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slamgirl [31]
3 years ago
6

A competitive firm maximizes profit at an output level of 500 units, market price is $24, and ATC is $24.50. At what range of AV

C values for an output level of 500 would the firm choose not to shut down
Business
1 answer:
rosijanka [135]3 years ago
3 0

Answer:

A firm would shut down if its Current Price P < AVC (Current Price is less than the Average Variable Cost)

Thus, the condition for not shutting down of a firm is P > AVC (Current price is greater than the Average Variable Cost)

When AVC is less than $24, the firm will choose not to shut down because it is covering its variable costs at the current price

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Monetary policy does not require congressional approval, it is more flexible than fiscal policy. Conversely, monetary policy has a propensity to increase inflation more than fiscal policy.

A country's central bank uses a set of instruments called monetary policy to regulate the total amount of money in circulation, foster economic expansion, and implement measures like adjusting interest rates and altering bank reserve requirements.

The Federal Reserve Bank of the United States carries out a monetary policy under a twin mandate to maximise employment while containing inflation.

A nation's overall money supply is managed by monetary policy, which also aims to promote economic growth.

Interest rate changes and adjustments to bank reserve requirements are examples of monetary policy strategies.

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Poodle Corporation was organized on January 3, 2011. The firm was authorized to issue 100,000
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Answer:

C. $370,000

Explanation:

Poodle Corporation was organized on January 3, 2011. The firm was authorized to issue 100,000  shares of $5 par common stock.

During 2011, Poodle had the following transactions relating to  shareholders' equity:

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Paid - In capital refers to the funds that stockholders have invested through the purchase of stock from the issuing company, including premiums and not just par value.

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