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Alla [95]
3 years ago
9

Assume the XYZ Corporation is producing 20 units of output. It is selling this output in a purely competitive market at $10 per

unit. Its total fixed costs are $100 and its average variable cost is $4 at 20 units of output. This corporation_______
a. shouldclose down in the short run.
b. is maximizing its profits.
c. is realizing a loss of $60.
d. is realizing an economic profit of $40.
Business
1 answer:
Naddik [55]3 years ago
4 0

Answer:

d. is realizing an economic profit of $40.

Explanation:

Calculation to determine what This corporation is realizing as economic profit

Using this formula

Economic profit =Total fixed costs-(Average variable cost )

Let plug in the formula

Economic profit =$100-($3*20)

Economic profit =$100-$60

Economic profit =$40

Therefore This corporation is realizing an economic profit of $40

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In 2012,70%of rich people were self made in the USA.That is the updated answer in 2012.
6 0
4 years ago
You are a finance intern at Chambers and Sons and they have asked you to help estimate the company's cost of common equity. You
lukranit [14]

Answer:

d

Explanation:

by looking at the prices ,answer d is my estimated answer,im not a finance intern

4 0
3 years ago
Refer to the HR Reports in the Inquirer. Through past investments in recruiting and training Chester has obtained a productivity
Reil [10]

Note:

I wasn't able to access the Chester Income Statement but I successfully accessed a similar question Digby.

The Complete Question is as under:

Refer to the HR Reports in the Inquirer. Through past investments in recruiting and training Digby has obtained a productivity index of 109.6%. This means that Digby's labor costs would be increased by 9.6% if it did not have these productivity improvements. This is a competitive advantage that Digby can sustain or even widen further if its competitors have no HR initiatives. Now, refer to the Income Statement in Digby's Annual Report. How much did Digby's productivity improvements save it in direct labor costs (in thousands) last year?

A. $766

B. $29818

C. $3137

D. $3211

Answer:

Option D. $3,137

Explanation:

The Productivity Index of 9.6% shows that if the improvement plan is implemented then the efficiency gains would result in saving of 9.6% of total direct cost. So if we total the direct cost for the year for all of the four products then we have an amount of $32,680 which is given at the second last column.

The amount saved last year would be:

Savings = $32,680 * 9.6% = $3,137

Hence the option C is correct here.

3 0
4 years ago
Eunice tells a colleague, "i wish professor carlson would retire. he's got a nice big office and the department can't afford to
Likurg_2 [28]
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</span><span>disengagement theory believe that a person will eventually disengage with his/her current social group as he/she got older.
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6 0
3 years ago
Which of the following is considered important in a company's attempt to strengthen partner relationships? Group of answer choic
enot [183]

Answer:

All of the above are considered important in strengthening partner relationships

Explanation:

Partner relationship exists when two or more people come together to undertake a business venture. Profits and losses are between all partners.

Maintaining a good partner relationship ensures that the business performs and meets its goals.

A strategic path for objectives of the partners means the business does not only plan but executes its plans.

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Also shared vision and objectives should be formally agreed to by all parties.

8 0
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