if price is greater than ATC(Average Total Cost).</h2>
Explanation:
- Monopolistically competitive market is a particular type of market structure characterized by multiple number of firms producing and selling various differentiated products in the market.
- Monopolistically competitive firms usually have higher pricing and market power than a perfectly competitive market structure but less than the purely monopolistic market structure with only one seller.
- Since,the monopolistically competitive firms have limited market and pricing power as they sell differentiated products or services,they can evidently charge or set a price for their products or services greater than the Average Total Cost or ATC and earn positive economic profit in the market.
- However,due to presence of partial market competition or rivalry, any economic profit earned by the firms in the short run would attract more number of firms to enter the market in the long run until the chance of probability of earning any further economic profit is completely diminished.
Answer:
These are the options for the question:
A. competitive bonuses.
B. intrinsic rewards.
C. morale boosters.
D. team incentives.
E. individual incentives.
And this is the correct answer:
D. team incentives.
Explanation:
Because the goal of Still Home is to have its employees work together, Still Home most likely offers them team incentives so that the employees are motivated to work as a team.
All the other options refer instead to rewards that are more likely to be put in place when competition among individual employees is to be fostered.
