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Alla [95]
2 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]2 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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Answer:

The statement is TRUE. Time Hop was concerned with physical design

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Tech giant, TimeHop was concerned about creating a workspace that was inviting and encouraged collaboration. Knowing that most of its employees would work odd hours, there was care taken to lighting choices and types of furniture. TimeHop was concerned with physical design.

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7 0
3 years ago
Based on the corporate valuation model, gray entertainment's total corporate value is $1,150 million. the company's balance shee
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Answer:

$26.67 million

Explanation:

The computation of price per share is shown below:-

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5 0
3 years ago
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8 0
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