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Alex_Xolod [135]
3 years ago
8

A purely competitive firm finds that the market price for its product is $30.00. it has a fixed cost of $100.00 and a variable c

ost of $15.00 per unit for the first 50 units and then $35.00 per unit for all successive units. instructions: round your answers to 2 decimal places.
a. does price equal or exceed average variable cost for the first 50 units? . what is the average variable cost for the first 50 units? $ .
b. does price equal or exceed average variable cost for the first 100 units? . what is the average variable cost for the first 100 units? $ .
c. what is the marginal cost per unit for the first 50 units? $ per unit. what is the marginal cost for units 51 and higher? $ per unit.
d. for each of the first 50 units, does mr exceed mc? . what about for units 51 and higher? .
e. what output level will yield the largest possible profit for this purely competitive firm? units.
Business
1 answer:
mr Goodwill [35]3 years ago
8 0

thats a big question mister. Look it up on brainly or something

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Answer: $40,000

Explanation:

Kline brings in equipment that is worth $60,000 but has a basis of $45,000.

The equipment however is subject to a loan of $10,000.

This loan will have to be deducted from the basis. The partnership however is assuming the loan and Kline is only 50% liable in the partnership so Kline's basis will only be affected by half of the loan.

Basis = 45,000 - 5,000

= $40,000

5 0
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The sec generally defers to the fasb concerning controversial disclosure and reporting issues.
xxMikexx [17]

This assertion is true. In addition, the SEC has the remaining accountability to make certain that the FASB deals with troubles referred to it by the SEC.

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<h3 /><h3>Who does the SEC document to?</h3>

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6 0
1 year ago
True or False: In the event of the firm's bankruptcy, the most shareholders can lose is their original investment in the firm's
KATRIN_1 [288]

Answer:

The answer is true.

Explanation:

Preference or preferred shareholders are synonymous to lenders to a business or company. Preferred shares are like debt to a business. They possess the characteristics of both debt and equity and in the case of liquidation, they have to be settled first. Common shareholders are the last shareholders to settled.

3 0
3 years ago
Dina loves branded apparel and accessories but cannot afford to buy them too often. Fortunately, Dina lives close to an off-pric
inn [45]

Answer: Off- Price Retail Store

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It focuses more on fashion goods from well known designers. The items bought here are well known for quality.

5 0
3 years ago
What type of competition exists in the aviation sector? And why?
shtirl [24]

Answer:

Oligopoly market structure

Explanation:

The airline industry is characterized by an oligopoly market structure, a form of imperfect competition in which a limited number of firms dominate the industry. Oligopoly firms have market power in setting or altering prices for their products by establishing various output values.

8 0
3 years ago
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