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ziro4ka [17]
3 years ago
6

The pizza industry is perfectly competitive and has​ 1,000 firms. all firms are identical. in​ long-run equilibrium, each firm i

s​ _______.
a. making economic profit
b. just covering total variable cost
c. incurring an economic loss
d. making zero economic profit
Business
1 answer:
Olegator [25]3 years ago
8 0
Hx jk mm so so so so I app Sophocles
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Hoi Chong Transport, Ltd. Operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven
Ede4ka [16]

Answer:

The total cost will be "$1,279,286.25".

Explanation:

The total cost at 125000 Km will be:

=125000\times  12.520

=1,565,000 ($)

The total cost at 90000 Km will be:

=90000\times 16.5

=1,485,000 ($)

The variable cost will be:

=\frac{(1,565,000 - 1,485,000)}{(125000 -90000) }

=2.28571 ($)

Now,

Fixed cost = Total \ cost -variable \ c ost

                  = 1,565,000 - 125000\times 2.28571

                  = 1,279,286.25 ($)

5 0
4 years ago
The FIFO method provides a major advantage over the weighted-average method in that: A. the calculation of equivalent units is l
Scrat [10]

Answer:

C. the FIFO method separates the work done during the current period to provide measurements of work done during the current period.

Explanation:

When you are calculating production costs and equivalent units, FIFO method only focuses on the goods produced during the accounting period and basically doesn't consider previous costs associated to beginning inventory. On the other hand, the weighted average method includes both current costs and costs associated to beginning WIP.

3 0
3 years ago
When you want to add coverage for something not included in an insurance policy, what would you add to your policy?
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5 0
3 years ago
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Economists define potential income as the level of income that: Group of answer choices an economy is capable of producing witho
andrey2020 [161]

Answer:

an economy is capable of sustaining or producing without generating higher inflation.              

Explanation:

In simple words, potential economy refers to that level of output or GDP that an economy can produce and sustain over  along term with its given level of inflation and resources available.

Potential income has to be maintained over a long term and is based on the assumption that all of the resources available, whether human or natural, will be utilized as according to their maximum utility power.    

6 0
4 years ago
_______ property is an ownership fence, which applies to resources like land that more than one individual owns jointly.
OverLord2011 [107]

Answer:

Common

Explanation:

6 0
3 years ago
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