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
Serhud [2]
3 years ago
8

A pencil manufacturer is in a perfectly competitive market. The firm can sell as much as it wants at a price of $1.50 per pencil

. At some production levels, its average variable costs are less than $1.50, but there is no production level where its average total cost is equal or less than $1.50. What would be your recommendation to the pencil manufacturer? a. Increase production to decrease fixed costs per unit. b. Exit the business immediately. c. Continue production both in the short run and in the long run. d. Continue production in the short run, but exit the business in the long run unless prices are expected to rise or costs to fall..
Business
1 answer:
Ierofanga [76]3 years ago
3 0

Answer:

d. Continue production in the short run, but exit the business in the long run unless prices are expected to rise or costs to fall..

Explanation:

Currently, their sales revenue less variable cost is positive as it can sale at $1.50 dollars and the variables cost are less than that. Therefore, there are fixed cost thefirm can pay because it produce.

Now, in the long-run when the firm can exit the market it should consider to do so if it continues to get an average cost above the selling price.

You might be interested in
How does the internet help consumers make well-informed decisions?
Rasek [7]

Because the internet make it so much easier for consumers to do research before making decision.

Through the internet, the consumers could know the credibility of a certain product by reading past experiences of other consumers that have used it before. Not only that, the consumers might know the side effects of the product which might be intentionally hidden by the producer.

3 0
3 years ago
Read 2 more answers
In the United States many farms are integrated into a large food-production industry. This is known as:
Zielflug [23.3K]
Agribusiness, i believe is your answer

hope this helps :)
8 0
3 years ago
Read 2 more answers
Which of these statements about life insurance benefits is false?
Zigmanuir [339]
<span>Employers normally require employees to pay a large portion of thecost of the life insurance benefit.</span>
3 0
3 years ago
If you had invested $100 in 1972 in the 500 stocks of the s&amp;p500 index, how much would you have had in 2018?.
ANEK [815]

If you had invested $100 in 1972 in the 500 stocks of the s&p500 index $1,612

<h3>What is stocks ?</h3>

A stock is a type of investment that represents ownership in a portion of the issuing company and is commonly referred to as equity. Owners of shares, often referred to as units of stock, are entitled to a portion of the company's assets and earnings in proportion to the number of shares they own.

The majority of private investors base their portfolios on equities, which are often bought and sold on stock exchanges. Stock trades must adhere to government regulations intended to protect investors from deceptive practices.

A sort of instrument known as a stock, which is commonly exchanged on stock exchanges, represents the holder's ownership interest in the issuing company.

Corporations issue stock as a means of raising capital to fund their operations.

Common are the two main stock classifications.

The two primary stock categories are common and preferred.

To learn more about stocks  from the given link:

brainly.com/question/25818989

#SPJ4

4 0
2 years ago
Which eoc configuration aligns with the on-scene incident organization
ludmilkaskok [199]

<u>Answer:</u>

<em>ICS or ICS-like EOC structure aligns with the on-scene incident organisation.</em>

<u>Explanation:</u>

A Emergency operation centre focus (EOC) is a headquarters and control office in charge of completing the standards of crisis readiness and crisis the board, or calamity the executives capacities at a key level during a crisis, and guaranteeing the congruity of activity of an organization, political.

ICS is far reaching being used from law implementation to consistently business, as the essential objectives of clear correspondence, responsibility, and the productive utilization of assets are regular to the occurrence and crisis the board just as every day activities.

5 0
3 years ago
Read 2 more answers
Other questions:
  • Scenario 1: Individual Retirement Accounts (IRAs) allow people to shelter some of their income from taxation. Suppose the maximu
    8·1 answer
  • 1. A simple random sample of size 15 is drawn from a normal population whose standard deviation is assumed to be 8. What's the m
    9·1 answer
  • In the clientele network model, the ahima guidelines about clinical documentation improvement are an example of a(n) ___________
    12·1 answer
  • Awesome Sweets sells different kinds of cookies, candies, and other sweets. Awesome Sweets has a return on assets (ROA) of 6.9%
    6·1 answer
  • To choose the best training method, a company should consider such factors as the number of people to be trained, the cost of tr
    6·1 answer
  • If a cost's step-cost behavior follows very narrow steps, the costs may be approximated using:
    10·1 answer
  • Under absorption costing, a company had the following unit costs when 10,000 units were produced:DL: $2 per unitDM: $3 per unitV
    10·1 answer
  • Stanford owns and operates two dry cleaning businesses. He travels to Boston to discuss acquiring a restaurant. Later in the mon
    14·1 answer
  • Kray Incorporated, which produces a single product, has provided the following data for its most recent month of operations: Num
    9·1 answer
  • Marketing to people based on their lifestyle is called
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!