Answer:
The correct answer is option c.
Explanation:
Break-even point refers to the situation where the economic costs incurred is equal to economic profits. This is graphically represented by the point where the ATC curve intersects the AR curve. The price and output at that point will reflect break even.
At this point though, the firm will be earning some accounting profit and would need to pay taxes on that profit.
Answer:John Felix Anthony Cena is an American professional wrestler, actor, and television presenter. He is currently signed to WWE. Born and raised in West Newbury, Massachusetts, Cena moved to California in 1998 to pursue a career as a bodybuilder.
Explanation:
Answer:
A. Both parties believe they will benefit.
Explanation:
The five main reasons international trade takes place are differences in technology, differences in resource endowments, differences in demand, the presence of economies of scale, and the presence of government policies.
Hope this helped
Vasco Nunez de Balboa was to be believed that he was the first European to see the pacific ocean.
