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Andrej [43]
4 years ago
12

When Acme Dynamite produces 250 units of output, its variable cost is $2,000, and its fixed cost is $500. It sells each unit of

output for $25. If the price of dynamite drops to $10, should Acme Dynamite continue to operate in the short run?
Business
1 answer:
DaniilM [7]4 years ago
7 0

Answer:

The firm will continue to produce in the short run.

Explanation:

Given the number of units produced by Acme Dynamite = 250 units.

The variable cost of producing the 250 units = $2000

The fixed cost = $500

The selling price = $25 per unit.

The new price after the fall in price = $10

Total revenue from the selling of 250 units = 250 × 10 = $2500

Since the revenue received is covering the variable cost and fixed cost. Thus, the firm will produce or continue to produce in the short run.

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___________is an example of a consumer-to-consumer (C2C) e-marketplace.
Over [174]

Answer:

the correct answer is b. A person posts information about furniture he wishes to sell on eBay and sells it to another individual who views that eBay page.

Explanation:

C2C or customer to customer refers to exchanges and transactions carried out between consumers, customers and individuals without the involvement of businesses and the government.

5 0
3 years ago
Read 2 more answers
Santa Fe purchased the rights to extract turquoise on a tract of land over a five-year period. Santa Fe paid $429,000 for extrac
givi [52]

Answer:

cost depletion expense =  $128700

so correct option is B. $128,700

Explanation:

given data

paid = $429,000

recover = 6,500 pounds

extracted = 1,950 pounds

sold = $277,000

to find out

cost depletion expense

solution

we get here cost depletion expense that is express as

cost depletion expense = \frac{paid}{recover} × extracted   ...........1

put here value we get

cost depletion expense = \frac{429000}{6500} × 1950

cost depletion expense =  $66 × 1950

cost depletion expense =  $128700

so correct option is B. $128,700

5 0
3 years ago
Kalen is a seventeen-year-old minor who has just graduated from high school. He is attending a university two hundred miles from
aleksandrvk [35]

Answer and Explanation:

According to the scenario, the explanation of the given situation are as follow:-

1. Ability of Contract : According to the law except of some contract a minor can enter into any contract. Mr. kalen is a seventeen year old minor and he can entered the rent contract because it is not banned by the government for the minor.  

2. This is a voidable contract because Mr. Kalen is a minor and he not legally capable to entering in agreement. In voidable contract one party has a right to discontinue the contract it is depends on him that he want to void it or not. If he wants to void it he cannot be bound to go further with this contract. If a minor wants he can rightfully dis-affirm any contract in which he enters.

According to the analysis, under this circumstance, Mr. kalen is not bound to the contract because he is still minor and he shows his disaffirmance of contract by returning the key to landlord. So he is not liable for the balance of the payments due under the lease.    

5 0
4 years ago
Under _____, a company compares some dimension of its performance to that of another firm, be it a competitor or in a totally di
denis-greek [22]

Under Price discrimination, an organization compares a few dimensions of its performance to that of another company, be it a competitor or in a totally distinctive industry.

Charge discrimination is a promoting method that fees clients one-of-a-kind charges for the same products or services based on what the seller thinks they can get the patron to comply with. In natural price discrimination, the vendor fees every customer the most fee they'll pay.

Charge discrimination refers to charging distinct clients special costs for the same true carrier. The Sherman Antitrust Act, Clayton Antitrust Act, and Robinson-Patman Act outlaw price discrimination while the intent of that discrimination is to harm competitors.

Price discrimination in a monopoly is a practice of charging extraordinary costs for an equal product. Monopolies generally have extra control over providers than ordinary sellers, which means that they can notably impact the providers' promoting prices.

Learn more about Price discrimination here: brainly.com/question/23342760

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3 0
2 years ago
A person who can afford a monthly payment of __________ and signed a mortgage with a monthly payment of __________ was most like
kondaur [170]

Answer: B. $900; $1000

Explanation: This would be the answer because you are spending more than you can afford to pay, and are likely being the victim of predatory lending.

3 0
4 years ago
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