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jeka94
3 years ago
6

(a) Argue whether or not a firm should continue production if its MR is lower than its AVC. (b) Support your argument with expla

nations.
Business
1 answer:
Delvig [45]3 years ago
4 0

Answer: A firm should not continue production when its MR is lower than its AVC.

Explanation:

The goal of every firm is to minimize cost and also maximize profits and therefore the firm will operate at the output level where the marginal revenue and the marginal cost equates.

A firm should not continue production when its MR is lower than its AVC. Here, the firm will incur a higher loss during production as producing will not offset the variable cost. Therefore, it's better to shut down.

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Which of these is an acceptable less hazardous method of cleaning than solvents?
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Answer:

I believe it is A

Explanation:  Recommended Best Practices for Disposable Aerosol Cans. 44 ... Reactivity - A waste is reactive if it reacts violently with water, forms potentially ... K-Listed Wastes: These are hazardous wastes from specific processes, many of ... Appendix C. ... Aqueous clean- ers are less toxic than petroleum- based solvents.

4 0
3 years ago
WHO IS THIS ECHO PERSON? LIKE WHY ARE YOU GETTING RID OF MY STUFF??
Harman [31]

Answer:

no c

Explanation:

6 0
3 years ago
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Given the following information, determine the cost of goods manufactured and the cost of goods sold for the year ended December
natulia [17]

Answer:

$731,000 and $684,000

Explanation:

The computations are shown below:

For cost of goods manufactured    

= Direct materials used + Direct labor cost + Manufacturing overhead incurred + opening work-in-process inventory - closing work-in-process inventory    

= $271,000 + $126,000 + $359,000 + $193,000 - $218,000

= $731,000

For cost of goods sold

= Opening finished goods Inventory + Cost of goods manufactured - Ending finished goods Inventory

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= $684,000

4 0
3 years ago
A customer ordered a bridal veil from your website two weeks ago and is concerned that it's two days before the wedding and the
ser-zykov [4K]

A customer ordered a bridal veil from your website two weeks ago and is concerned that it's two days before the wedding and the veil hasn't arrived. Which of the following would be a good customer service response?

Overnight another veil to the bride so that there's no risk that she won't have the veil for the wedding. This would be the best customer service response because it is making sure you meet the needs of your customer. If you do not overnight another veil to them, they will likely leave a bad review of your store because they were expected to have an item by the wedding date. Customer service ensures that the customer is always taken care of and the second response is basically telling the customer it is their problem and they can find another veil and return that one for their money back. This would leave the bride struggling to find something on short notice for the wedding instead of simply overnighting one.

3 0
3 years ago
Read 2 more answers
Iris Souza started the summer with $30. She took $10 and made signs for her dog walking service. She posted the signs all over h
Ivenika [448]

Answer:

Souza's profit for her summer job is $125

Explanation:

Profit is the amount remaining after deducting total expenditure from total revenue.

Since Souza had $125 left after purchasing for herself a new pair of shoes for $50 at the end of the summer, her profit for her summer job is $125

6 0
3 years ago
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