Answer:
reduce output
Explanation:
The marginal cost ($26) is greater than the marginal revenue ($25). In order to maximise profit, marginal cost should he reduced up to the point where marginal cost equals marginal benefit.
A firm should shutdown, reduce production to zero if average variable cost is greater than price but in this question, the firm shouldn't shut down since price ($25) is greater than average variable cost ($24).
I hope my answer helps you
Answer:
Bait and Switch
Explanation:
Bait and switch is a deceptive sales technique that draws customers in with the promise of low prices and then "switches" to say that the promised item is not available. It is actually illegal under <em>some </em>circumstances in the United States.
Hi there
What we need first is the book value of the equipment
The book value is
originally costing - accumulated depreciation
100,000−65,000=35,000
Since the sale price is 40000 and the book value is 35000 This result a gain of 5000 (40000-35000)
Good luck!
Answer:
It will be a financial disadvantage of Alternative Y over Alternative X
which menas, alternative X is better as their work is lower.
Explanation:
![\left[\begin{array}{cccc}&X&Y&$Differential\\$Material cost&-43000&-62000&-19000\\$Processing cost&-47200&-47200&0\\$Equipment rent&-17800&-17800&0\\$Occupancy cost&-16800&-25100&-8300\\&&&0\\$Total&-16800&-25100&-8300\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%26X%26Y%26%24Differential%5C%5C%24Material%20cost%26-43000%26-62000%26-19000%5C%5C%24Processing%20cost%26-47200%26-47200%260%5C%5C%24Equipment%20rent%26-17800%26-17800%260%5C%5C%24Occupancy%20cost%26-16800%26-25100%26-8300%5C%5C%26%26%260%5C%5C%24Total%26-16800%26-25100%26-8300%5C%5C%5Cend%7Barray%7D%5Cright%5D)
