1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dennis_Churaev [7]
3 years ago
10

Megatron is a competitive firm operating under the following conditions: Price of output is $15, the profit maximizing level of

output is 40,000 units, and the total cost (full economic cost) of producing 40,000 units is $650,000. The firm's only fixed factor of production is as $750,000 stock of capital (a building). If the interest rate available on a comparable risks is 8 percent, should this firm shut down immediately in the short run? Explain your answer.
Business
1 answer:
insens350 [35]3 years ago
7 0

Answer:

Firm should be shut down in short run

Explanation:

We have given price of output = $15

Total economic cost = $650000

Total number of units for maximizing profit level = 40000

So average economic cost =\frac{650000}{40000}=$16.25

As the average economic cost is greater than price of the output

So firm should be shut down in short run

Answer will be firm should be shut down in short run

You might be interested in
PERT and CPM
ValentinkaMS [17]

Answer:

Answer is option a, i.e. have been combined to develop a procedure that uses the best of each.

Explanation:

In project management, PERT i.e. project evaluation and review technique is used as a statistical tool that is used to assess the overall work that is done to complete a certain project. In order to complete a particular task, there can be 'n' number of paths or ways. The best decision of selecting a pathway that is time-saving as well as cost-saving is to be found out. This chosen path is then referred to as 'Critical path.' Hence, PERT and CPM can be understood as two faces of a single coin, and have been combined to develop a procedure that uses the best of each.

5 0
3 years ago
Kirksand Airlines is well known for providing excellent customer service to its flyers. The staff members inquire about each fly
patriot [66]

Answer: Personalization

Explanation: In simple words, personalization refers to the altering of product or services by the producer with the objective of increasing the customer satisfaction.

In the given case, the employees of Kirksand airlines respond to the specific needs of the customers readily. They are flexible in their operations and always be ready to fulfill specific requests.

Hence, from the above we can conclude that the correct option is B.

7 0
3 years ago
Public opinion suggests that overall, americans' commitment to the country and its core institutions is
ivanzaharov [21]
<span>Public opinion suggests that overall, Americans' commitment to the country and its core institutions is strong. Although the United States is composed of 50 states, it remains to be united in its cause. Until now, it is considered to be one of the most powerful countries in the world. This has been the case due to the Americans' strong sense of patriarchy.  </span>
3 0
3 years ago
What should the manager know about foodservice equipment​ safety?
Jet001 [13]
Your answer is B, <span>If approved by the NSF, it will have a mark to indicate that endorsement.</span>
4 0
3 years ago
All of the following are true regarding Plan Communications Management except for which one? A. The communications management pl
Ipatiy [6.2K]

Answer:

D. Data gathering, communication technology, communication methods, and expert judgment are some of the tools and techniques of this process.

5 0
3 years ago
Other questions:
  • Everyday fresh is a retail outlet that sells its products at a discounted rate. It expands its product base to a new division th
    9·1 answer
  • In one day, Sue can change the oil on 20 cars or change the tires on 20 cars. In one day, Fred can change the oil on 20 cars or
    7·1 answer
  • Fortune Company's direct materials budget shows the following cost of materials to be purchased for the coming three months: Jan
    6·1 answer
  • A farmer realizes that he is not getting fair price from the agents who buy produce from him and sell it to the markets. As such
    12·1 answer
  • Which sentence from the scarlet lbis is foreshadowing
    13·1 answer
  • Who is commonly attributed for discovering the law of effect
    12·2 answers
  • our individuals form a business and create a contract to divide the profits equally among the four. Gary invests $11,000, Neil i
    10·1 answer
  • A cable TV company redesigned jobs so that one employee interacts directly with customers, connects and disconnects their cable
    7·1 answer
  • Azzura is comparing different cars and believes that the sedan has a better mix of benefits in relation to price than the sports
    15·1 answer
  • Different segments of the project are delegated to respective functional units. this is called?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!