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Schach [20]
3 years ago
14

For a particular competitive firm, the minimum value of the average variable cost (AVC) is $12 and is reached when 200 units of

output are produced. For the same firm, the minimum value of the average total cost (ATC) is $15 and is reached when 230 units of output are produced. Which of the following statements is correct?
a. In the short run, the firm will shut down if the price of its product is $11.
b. In the long run, the firm will shut down if the price of its product is $14.
c. If the price of its product is $12, then the firm's loss if it produces 200 units of output is the same as its loss if it shuts down.
d. All of the above are correct.
Business
1 answer:
notsponge [240]3 years ago
6 0

its D i am 100% sure1

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Kohl's Corporation decided to discontinue its Kohl's credit card operations. What factors would this department store company ha
mart [117]

Answer:

The most likely factor that this department store company would have considered in discontinuing its credit card operations is the issue of bad debt.

Bad debt may likely have prevented them from making the required profit to cater for the needs of the company such as payment of salaries and purchase of goods which if not treated may lead to the collapse of the company.

3 0
3 years ago
What is a disadvantage about buying a home?
lisabon 2012 [21]

Answer:

c. you need a lot of money to buy a home

Explanation:

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8 0
2 years ago
Read 2 more answers
what is the purpose of this media message? to inform people that they have the opportunity to support a cause to inform people t
Korolek [52]

The purpose of this media message is to inform people that they have the opportunity to save money. Thus, option B is correct.

What is the media?

Media refers to any route of transmission. This can range from written paper to electronic material, and it provides data in a broad range of forms, including art, journalism, and instructional materials.

A media message is a form of communication that eventually contributes to a viewer, including a television program, website, news article, advertising, or status update through which the information can be conveyed.

As there needs to be a message that needs to be sent to the people, that means that the message can be conveyed that the people need to save money as well as the methods can also be said or be specified in the same with the help of any medium that can be possible. Therefore, option B is the correct option.

Learn more about media, here:- brainly.com/question/27175118

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3 0
1 year ago
Performance Bike Co. is a wholesaler of motorcycle supplies. An aging of the company's accounts receivable on December 31 and a
maw [93]

Answer:

$36,648

Explanation:

age                                      balance     % uncollectible           total

Not past due                   $890,000               3/4%                 $ 6,675

1-30 days past due           $97,900                   2%                   $ 1,958

31-60 days past due         $44,500                   6%                  $2,670

61-90 days past due         $32,000                 16%                  $ 5,120

91-180 days past due         $23,100                40%                 $ 9,240

<u>Over 180 days past due    $16,900                65%                $10,985  </u>

Total                                  $1,104,400                                    $36,648

journal entry should be:

December 31, 202x, bad debt expense

Dr Bad debt expense 36,648

    Cr Allowance for doubtful accounts 36,648

8 0
3 years ago
Shocker Associates sold office equipment for cash of $162,000. The accumulated depreciation at date of sale amounted to $123,000
siniylev [52]

Answer:

Original Cost of asset = $269,000

Explanation:

Provided information,

We have been provided that selling value of equipment = $162,000

Gain recognized on sale = $16,000

Gain = Selling price - Book Value

$16,000 = $162,000 - Book Value

Book Value = $162,000 - $16,000 = $146,000

Accumulated Depreciation = $123,000

Book Value = Original Cost - Accumulated Depreciation

$146,000 = Original cost - $123,000

$146,000 + $123,000 = Original Cost = $269,000

8 0
3 years ago
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