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alukav5142 [94]
2 years ago
9

With which of the following scenarios should a perfectly competitive firm shut down in the short run?

Business
1 answer:
Fofino [41]2 years ago
3 0

Answer:

both I and II

I. P = $80, VC = $180,000, and Q = 2,000

III. P = $11.55, ATC = $15, and AFC = $2

Explanation:

In a perfectly competitive market, businesses will shut down in the short run if the unit price of their products is smaller than the variable cost of producing that product.

I: price is $80 which is less than the variable unit cost $90

II: price $535 which is larger than the variable unit cost $500

III: price $11.55 which is less than the variable unit cost $13 (= $15 - $2)

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Say that you have invented a new snack food product and would like to market it to college students. What are some of the advert
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Explanation:

The ideal would be to create an advertising message that would bring value and engagement to the target audience that you want to reach, which in this case are young university students. Use more modern and informal communication, elements of youth culture, such as music, films and series, which add value to advertising to attract the desired audience.

It would also be important that advertising communication be carried out in colleges, through advertising on student radio or as a sponsor of sports games.

If the product is well aimed at meeting the needs of university students and has a positive response, in the future it can grow and be consumed by other students and thus become a product of value for young people.

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3 years ago
What will happen to your credit score if you do not manage your debt wisely?
galina1969 [7]

Answer:

it will go down

Explanation:

common sense  

6 0
3 years ago
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You are Chair of the Federal Reserve Board. In your meeting with the Federal Open Market Committee, the committee un-animously v
ivolga24 [154]

You reply that "OMOs are the purchase and sale of government securities. To increase the money supply we will buy government securities which increases the amount of reserves in the banking system and fuels deposit expansion".

<u>Option: A</u>

<u>Explanation:</u>

The action of central bank to offer or take liquidity from or into a bank or a collection of banks in its exchange rate currencies is understood as an open market operation or OMO. The central bank is the only origin of such policy which may either purchase or sell the bonds of government on the open market or in what is now often the acceptable option, engage into a repo or protected lending agreement with a commercial bank: the central bank lend the monetary as a reserve over a given period of time and concurrently selects the qualified asset as security.

Here the Chair of the Federal Reserve Board explained OMO for the purpose of their use in the scenario of increasing money supply, by purchasing or selling the bonds or securities of public authorities to eligible bodies for the increment of assets in banking sector to drive the expansion of deposits.

8 0
3 years ago
In business, it is customary to praise individualistic competition and denigrate collective bargaining in all forms. However, in
GuDViN [60]

Answer:

What lessons are we to learn from this?

The Hanseatic league, just like the Northern Italian City-States of the Late Middle Ages, are early examples of capitalism: they represent proto-capitalism.

In the cities that belonged to the Hanseatic League, the work of merchants was promoted, and capital accumulation and the profit motive began to develop. However, this does not meant that cooperation was out of place. The merchants cooperated voluntarily because they could get more working in association.

Are there prospects for more merchant leagues in an increasingly globalized economy?

There will always be the prospect for more merchant leagues, because people naturally cooperate if it is in the benefit of all the parties.

In fact, trade unions and economic unions could be seen as a form of merchant league, that are created by states instead of individual merchants.

3 0
3 years ago
You short-sell 200 shares of Tuckerton Trading Co., now selling for $50 per share. What is your maximum possible loss?
Fed [463]

Answer:

The answer is D.

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The maximum possible loss is unlimited because the price increase (which will be at a disadvantage to the investor might not be known).

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