Answer:
An increase in demand is an increase in consumer willingness to. purchase moe of the good at any price.
Explanation:
Answer:
kailangan meron ka companies
Explanation:
advance mag isip wag dto
False. You should worry MORE about business ethics when you work for yourself to ensure for a better business and avoid getting sued
Answer:
$24>AVC
Explanation:
Data provided
Quantity = 500 units
Market price = $24
ATC = $25.25
As per the situation, a firm a would shut down if,
P<AVC
Therefore, the condition for not shutting down is,P>AVC
From the above equation we will get
= $24>AVC
Therefore the correct answer is $24>AVC
If AVC is less than $24 the company will decide not to shut down and at the current price it will cover its rising costs.