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Kryger [21]
3 years ago
6

When total revenues fall below total costs, production should end. However, if marginal revenue exceeds variable cost, productio

n should continue in the short run to help defray fixed costs.
a. True
b. False
Business
1 answer:
const2013 [10]3 years ago
8 0

Answer:

False

Explanation:

A firm should end production and shut down only when its total revenue falls below variable costs, because at this point, production will bring about more losses, compared to if the company isn't producing at all.

<u>If total revenue exceeds and can cover its variable cost, a firm should remain in operation in the short run</u> (even if it is incurring losses), as this contributes to paying off the firm's fixed costs.

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Explanation:

The FIFO inventory system is an inventory system where the inventory purchased first is the first to be sold.

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solniwko [45]

Hey there!

Your answer is reciprocal independence.

In reciprocal independence, different areas of a company are constantly communicating with each other.

Sequential independence means that one area is dependent on the actions of another, which is not what this is describing.

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Hope this helps!

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3 years ago
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bija089 [108]
The answer should be pegged
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yaroslaw [1]

Answer:

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Explanation:

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