Answer:
C) the market price falls below $170 per unit.
Explanation:
If this firm is a price taker, it means that it is operating in a perfect competition market. In such markets, since the entry and exit barriers are very low or nonexistent, if the equilibrium price falls below the variable cost, the firms should halt production in the short run until the equilibrium price rises again. The firm should resume production only after the equilibrium price exceeds the variable costs.
This situation is only applicable on the short run. On the long run the firm should only produce if the equilibrium price is greater or equal to its marginal cost.
Answer: It would either be A or D.
Explanation:
because an oral presentation is a presentation that presents research and statistical information and a slide presentation could do the same but an oral presentation might show more statistical information and a slide might present more research, but if I had to choose one that might be the answer I would say Oral presentation since that's the most common way of presenting research of a topic
Answer:
Having a good business idea and market research would make it crystal clear whether or not the project is viable or not. The first thing is that Jean must consider is that he must analze whether the project is financially viable or not. Once we are sure that the return is above the market average thereafter then Jean must consider writing the business proposal.
In business proposal Jean must present his innovation, market research, customer segments, entrepreneur ecosystem in which the business would operate. The marketing strategy, sales forecasting on well researched market research which provides solid grounds for forecasting, future targets, etc. So these all things must be considered while writing. I have prepared a business proposal and worked as a market researcher for that business proposal, traveled 300km for gathering market research. Paper work is nothing in startup. Everything is your market research, understanding your customers, competitors and costs that are associated with the products that we are going to offer.
I will also like to tell that commitment brings money. If you are committed to do a particular thing then be committed but you must analyze the situation first (market research, investment appraisal). Funds are limitless to committed poeples. US startup loans, accelerators programs, etc. There are millions of sources of finance options. We are not in 19 hundred, we are in a modern world and we can arrange money for an attractive investment.
The answer is d by the way