Answer:
.B) shutdown, because it cannot even cover all of its variable costs let alone its fixed costs if it stays in business.
Explanation:
In a competitive market, the firm maximize it's profit when the market price of the firm is equal to average variable cost of the firm so that the firm earns normal profits in the long run.
Therefore, if price is less than the average variable cost then the firm should shutdown because it cannot even cover all of its variable costs let alone its fixed costs if it stays in business.
Answer:
the more money that you save over time the more money you will have to buy nicer things... and if you keep spending money on stupid things you wont have enough money to buy more expensive things if you will.
Explanation:
Answer:
Yes, Davis is able to hold Erica liable for the damages he is being sued for
Explanation:
The vital factor to be considered here is that there was a "signed contract" which directly gives Davis the right to hold Erica liable for damages. Erica failed to keep to her own end of the deal and Davis took it upon himself to actualize the terms of the contract. Erica is to settle Davis immediately or be ready to appear in court.
It should be 1986, but for the sake of the options it's most likely 1985. You just have to do trial and error. So 10,000 × 1.02^t (where t is the time in years). I've got 1.02 because it's a 2% increase from 100% (Basically decimal form).
Marsha's Balance Sheet shows that she owes more money than she has.
The balance sheet is an economic term that refers to the graph or method to know the economic status of a person.
The most basic way to do a balance sheet is by including debts (liabilities) and income (assets).
This information is useful for a company or an individual to modify their economic practices in case they are spending more money than they are earning.
In this case, Marsha has more debts than the money she has, so she should worry about not acquiring services or goods on credit because she will not have enough money to pay.
Learn more in: brainly.com/question/22810061