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Iteru [2.4K]
2 years ago
13

In order to continue operating, in the long-run a firm must a. ​Charge a price equal to its AVC b. ​Charge a price equal to its

AFC c. ​Charge a price equal to its AC d. ​None of the above
Business
1 answer:
Marina CMI [18]2 years ago
7 0

Answer:

The answer is option A)

In order to continue operating, in the long-run a firm must A) ​Charge a price equal to its AVC

Explanation:

In order to continue operating, in the long-run a firm must charge a price equal to its Average Variable cost AVC.

This is because, a long run is a period of time in which all factors of production and costs are variable.

Over the long run, a firm will search for the production technology that allows it to produce the desired level of output at the lowest cost. If a company is not producing at its lowest cost possible, it may lose market share to competitors that are able to produce and sell at minimum cost.

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Leno4ka [110]
B. A Reinvestment Plan.

Hope this help! :)
5 0
3 years ago
Read 2 more answers
Rohit, an Indian, is a marketing executive in an American company. He graduated from a top Ivy League university in the United S
Bogdan [553]

Answer: <u><em>The company prefers to have white Americans at top positions</em></u>, is most likely the reason why Rohit was not promoted.

In this particular case, Rohit a marketing executive who has graduated from a top Ivy League university in the United States and has been known for his outstanding performance, positive attitude, and innovative ideas yet somehow Ryan, a white male with lesser experience and average performance, is promoted to the position of marketing manager.

This states that there is discrimination in this organization and they tend to hire white people over people of color.

<em><u>Therefore, the correct option is (b). </u></em>

3 0
3 years ago
Pat Jones is a college student who is planning some networking opportunities for the current l semester. Pat wanted to look
DaniilM [7]

Answer:

1. I feel like Pat's new strategy isn't ethical. Pat doesn't pay for the suits; he just buys them and then returns them. Pat benefits, but the store he gets the suits from doesn't. In fact, they are harmed from this transaction because they are unable to have the suit for others to buy while Pat has it. There could be consequences with this strategy. For example, the suit might be damaged, and Pat won't be able to return it. Another problem is that others might find out about Pat's strategy, and they might view them as unprofessional. This is a problem for Pat since the reason Pat wore those suits was to look professional.

2. The stores are harmed from this transaction. They are unable to sell the suits to other buyers. The stores lose potential customers, so the stores lose potential money.

3. The companies should record that Pat had bought the suit only to return it the next day, so that they can act accordingly when Pat or someone else comes back to "buy" a suit.

Explanation:

7 0
2 years ago
Which of the following is most consistent with a relationship marketing strategy?
aleksklad [387]

Answer:

Option C  

Explanation:

Relationship marketing refers to the strategy aimed at encouraging customer satisfaction, communication, and tight-term commitment. It is built to create strong customer relationships by presenting them with content that is specifically relevant to their desires and needs, and by encouraging open lines of communication.

Relationship marketing involves building and preserving interaction with customers over period via online marketing or other techniques which improve their chances of coming back to your company in the future. In particular, regular customers are essential because they are major sources of new clients and reviews and are also inclined to make repeated purchases.                            

4 0
3 years ago
How much does it cost to play 18 holes at augusta national.
Vladimir [108]

Answer:

$21 to $27

Explanation:

That how much it is

5 0
1 year ago
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