Answer:
Continue operating; $699
Explanation:
The equilibrium price is $10.
MR = MC at 233 units of output.
At this output level, ATC is $12, and AVC is $9.
The AFC or average fixed cost
= ATC - AVC
= $12 - $9
= $3
The total fixed cost
= 
= 
= $699
The equilibrium price is able to cover the average variable cost so the firm should continue production in the short run.
Answer:
(d) Atlantic Builders and North West Mechanical are both liable.
Explanation: Because the incident happened at working site and both companies are on a joint venture, they are both liable to the damage regardless of which company does the employee belong to.
Answer:
(d) Against the shareholders, if it finds that Clean Earth has acted in a "responsible and sustainable manner."
Answer:
(b) Yes, if all of the shareholders are U.S. citizens or residents.
It is called "stare decisis." It is Latin for <span>"to stand by decided cases."</span>
Answer:
Change in CPI = 0.092%
Explanation:
As we know that ,
CPI - Consumer price index
As given,
CPI is fell down by 0.1%
the weight on energy prices in the CPI is 8%
If energy is not changed means energy is constant , then
Change in CPI = 0.1% - (0.1%)(8%)
= 0.001 - (0.001)(0.08)
= 0.001 - (0.00008)
= 0.00092
= 0.092%
⇒Change in CPI = 0.092%
<span>What happens if the amount of uncollectible account expense is overstated at year end? Net accounts receivable with be understated.
If one aspect of the expensive account is overstated the other will be understated typically to make up for the incorrect documentation of money somewhere. To find the net receivables you subtract the allowance for doubtful accounts from the gross amount of accounts receivable outstanding.
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