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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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For an economy starting at full employment real GDP, an increase in autonomous expenditure results in a(n) g
Goryan [66]

When an economy has an increase in autonomous expenditure will results in a inflationary output gap.

<h3>What is Autonomous expenditure?</h3>

Autonomous expenditure refers to expenses that is incurred by a country.

It consist countries economy expenditure without the income.

Therefore, an economy starting at full employment real GDP, with an increase in autonomous expenditure results in decrease in autonomous expenditure results in a inflationary output gap.

Learn more on autonomous expenditure here,

brainly.com/question/15883095

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2 years ago
If a person drives an automobile, they are required by law to have automobile liability insurance. in which situation would this
Lemur [1.5K]
If the driver were to get into a crash or accident that was not their fault
8 0
3 years ago
Vertis Corporation is interested in cutting the amount of time between when a customer places an order and when the order is com
vladimir2022 [97]

Answer:

40%

Explanation:

For computing the manufacturing cycle efficiency, first we have to compute the throughput time which is shown below:

Throughput time = Process time + Inspection time + Move time + Queue time

= 6 + 0.6 + 0.4 + 8

= 15

Now

Manufacturing cycle efficiency (MCE) is

= Value added time (process time) ÷ Throughput time

= 6 ÷ 15

= 40%

We simply applied the above formulas so that the manufacturing cycle efficiency (MCE) could come

8 0
4 years ago
50 POINTS
SashulF [63]

Answer:

A. high school diploma

Explanation:

please put me in brainlist

4 0
3 years ago
Read 2 more answers
9.To what part of an industry does a worker's education contribute?
laiz [17]

Answer:

human capital

Explanation:

Human capital is the economic value brought by workers' experience and skills. It is the attributes, abilities, and quality of labor to influence a firm's productivity. Human capital is enhanced through education, training, and work experiences.

Human capital is an intangible asset to a business. Human capital is a critical element if a business is to achieve its goals. Due to this reason, companies are always investing in improving the quality of their human capital.

4 0
3 years ago
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