Answer:
<u>Resuming:</u>
The company should keep open.
It should decrease their production to lower their cost
Explanation:
The company should decrease their production, because is working on a sub-optimal capacity.
The current price is 25 and our variable cost are 20
This means the<u> company is covering all the variable cost.</u>
The company<u> is above the shutdown point.</u>
However because the average total cost is 28
It <u>is neither on break-even or profit zone.</u>
The business should reduce the variable cost in the short-term
and focus in reduce the fixed cost in the long-term
Answer:
The correct word for the blank space is: Financial.
Explanation:
Financial management within an organization is in charge of planning, organizing, and controlling the financial sources in a way that matches the company's needs with its objectives. It aims to generate profit for a business to make sure the Return Over Investment (<em>ROI</em>) of the firm is good enough.