1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Brums [2.3K]
3 years ago
10

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 $3 at 20 units of output. This corporation: Group of answer choices should close down in the short run. is realizing an economic profit of $40. is maximizing its profits. is realizing a loss of $60. PreviousNext
Business
1 answer:
stich3 [128]3 years ago
8 0

Answer: is realizing an economic profit of $40

Explanation:

The total cost involved in the production will be:

Fixed cost = $100

Variable cost = $3 × 20 = $60

Total cost = $160

The selling price will be:

= $10 × 20

= $200

The economic profit will then be;

= Selling price - Cost price

= $200 - $160

= $40

You might be interested in
Acme Global had to put its plans to build a new plant on hold when interest rates went up and the organization was not able to b
s2008m [1.1K]

Answer:

The economy

Explanation:

The external environment refers to the outside factors that can affect an organization's operations. One of those factors is the economy as changes on things like exchange rates, interest rates and taxes can provide opportunities or create threats for a company. According to this, the answer is that this represents the influence of the economy in the external environment on the organization as the increase on the interest rates didn't allow the company to borrow the money to build the plant.

7 0
3 years ago
Charles wants to promote his gym and attract more elderly men to visit and become members. which of the following do you think w
8090 [49]

Out of the following answers, option A. seems most fitting. Elderly customers would likely want a calm environment where they can work at their own pace. The other options cater to other demographics. So A. would be an appropriate emphasis for Charles' message.

8 0
3 years ago
Read 2 more answers
Costco has started its operations in China through an e-commerce partnership with Alibaba. Which method of expanding internation
s344n2d4d5 [400]

Answer:

C. Importing, exporting and countertrading

Explanation:

The e commerce partnership with Ali baba will enable them (Costco) buy (import) and sell (export) goods using the internet, and also transfer money and data to execute these transactions.

Importation involves buying of goods or services from other countries.

Exportation means selling of goods and services to other countries.

Countetrading means the exchange of goods and services which are paid in part or whole with other goods and services.

3 0
3 years ago
Identify which principle applies to each scenario by placing the appropriate label next to each scenario.
tatyana61 [14]
<span>Each scenario refers to some label. The labels are placed with a different order. We need to arrange them by checking the possibilities. Labels most probably matches with one scenario each or it can be many. If labels are less in numbers than the scenarios then it can be matched with multiple scenarios.</span>
6 0
3 years ago
The Fabricating Department started the current month with a beginning Work in Process inventory of $11,200. During the month, it
SVETLANKA909090 [29]

Answer:

The ending balance of the Work in Process Inventory account for the Fabricating Department is: $11,200

Explanation:

To determine Ending Balance of Work in Process Inventory, <em>Prepare a Manufacturing Cost Statement</em>.

Opening Work in Process Inventory             $11,200

<em>Add </em>Cost Added During the Period :

Direct materials                                             $77,200

Direct labor                                                   $25,200  

Factory overhead ( $25,200 × 50%)            $12,600

Total Manufacturing Costs                          $126,200

<em>Less </em>Transfer to Next Department            ($115,000)

Closing Work in Process Inventory               $11,200

Conclusion :

Therefore, the ending balance of the Work in Process Inventory account for the Fabricating Department is: $11,200

6 0
3 years ago
Other questions:
  • Average maintenance costs are $1.50 per machine-hour at an activity level of 8,000 machine-hours and $1.20 per machine-hour at a
    13·1 answer
  • A borrower is unsure whether to go with a fixed rate or adjustable rate loan. what kind of questions would you ask to help them
    12·1 answer
  • "If a company has the optimal amount of debt, then the:
    10·1 answer
  • One advantage of credit is that it can give you a float time between buying the product and when you need to pay for it.
    5·2 answers
  • A stock _____ is a short combination of letters used to identify the stock of a particular company.
    7·2 answers
  • A central point within an organization from which all customer service contacts are managed by various forms of technology is th
    10·1 answer
  • The following T-accounts record the operations of Oriole Co.: Assume all raw materials are direct materials. Raw Materials Begin
    14·1 answer
  • The current price of a 10 year $1000 par value bond is $1158.91. Interest on this bond is paid every 6 months, and the nominal a
    6·1 answer
  • Scenario 13-6 Ziva is an organic lettuce farmer, but she also spends part of her day as a professional organizing consultant. As
    9·1 answer
  • Harry is a citizen and resident of Saudi Arabia. During the current year, Harry never visits the United States, nor does he hold
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!