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denis23 [38]
3 years ago
10

Suppose your firm has a​ u-shaped average variable cost curve and operates in a perfectly competitive market. if you produce whe

re the product price​ (marginal revenue) equals average variable cost​ (on the​ upward-sloping portion of the avc​ curve), then your output willa.exceed the​ profit-maximizing level of output.b.generate zero economic profits.c.equal the​ profit-maximizing level of output.d.be smaller than the​ profit-maximizing level of output.
Business
1 answer:
Mariulka [41]3 years ago
3 0
Go app so so so so so do
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A team's attempt to list, on individual sticky notes, all of the possible threats and opportunities that could occur to an upcom
lukranit [14]

Answer:

The correct answer is letter "A": plan risk responses.

Explanation:

Plan risk responses refer to the process in which a team is facing a problematic situation and to reduce threats reacts immediately identifying the opportunities available they have that could lead to a solution. To achieve that, risk management and register will be necessary.

6 0
3 years ago
A bag contains 9 red marbles, 5 white marbles, and 6 blue marbles. You draw 4 marbles out at random, without replacement. Find t
IRINA_888 [86]

a) 0.0260

b) 0.0681

Explanation:

a)

The bag contains:

r = 9 (number of red marbles)

w = 5 (number of white marbles)

b = 6 (number of blue marbles)

So, the total number of marbles in the bag at the beginning is:

n=9+5+6=20

At the 1st attempt, the probability of choosing a red marble is:

p(r)=\frac{r}{n}=\frac{9}{20} (1)

At the 2nd attempt, the 1st red marble is not placed back, so now the number of marbles is (n-1), while the number of red marbles left is (r-1). So the probability of choosing another red marble at the 2nd attempt is

p(r)=\frac{r-1}{n-1}=\frac{8}{19} (2)

With a similar argument, the probabilities of selecting a red marble in the 3rd and 4th attempt are

p(r)=\frac{7}{18} (3)

p(r)=\frac{6}{17} (4)

Therefore, the probability of drawing 4 red marbles in the first 4 attempts without replacing is:

p(rrrr)=\frac{9}{20}\frac{8}{19}\frac{7}{18}\frac{6}{17}=\frac{3024}{116280}=0.0260

b)

At the 1st draw, the probability that the marble is not red is:

p(r^c)=1-p(r)=1-\frac{9}{20}=\frac{11}{20}

At the 2nd draw, there are 9 red marbles left and 19 total marble left. So, the probability of NOT drawing a red marble is:

p(r^c)=1-\frac{9}{19}=\frac{10}{19}

At the 3rd draw, there are 9 red marbles left and 18 total marbles left. So, the probability of NOT drawing a red marble is:

p(r^c)=1-\frac{9}{18}=\frac{9}{18}

Finally, with a similar argument the probability of NOT drawing a red marble at the 4th and last attempt is:

p(r^c)=\frac{8}{17}

So, the total probability of drawing 4 non-red marbles in the first 4 attempts is:

p(r^cr^cr^cr^c)=\frac{11}{20}\frac{10}{19}\frac{9}{18}\frac{8}{17}=\frac{7920}{116,280}=0.0681

6 0
3 years ago
A grain elevator operator bought a futures contract for 5,000 kilograms of rice at $1.50 per kilogram. The initial margin is $4,
Inessa05 [86]

Answer:

Given that,

Operator bought a futures contract = 5,000 kilograms of rice at $1.50 per kilogram

Initial margin = $4,000

Maintenance margin = $2,000

(a)

(i) Balance of Margin = Initial margin - maintenance margin

                                  = $4,000 - $2,000

                                  = $2,000 (loss)

(ii) Change in price = \frac{2,000}{5,000}

                               = $0.40

(b) Price per kilogram = Current price - Change in Price

                                     = $1.50 - $0.40

                                     = $1.10

So, change price per kg is $1.10

(c) Balance of Margin = Initial margin - maintenance margin

                                  = $4,000 + $2,000

                                  = $6,000 (loss)

Change in price = \frac{2,000}{5,000}

                               = $0.40

(d) Price per kg = Current price - change in price

                          = $1.50 + $0.40

                          = $1.90

3 0
3 years ago
In which situation would it be most appropriate to use money you have set aside in your emergency fund?
Law Incorporation [45]

The money that has been set aside for emergency situations can be ideally used for paying the phone bill at first.

Option C is the correct answer.

<h3>What is an emergency fund?</h3>

An emergency fund is an amount that is kept by an individual out of their earned income which is further to be used in uncertain times.

An emergency fund has been created to meet the contingencies in life that can be in the form of repairs of any equipment, medical problems, loss of job, etc. This fund helps the individual in uncertain times when he/she is in need of funds.

Therefore, the phone bill should be paid first from the emergency fund then the rest of the expenses to be considered.

Learn more about the emergency fund in the related link:

brainly.com/question/14826786

#SPJ1

3 0
1 year ago
Which of these options for saving money typically offers the least liquidity?. . A.Savings bond. B.Money market account. C.Certi
zhuklara [117]
Among the following <span>options for saving money that typically offers the least liquidity, (A) Savings Bond is the correct answer. The term that is being referred here which 'least liquidity' means that you or any other person can not withdraw any money at any time they want.</span>
6 0
3 years ago
Read 2 more answers
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