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Maru [420]
3 years ago
15

A perfectly competitive small organic farm that produces 1,000 cauliflower heads in the short run has an ATC = $6 and AFC = $2.

The market price is $3 per head and is equal to MC. In order to maximize profits (or minimize losses), this farm should:
Business
1 answer:
Mamont248 [21]3 years ago
5 0

Answer:

the firm should shut down, at least temporarily until the marginal revenue increases or definitely if the marginal revenue doesn't increase

Explanation:

if average total costs = $6 and average fixed costs = $2, then average variable costs = $6 - $2 = $4

since the average variable costs are higher than marginal revenue: $4 > $3, then the company is losing money (-$1) every time it sells its products.

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When Home Movies Inc. opened stores in other countries, it increased the company's international market share. Home Movies took
olga55 [171]

Answer:

<h2>In this instance,Home Movies Inc. took advantage of market expansion opportunity to enhance market share.Hence,the correct answer is market expansion.</h2>

Explanation:

In Microeconomics,the practice of market expansion refers to the enhancement of business activities or selling of goods and services into newer sections of the market which encompasses factors such as demographic,economic,geographical,social etc.In this context,the geographical expansion of market can possibly include international markets as well as long it can comprehensively cover the desired consumer group which can lead to higher revenue generation and potential market share.It is an extremely formidable economic strategy for any business organisation or company to expand the consumer accessibility by tapping into new geographical areas in the global or international market.An effective market expansion,however, requires a thorough and considerable market research with a specific emphasis on the the potential new markets that the existing business can easily reach and the new consumer base in those markets who will most probably like the products and/or services sold by the business based on various preferential attributes.This can evidently generate immense opportunities for sales and overall economic growth.

6 0
3 years ago
Suppose one of the cases is selected at random and the outcome of the appeal and type of trial are observed.
Kruka [31]
What is the question you are asking
7 0
3 years ago
Navarro, Inc., plans to issue new zero coupon bonds with a par value of $1,000 to fund a new project. The bonds will have a YTM
pogonyaev

Answer:

Bond Value is $347.30

Explanation:

Zero coupon bond does not offer any return on the bond that's why it is issued on deep discount value.

Number of years = n = 20 years

Face value = F = $1,000

YTM = 5.43%

Price of the Bond = [ F / ( 1 + r )^n ]

Price of the Bond =[ $1,000 / ( 1 + 5.43% )^20 ]

Price of the Bond =[ $1,000 / ( 1.0543 )^20 ]

Price of the Bond = 347.30

4 0
3 years ago
Brokers differ from insurance agents in that ____
leva [86]

Answer: Option A          

Explanation: A broker refers to a person or a firm who charges fees from the investors for executing their purchase and sale transactions. The broker sometimes also charge their customers for their consultancy services.

Whereas insurance agents refers to the person who sell the insurance policies to the general public and in return gets commission from the insurance company on the premiums paid by the insured.

Hence from the above we can conclude that the correct option is A.

8 0
3 years ago
Limited partners in a company
seropon [69]
C serve only as investors, as general partners take on all the risk and operation of the company, while limited partners invest their money, but don’t take part in the decisions of the company.

Hope this helps!
5 0
3 years ago
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