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katrin2010 [14]
3 years ago
10

When a perfectly competitive firm finds that its market price is below its minimum average variable cost, it will sell A) the ou

tput where marginal revenue equals marginal cost. B) the output whop average total cost equals price. C) any positive output the entrepreneur decides upon because all of it can be sold. D) nothing at all; the firm shuts down.
Business
1 answer:
julsineya [31]3 years ago
3 0

Answer: When a perfectly competitive firm finds that its market price is below its minimum average variable cost, it will sell D. nothing at all; the firm shuts down.

Explanation: A perfectly competitive firm does not exist because it a theoretical market structure where all firms sell the same product, they are price takers, the market has no influence on price and there is full freedom. If the market price is below what it will cost to produce the products, the firms will stop producing their products and shut down.

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Answer:

The right answer is option A

Explanation:

Transnational strategy can be defined as an action taken by companies to have operations in more than one country. The companies that adopts this kind of strategy usually have a central structure for the directing and coordination of the company affairs in a particular location but essentially have their operations where it is cost effective i.e. where they get maximum value for their money. The essence of transnational strategy might be to increase sales through expansion, production at a lower cost or exploiting economies of scale.

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4 years ago
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Total planned real expenditures measured along the aggregate demand curve are made up of consumption spending, investment spending, government spending, and net export spending.

 

To add, components of aggregate expenditure are defined as the total amount that firms and households plan to spend on goods and services at each level of income.

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3 years ago
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4 0
3 years ago
Suppose Kitchen HelpersKitchen Helpers manufactures cast iron skillets. One model is a​ 10-inch skillet that sells for $36. Kitc
9966 [12]

Answer:

The budgeted gross profit for July is $ 11,000.

Explanation:

total cost of goods sold per july = $8,800

total units sales = $ 550

cost of goods sold for unit = $16

budgeted sale per unit is = $36

budgeted gross profit for unit = selling price - cost of goods sold

                                                  = $36 - $16

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3 0
4 years ago
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algol [13]

Answer:

Revoke/cancel the offer before the seller accepts it.

Explanation:

When a buyer has a change of mind about purchasing a property he/she has made an offer for, the best thing to do to get out of the offer by revoking or cancelling the offer before the seller has the chance to accept it. Without revoking the first offer, a new offer will not be possible.

Cheers.  

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