Answer:
(i) The farm can cover its revenue using its total variable cost, therefore the farm will continue producing 200 units
(ii) The farm cannot cover its revenue using its total variable cost, therefore the farm will shut down
(iii) The two relevant points on supply curve will be: (Price = $12 & Quantity = 0) and (Price = $25 & Quantity = 200)
Explanation:
(i)According to given data, When output is 200 but price is $20, this price is equal to ATC, so the farm breaks even. But since this price is higher than AVC of $15, the farm can cover its revenue using its total variable cost, therefore the farm will continue producing 200 units.
(ii) When output is 200 but price is $12, this price is equal to ATC, so the farm makes economic loss. Also, this price is lower than AVC of $15, so the farm cannot cover its revenue using its total variable cost, therefore the farm will shut down.
(iii) The farm's supply curve is the portion of its Marginal cost (MC) curve above the minimum point of AVC. Since price equals MC, the two relevant points on supply curve will be: (Price = $12 & Quantity = 0) and (Price = $25 & Quantity = 200).
Let say A,B&C and the ratio is 3:5:12
3+5+12=20
250000divide by 20 = 12500
12500x3=37500
12500x5=62500
12500x12=150000
So A invested 37500
B invested 62500
C invested 150000
Answer:
- credit management
- receipt and disbursement of funds
- inventory control
Explanation:
Activities such as stablishing budgets and plans are done once every year. And the sale of stocks and bonds is done only if the company makes and IPO or an emission of Bonds which are impossible to occur daily.
Answer:
$26 per share
Explanation:
The computation of the today stock price is shown below:
= Selling price of per share ÷ (number of completed ÷ number of stock split)
= $90 ÷ (7 ÷ 2)
= $90 ÷ 3.5
= $26 per share
We first divide the number of completed with the number of stock split. The value come is divided to selling price per share so that the accurate price of the stock can come.
