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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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Connie's next step should be

Not - go back and revisit her plan objectives

Maybe - Conduct primary research and analyze Fred's current customers.

<h3><u>Explanation:</u></h3>

It is very essential for an entrepreneur who decides to start a new business to have a business plan that helps him in setting up the businesses in the right track and usage of funds in an effective manner. A business plan acts as a blue print of a new business and the objectives and resource utilization.

In the scenario give, Fred decides to start a new boutique and has conducted researches geographic locations and the type of boutiques supported by the demography. She must not then go back and review her plan objectives as she has decided to start it with a good plan and she may conduct a primary research about the  current customers of him.

5 0
3 years ago
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3 years ago
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7 0
4 years ago
______ is a tool that reminds managers to look at several distinct categories in the macro environment.
nata0808 [166]

Pestel  is a tool that reminds managers to look at several distinct categories in the macro environment.

<h3>What is the macro environment?</h3>

This is the term that is used to refer to the environment that is made up of the major forces that are both external and also uncontrollable that is used to influence the decision making process of a firm.

The macro environment is made up of such factors such as demographics, economy, technology, political and a lot more of other factors. They are used to control the decision making process in the nation. It is also referred to as the environment at large

Read more on macro environment here: brainly.com/question/16080962

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2 years ago
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Answer:

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