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
Who is president <br> Of the United States of America
Hoochie [10]
Barack Obama is the President of the US
4 0
2 years ago
Read 2 more answers
Portal/site/MKTG-301-30-S1-2122/tool/Acdab 156 4646-412-6727.63abf7286271/e/delivery/deliver Assessment
Mekhanik [1.2K]

Answer:

this is the community his work about the system so he cannot ans this question sorry

3 0
2 years ago
Talarczyk Company sold 10,000 Super-Spreaders on December 31, 2017, at a total price of $1,000,000 cash, with a warranty guarant
Greeley [361]

Answer:

Explanation:

Sales revenue to be reported - $1,000,000

Warranty expense - $40,000

Unearned warranty revenue - $12,000

Cash = 1,000,000+12,000 = $1,012,000

Warranty liability - $40,000

5 0
3 years ago
Included in Sage Company’s December 31, 2020, trial balance are the following accounts: Prepaid Rent $5,870, Debt Investments (t
Sunny_sXe [5.5K]

Answer:

Step 1:

Start by setting it up with the divisor 20 on the left side and the dividend 16 on the right side like this:

           

 2 0 ⟌ 1 6  

Step 2:

The divisor (20) goes into the first digit of the dividend (1), 0 time(s). Therefore, put 0 on top:

       0    

 2 0 ⟌ 1 6  

Step 3:

Multiply the divisor by the result in the previous step (20 x 0 = 0) and write that answer below the dividend.

       0    

 2 0 ⟌ 1 6  

       0    

Step 4:

Subtract the result in the previous step from the first digit of the dividend (1 - 0 = 1) and write the answer below.

       0    

 2 0 ⟌ 1 6  

     - 0    

       1    

Step 5:

Move down the 2nd digit of the dividend (6) like this:

       0    

 2 0 ⟌ 1 6  

     - 0    

       1 6  

Step 6:

The divisor (20) goes into the bottom number (16), 0 time(s). Therefore, put 0 on top:

       0 0  

 2 0 ⟌ 1 6  

     - 0    

       1 6  

Step 7:

Multiply the divisor by the result in the previous step (20 x 0 = 0) and write that answer at the bottom:

       0 0  

 2 0 ⟌ 1 6  

     - 0    

       1 6  

        0  

Step 8:

Subtract the result in the previous step from the number written above it. (16 - 0 = 16) and write the answer at the bottom.

       0 0  

 2 0 ⟌ 1 6  

     - 0    

       1 6  

     -   0  

       1 6  

You are done, because there are no more digits to move down from the dividend.

The answer is the top number and the remainder is the bottom number.

Therefore, the answer to 16 divided by 20 calculated using Long Division is:

0

16 Remainder

Explanation:

8 0
3 years ago
Willow Corporation had three employees. Two of the employees worked full-time and earned salaries of $25,000 each. The third emp
Montano1993 [528]

Answer:

$102

Explanation:

FUTA tax due from Willow Corporation for 2019, after the credit for state unemployment taxes, can be calculated by deducting the Paid state unemployment tax by the FUTA tax.

DATA

Paid State Unemployment Tax = (7,000+7,000+3,000) x 5.4%

Paid State Unemployment Tax = $918

FUTA tax rate in 2019 = 6%

Solution

FUTA tax (6% x $17,000) = $1,020

FUTA tax due =  $1,020 - $918

FUTA tax due = $102

7 0
3 years ago
Other questions:
  • For some reason, the seller of a home at 123 Mulberry Lane decided not to close on a sale transaction on closing day. The seller
    12·1 answer
  • You haven't been able to spend much time talking with your team lately, but your workload should be back to normal soon. When yo
    9·1 answer
  • In june 2009, when general motors went bankrupt, ______ became its majority stock holder.
    10·1 answer
  • West Virginia has one of the highest divorce rates in the nation, with an annual rate of approximately 5 divorces per 1000 peopl
    14·1 answer
  • Information is power. Withholding or distorting project information is aviable and potentially useful approach to increase power
    8·1 answer
  • If the percentage change in the quantity demanded of a good is greater than the percentage change in the price of the good, then
    6·2 answers
  • "The spot price of the market index is $900. A 3-month forward contract on this index is priced at $930. What is the profit or l
    15·1 answer
  • According to Mintzberg and others, the roles of the global leader includes the ability to advocate and represent the company. In
    13·1 answer
  • John Deere is a manufacturer of agriculture equipment. Deere supplies replacement parts to dealerships across the globe. John De
    14·1 answer
  • At a profit-maximizing output level, marginal revenue minus:_____
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!