Answer:
B. The market demand is perfectly elastic at the market price. °
Explanation:
As we know that in the case of perfect competitive market there is a big number of sellers and buyers who sells same kind of product, there is no entry and exit barriers also the firm is a price taker
In addition to this, the market price and output would be measured by the supply and demand force. The profit maximizing output for every firm would considered the market price with the prescribed output and at the time when firm is shutdown so the market price would below the average variable cost
So the option b is incorrect
a fallacious argument would be one that is based on fallacies or disagreements
Answer:
![\left[\begin{array}{ccc}-&Q2&Q3\\Sales&327,000&221,000\\Ending&132,600&153,600\\Beginning&196,200&132,600\\Production&263,400&242,000\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D-%26Q2%26Q3%5C%5CSales%26327%2C000%26221%2C000%5C%5CEnding%26132%2C600%26153%2C600%5C%5CBeginning%26196%2C200%26132%2C600%5C%5CProduction%26263%2C400%26242%2C000%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
Ending: 60% of nex quearter
q3 221,000 x 60% = 132,600 ending of q2 (therefore beginning of q3
q4 256,000 x 60% = 153,600 ending of q3
begining of q2 is ending of q1 196,200
Production:
sales + desired ending inventory - beginning units
Answer:
INCREASE
Hope I help!!!
