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Andrej [43]
3 years ago
14

The competitive firm's supply curve is equal to A. the portion of its marginal cost curve that lies on and above AFC. B. its mar

ginal cost curve. C. the portion of its marginal cost curve that lies on and above AC. D. the portion of its marginal cost curve that lies on and above AVC.
Business
1 answer:
grandymaker [24]3 years ago
6 0

Answer:

a. the portion of its marginal cost curve that lies above the AVC

Explanation:

In short run, a perfectly competitive produces as long as its price is above its AVC, so revenues can cover total variable cost. If price is below AVC, the firm has to shut down. Since such a firm maximizes profit by equating Price with MC, this condition means that firm's supply curve is its MC curve lying above the (minimum point of) AVC curve.

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Draft an email to be sent to all of your colleagues announcing the transition to a formal on-boarding process for all new employ
Misha Larkins [42]

There will be a formal on-boarding process for all new employee so as to learn the  structure and culture of the organization for a standardized process.

<h3>Why is the onboarding process  is necessary for new employees?</h3>

"Onboarding  processes is required in an organization so as to help the new employee to be able to be fully integrated into the organization.

This will help to prevent or get rid of complaints of the customer about employee not knowing the culture and way of doing things in the organization.

learn more about Onboarding at brainly.com/question/24448358

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6 0
2 years ago
National business machines manufactures x model a fax machines and y model b fax machines. each model a costs $100 to make, and
IrinaK [193]
<span>Profit needs to be maximized.
Profit = 30x+45y where x and y are respectively the number of model A and model B fax machines manufactured.

Objective function:
max(30x+45y)

 Constraints:
x≥0 ---------------(1)
y≥0 ---------------(2)
x+y ≤ 2500 since the demand is capped at 2500 -----------(3) 100x+150y≤600000 since manufacturing costs cannot exceed $600000-----(4)

 Solve the following two equations to identify where the two boundary lines (3) and (4) intersect.
x+y=2500-----(3)
100x+150y=600000---(4)

Multiplying (3) by 100
100x+100y=250000----(5)
(5)-(4)
50y=350000
y=7000
x=-4500

since the constraint states that x≥0, only three vertices are considered viz (0,0), (0,2500),(2500,0).

applying the profit function at each of the three vertices:
(0,0) ----- 30(0)+45(0) = 0
(0,2500) ---- 30(0)+45(2500)=112500
(2500,0) ---- 30(2500)+45(0)=75000

Hence by applying the max function, x=0, y=2500.
i.e. Dont produce any 'a' model machine. Manufacture 2500 units of model 'b' to maximise profit</span>
5 0
4 years ago
On May 31, Money Corporation's Cash account showed a balance of $13,500 before the bank reconciliation was prepared. After exami
Georgia [21]

The amount of cash that should be reported in the company's balance sheet as of May 31 is $2,975.

<h3>What is a balance sheet?</h3>
  • A balance sheet also referred to as a statement of financial position or a statement of financial condition in financial accounting, is a summary of the financial standing of a person or an organization, including a corporation, private limited company, sole proprietorship, business partnership, government agency, or not-for-profit organization.
  • As of a particular date, such as the conclusion of its financial year, assets, liabilities, and ownership equity are listed. It's common to refer to a balance sheet as a "picture of a company's financial status."
  • The balance sheet is the only one of the four fundamental financial statements that only apply at one particular period in a company's fiscal year.
<h3>Solution -</h3>

Deposits outstanding = $3,050 (+)

actual amount on check my Money corporation = $95 (+)

Service fees = $170 (-)

∴ 3050+95-170=2975

So, the amount of cash that should be reported in the company's balance sheet as of May 31 is $2,975.

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7 0
2 years ago
A person who fails to make loan payments on time is likely to face which
Alenkinab [10]
The answer is A. Paying higher interest rates
7 0
3 years ago
Read 2 more answers
Pharoah Corporation engaged in the following cash transactions during 2020. Sale of land and building $187,600 Purchase of treas
Alla [95]

Answer:

See below

Explanation:

The computation of net cash provided is seen below

Proceeds from issuance of common stock

147,900

Less:

Purchase of treasury stock

($40,100)

Less:

Dividend payment

($89,600)

Less:

Retirement of bonds

($110,000)

Cash flow used by financing activities

($91,800)

3 0
3 years ago
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