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DENIUS [597]
3 years ago
8

A firm will shut down in the short run if the total revenue that it would get from producing and selling its output is less than

itsa.opportunity costs.b.fixed costs.c.variable costs.d.total costs.
Business
1 answer:
maxonik [38]3 years ago
3 0

Answer: A firm will shut down in the short run if the total revenue that it would get from producing and selling its output is less than its C. variable costs.

Explanation: A variable cost is a cost that will vary depending on the level of output that is needed. If more units of an item are needed, the variable costs will likely rise whereas if the product numbers go down, they will too. A variable cost changes and a fixed cost stays the same regardless of the production amount.

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bundle pricing

Explanation:

Bundle pricing

Bundle pricing is a marketing strategy in which company want to sell their products and services in  price lower than they actually charge. The reason behind inducing bundle pricing is to allow customer  to have more services and products by giving them discount.

In other words bundle pricing is mean to offer heavy discount in order to make huge profit by selling their products in large number.

8 0
3 years ago
For the past five years, a person has had a $20,000 whole life insurance policy that has a cash value clause. The person decides
alexandr1967 [171]
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7 0
3 years ago
According to the law of comparative advantage, what should be the distinguishing characteristics of the goods a nation imports?
aliina [53]

Answer:

The correct answer is option C.

Explanation:

The law of comparative advantage states that a country will produce and export the commodity it has a comparative advantage in producing.  

In other words, if the country can produce good cheaply or at a lower opportunity cost.  

The good that cannot be produced cheaply or has a higher opportunity cost will be imported from the country that produces it cheaply.

6 0
3 years ago
George owns four dry cleaning stores in the suburbs of Orlando, Florida. He recently updated his STP analysis and has finished a
Alik [6]

Answer:

how to allocate resources among his four stores.

Explanation:

Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.

The four factors of production are;

I. Land: this refers to the natural resources and raw materials extracted from the ground or grown in the soil e.g oil, gold, rubber, cocoa, etc.

II. Labor (working): this is the human capital or workers who are saddled with the responsibility of overseeing and managing all the aspects of production.

III. Capital resources: it includes the physical assets used for production of goods and services such as equipment, money, plant, etc.

IV. Entrepreneurship: it is intellectual capacity required to drive a business and the skills to develop an idea into a money making venture (business).

In this scenario, George owns four dry cleaning stores in the suburbs of Orlando, Florida. He recently updated his STP analysis and has finished adjusting his marketing mix based on the STP results. His next strategic marketing decision will most likely involve determining how to allocate resources among his four stores.

5 0
3 years ago
Criminal investigation help please
Yakvenalex [24]
It cant be B because the exit wound is usually big , so im going with A
5 0
3 years ago
Read 2 more answers
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