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finlep [7]
3 years ago
15

​If, for a given output​ level, a perfectly competitive​ firm's price is less than its average variable​ cost, the firm A. shoul

d increase price. B. should shut down. C. is earning a profit. D. should increase output.
Business
1 answer:
RSB [31]3 years ago
7 0

Answer:

B. should shut down. 

Explanation:

In the short run, if price is less than average variable cost, the firm should shut down; cease production temporarily. It would be better for the firm to shut down than to continue production and earn losses. If output is increased, average variable cost increases and loss increases.

A perfect competition firm is a price taker so it cannot adjust the price for its products.

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Which of the following is the most helpful to a firm in ensuring that its merchandise will be readily and efficiently available
AveGali [126]

Answer:

Supply chain management.

Explanation:

Supply chain management (SCM) is the structuring and coordination of relationships and activities across firms to deliver value in an information and technology intensive global environment.

Is the management of flows between and among supply chain stages to maximize total supply chain profitability.

All facilities, functions, activities, associated with flow and transformation of goods and services from raw materials to customer, as well as the associated information flow.

An intregated group of processes to source, make and deliver products.

8 0
3 years ago
In commercial filmmaking, who is considered the "author" of a film?
Vlad1618 [11]
The director. hope this helps
3 0
3 years ago
assume the price of a product sold by a purely competitive firm is $5. given the data in the accompanying table, at what output
Anna35 [415]

The output level is total profit highest in the short run is 40 .

<h3>What is meant by short run ?</h3>

The idea of the short run states that some inputs will be constant while others will change over a specific period of time. It expresses the notion that an economy responds to particular stimuli differently depending on the amount of time it has to do so.

In the short run, certain production parameters are stable and some are flexible. Only by increasing the application of the variable factor can output be enhanced. The scale of manufacturing stays steady in the short term. The lengthy run is a time when all production factors are erratic.

To learn more about short run refer to :

brainly.com/question/24088447

#SPJ4

6 0
1 year ago
A researcher sends a link to an internet based survey to every student at their university and encourages each to send the link
Anna007 [38]

Answer:

The answer is: snowball sampling technique

Explanation:

Snowball sampling is used when researchers (or research participants) recruit other participants for a study. Usually it is used when participants are hard to find. The term snowball refers to the idea that once the snowball starts rolling, it will begin to pick up more snow on the way down, increasing in size.

3 0
4 years ago
During a meeting, Tyrone, a branch manager for Fishers Credit Union, pointed to the corporate organization chart on the wall. Ty
avanturin [10]

Answer:

E. Line managers; staff personnel

Explanation:

line managers are indicated on the organization chart by a solid line, and staff personnel are indicated by a dotted line.

8 0
3 years ago
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