Answer:
Shut down as P < AVC.
Explanation:
Given that,
Selling price = $24
Average variable cost = $25
Average total cost (ATC) = $30
Marginal cost = $24
He should shut down because the price received by him for the product is less than average variable cost. He should shut down its operations because he won't be able cover the average variable cost associated with the production of the product.
Price = $24 which is less than average variable cost of $25.
If he will be able to cover its variable cost then he will continue operating in this market condition.
I would say if thats what you want to do go for it because the people that love you should want nothing more than for you to be happy.
Answer:
B) How have consumer preferences in frozen yogurt flavors changed in the last five years
Explanation:
During the analysis phase of the AFI strategy framework we need to evaluate that how have consumer preferences in frozen yogurt flavors changed in the last five years. Since we know that AFI framework analysis we seek the planning analysis, formulating and implementation. Companies always go back to reassess their strategy based on changes in the environment.
D) They are ranked by how quickly we can access the cash.
Answer:
False
Explanation:
Credit can allow you to make investments that earn money such as a house or a college education. It can also allow you to take advantage of good prices on things that you need such as a car or laptop. While there are disadvantages to credit, and you have to be careful when using it, there are many advantages as well.
