What is a career fair?

1 answer:

7 0

A career fair is mostly and area of something (maybe a gym, or auditorium) that is full of tables and posters and things each "supporting" a different career. You can see tables with lots of information, with careers such as engineering, cooking, law, and TONS of others. The idea of a career fair is to get you interested and thinking about your future, and getting some ideas on what you want to do after high school/college. <span />

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If a firm in a perfectly competitive market shuts down in the short run, it will:

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Answer:

C. lose money equal to its total fixed costs.

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The revenue of a firm in a perfectly competitive market depends on the forces of demand and supply. If such a firm consistently operates at a loss in the short run, it means that its price is lower than its average variable costs or revenues are lower than its total costs. If it shuts down, it won't be incurring variable costs but only lose money equal to fixed costs making choice C correct.

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b. The Inventory turns is 9.167

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Weeks of Supply = Average Aggregate Inventory Value/Weekly Sales

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