Your answer should be true
Answer:
C. the firm should produce if its price exceeds average variable cost.
Explanation:
WHen average total cost is less that price, this means you are making a profit, and since they are in the equilibrium sate with Margina revenue being equal to marginal cost, they are in the sweet spot of production, so the only thing left for them is producing if its price exceeds average variable cost, and that would maximize their profits.
Answer:
Free trade focuses on the reductions of barriers and policies of nations.
Fair trade seeks to bring favor to the right of the worker.
Explanation:
Answer:
Followings are the example of new reality of American life during the Depression or war year is given below in the explanation part
Explanation:
The example is given below:
- Millions of American people made slum areas over the America in free land and fields because they lost their homes
- country people tried to find jobs in other countries, they did not find the job there.
- Faintness inverted people from farms to cities
Depression completely changed the way of Americans live
Answer:
Pension plan assets at the year end will be $214
Explanation:
Wee have given pension plan assets = $200 million
Return on plan assets = 5%
So return will be equal to = $200×0.05 = $10 million
Cash contribution is given $12 million
Retiree benefits is $8 million
We have to find the amount of pension plan assets at the year end
Pension plan assets is equal to = Plan assets at beginning of the year + actual return - retiree benefits = $200 + $10 +$12 - $8 = $214
So pension plan assets at the year end will be $214
