1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
erastovalidia [21]
3 years ago
10

What should the firm do if there is no possible output where the price would at least be equal to average variable costs

Business
1 answer:
garri49 [273]3 years ago
3 0

Answer:

Since the average variable cost curve lies below the average total cost curve, this implies that the average variable cost is the lowest price at which the producer can sell.

If there is no possible output where the price would be at least equal to the average variable costs, the firm should cease production, because it is not going to recover its costs, not to talk about making a profit.

Explanation:

A firm's average variable cost is the total variable cost divided by the total output.  For example, if the total variable cost for a particular product is $4,500 with a total output of 450 units, then the average variable cost is $10 ($4,500/450).

You might be interested in
Portside Watercraft uses a job order costing system. During one month Portside purchased $173,000 of raw materials on credit; is
Nadya [2.5K]

Answer:

One parent organism and no egg or sperm

Explanation:

5 0
3 years ago
What are the disadvantages of alloys​
tatyana61 [14]
They are prone to corrosion and are not as strong
3 0
3 years ago
Decision-Making Scenarios Scenario 1 Football season starts this weekend and Steve is excited about his school’s first game. He
pickupchik [31]

Explanation:

Being a son, Steve should obey his parents and stay at home to babysit his six year old brother, because it is always the duty of children to give respect to their parents' decisions. Though he was super excited about the football match in which his school team was going to play against the long term rivals, but because his parents' friends had a call for meeting them after so long, they asked him to stay at home as he could have many more chances of seeing such matches.

But being a parent, I should respect my son's program of watching the football match, and take the baby with me, so that the program of both son and parents would not be disturbed.

7 0
3 years ago
When inside a closed work environment, it's okay to openly talk with co-workers about pii?
FrozenT [24]
No, i don't think so
In this context, PII stands for  <span>personally identifiable information, which is a type of information that could be used to identify a certain individual, such as social security number. You don't know the true characteristic of your co-workers , so it is safer to keep your PII to yourself</span>
4 0
3 years ago
Due to the presence of diminishing returns to capital, doubling the amount of physical capital available for one worker to use w
Ainat [17]
Had to look for the options and here is my answer:

Because of the existence of diminishing returns to capital, increasing the physical capital amount by two that is available for one worker to utilize will enlarge the outcome by less than a factor of two. 
4 0
3 years ago
Other questions:
  • All else held constant, an increase in the price of tablets will result in a
    5·2 answers
  • Two towns, each with three members, are deciding whether to put on a fireworks display to celebrate the new year. fireworks cost
    6·2 answers
  • Abby starts up Bowls Bistro to serve and sell soups for workday lunches. Abby leases space in an office building owned by Carmen
    6·1 answer
  • complete the sentences about english with your own ideas then compare your sentences пж мне нужно пускай не будет похожей на дру
    6·1 answer
  • Which of these companies exemplifies the globalization of markets? a. The clothes of Sea Shell Fashions, a U.S.-based company, a
    13·2 answers
  • Paragon Leasing has been approached by Mid-America Trucking Company (MATC) to provide lease financing for a fleet of new tractor
    10·1 answer
  • Bob, a salesperson at a Carpets Galore store, tells Dita, a customer, "Buy your carpet here, and I'll install it for half of wha
    10·1 answer
  • The standard costs and actual costs for direct materials for the manufacture of 2,300 actual units of product are Standard Costs
    12·1 answer
  • The following information is available pertaining to Bonita Division, that uses a plant-wide overhead rate based on machine hour
    12·1 answer
  • a retailer acquires merchandise for resale. how would this be recorded in a perpetual inventory system?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!