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aivan3 [116]
3 years ago
6

Equilibrium price is $10 in a perfectly competitive market. For a perfectly competitive firm, MR = MC at 233 units of output. At

233 units, ATC is $12, and AVC is $9. The best policy for this firm is to __________ in the short run. Also, total fixed cost equals __________ for this firm.
Business
1 answer:
Anika [276]3 years ago
4 0

Answer:

Continue operating; $699

Explanation:

The equilibrium price is $10.

MR = MC at 233 units of output.

At this output level, ATC is $12, and AVC is $9.

The AFC or average fixed cost

= ATC - AVC

= $12 - $9

= $3

The total fixed cost

= AFC\ \times Q

= \$ 3\ \times\ 233

= $699

The equilibrium price is able to cover the average variable cost so the firm should continue production in the short run.

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Kellie believes that Amy is upset with her. Therefore, when Kellie sees Amy walking down the street, Kellie does not say hello t
LiRa [457]

Answer:

Self-Fulfilling Prophecy

Explanation:

According to the description of the situation in the question we can say that this is an example of a Self-Fulfilling Prophecy. This is because a Self-Fulfilling Prophecy is when a person believes something will happen and subconsciously changes their behavior and causes it to happen. Which is what Kellie has done.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
3 years ago
Sound Company reported the following amounts for May, 2008: Direct materials purchased $254,000 Beginning raw materials inventor
Yakvenalex [24]

Answer:

$254,100

Explanation:

The computation of the  cost of direct materials used in production is shown below:

=  Direct materials purchased + Beginning raw materials inventory  - Ending raw materials inventory - Indirect materials requisitioned and used

= $254,000 + $12,000 - $7,900 - $4,000

= $254,100

Hence, all the other information is not considered. Therefore, ignored it

6 0
3 years ago
Suppose you win a small lottery and have the choice of two ways to be paid: You can accept the money in a lump sum or in a serie
Paraphin [41]

Answer:

The correct answer would be option A, The lump sum is always better.

Explanation:

If I would have to give advice to my friend who is in the same situation as i was in some time back, I would recommend him to go for the Lump sum choice. This is because of the fact that the interest rate compounded in three years payment schedule will result in the less value of what I am getting today. Accepting the lump sum value in contrast with accepting the yearly payments on 9% interest rate would be better off because it has more value at present.

5 0
3 years ago
A ______ is a firm that produces the entire market supply of a particular good or service
shutvik [7]

the answer to ur question is industry


4 0
3 years ago
After spending months finalizing a marketing plan, the lead marketing manager presents it to the entire company. It soon becomes
Sauron [17]

The correct answer is A) alignment.

After spending months finalizing a marketing plan, the lead marketing manager presents it to the entire company. It soon becomes clear that the budget given in the plan is far lower than the marketing team had determined it would need. This mistake is likely a result of a lack of alignment.

This means that the marketing manager did not respect the parameters originally indicated. His numbers did not align with the necessities of the plan, which means that he did not take into consideration some important factors that at the end, affected the end result of the budget.

7 0
2 years ago
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