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Nat2105 [25]
3 years ago
15

The Ajax Manufacturing Company is selling in a purely competitive market. Its output is 100 units, which sell at $4 each. At thi

s level of output, total cost is $600, total fixed cost is $100, and marginal cost is $4. The firm should
A. Reduce output to about 80 unitsB. Expand its productionC. Continue to produce 100 unitsD. Produce zero units of output
Business
1 answer:
Fofino [41]3 years ago
5 0

Answer:

The correct answer is option D.

Explanation:

The total cost of the firm is $600.

The fixed cost is $100.

The variable cost will be

=Total costs-fixed costs

=$(600-100)

=$500.

The average variable cost will be

=total variable costs/quantity of outputs

=$500/100

=$5 per unit

The price is $4.

So, we see the price is not covering the average variable cost. This means the firm is incurring losses. The firm will thus produce zero units of output.

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Suppose the economy only produces three goods: bread, laptops, and movies. Calculate the CPI of 2008, using 2004 as the base yea
arsen [322]

Answer:

Most of the question is missing, so I looked for a similar one and found the attached image.

CPI = (current year price × base year quantity) / (base year price × Base year quantity)

CPI for bread in current year = [($1.50 × 2,000) / ($1 × 2,000)] x 100 = 150

CPI for laptops in current year = [($1,500 × 100) / ($2,000 × 100)] x 100 = 75

CPI for movies in current year = [($7 × 50) / ($5 × 50)] x 100 = 140

CPI for current year = (CPI for bread x weight of bread) + (CPI of laptops x weight of laptops) + (CPI of movies x weight of movies) = (150 x $2,250/$227,530) + (75 x$225,000/$227,530) + (140 x $280/$227,530) = 1.48 + 74.17 + 0.17 =75.82

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3 years ago
A company has large number of employees who have various roles and responsibilities. many times the company has encountered situ
Dennis_Churaev [7]

The answer to the question is the least privilege policy.

The least privilege policy refers to a concept in computer security where users in a computer network are limited in terms of their ability to access things in the network according to the level of access needed for them to do their job. Thus, a person who works in Finance for example, would have a higher level of access compared to someone who works in Operations.  

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3 years ago
Which statement is accurate about safe posture?
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Hello! Here is the answer to your question.

<span> Safe posture includes keeping the natural S-curve in your back.


I hope this helps you and have a Great day!</span>
5 0
3 years ago
What do capital controls prevent?
ch4aika [34]

Answer:

What do capital controls prevent?

Speculators from rushing into and out of a country's market and

disrupting its economy.

Explanation:

Capital control entails when a body that regulates money in a country controls the cash inflow and outflow

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