Answer:
Variable factory overhead = 3.00
Fixed factory overhead = 1.80
Explanation:
See the table in the attached image
Answer: The correct answer is "d. equal to average cost, including the opportunity cost of capital.".
Explanation: In the long run the prices charged by a firm in monopolistic competition will be equal to average cost, including the opportunity cost of capital.
In long-term monopolistic competition, the demand curve will be tangent to the average long-term cost and the price set at this level. The benefits will be equal to zero and therefore there will be no entry or exit of companies.
(B) is correct i.e. low of self esteem.
- Self esteem means confidence in oneself, its overall your opinion what to do, what is your interest, what do you think about your abilities, & what are you limitations.
- District Manager, this is such a renowned position which requires a lot of self- confidence, good communication, leadership and many more.
- Here Cheng's point of view is very negative, he is full of low confidence in himself , don't have patience and leadership quality so that he can manage the situation in the district. From my point of view blaming yourself can't be the solution of it.
- Cheng's should have that much confidence in himself than only he can manage the situation & can bring his district over the other.
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