Answer: It should shot down immediately.
Explanation:
If the market price is equal to average cost at the profit-maximizing level of output, then the firm is making zero profits. If the market price that a perfectly competitive firm faces is below average variable cost at the profit-maximizing quantity of output, then the firm should shut down operations immediately.
An equality and diversity policy is basically a written agreement for your organization on how you will avoid discrimination and provide a safe and inclusive environment for your members and service users.
<h3>What is meant by currency of a plan?</h3>
The currency in which the Policy is denominated, as described in the Policy Schedule, is referred to as the Policy Currency.
The assessment of the currency of diversity plan or policy therefore, is the process of ensuring that a diversity policy or plan is up to date.
Learn more about diversity plans:
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Answer:
James operates a restaurant in a seaside tourist town. It is winter and all the tourists have left
Rex invests in new computer software that will automate his bookkeeping.
Explanation:
In winter, the patronage at James' resturant would drop because tourists would have left. Because demand at the resturant has dropped, James would reduce his demand for Labour which are his staffs. He would let some staffs go temporarily to reduce costs .
If Rex invests in a software that automates his book keeping, he wouldn't need an accountant to help with his book keeping, so demand for labour would fall.
After Katie's competition closes down, more people would patronise Katie. Katie's demand for Labour would increase because of the influx of customers.
Amy would need labour to obtain wood; her demand for Labour would increase.
If school is just resuming, there would be a high influx of people into the bookstore, the bookstore would increase its demand for Labour because of the high influx of customers .
I hope my answer helps you.
Answer:
Test marketing.
Explanation:
Test marketing is an experimental tool used by manufacturers to test the viability of their products under typical market conditions, comprised of stores and real life buying situations, in order to determine its sales performance and ascertain its acceptability by consumers.
Hence, Marin's Cleaning Supplies Company when doing business analysis should consider test marketing strategy when deciding whether to develop the cleaner.
Answer: $36 per machine hour
Explanation:
Assuming Jackson Inc. applied overhead based on machine hours, the firm's predetermined overhead rate for 2019 would be calculated by dividing the budgeted factory overhead by the budgeted machine hours. This will be:
= $1,530,000 / 42,500
= $36 per machine hour
