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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

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ki77a [65]

Answer:

Well it is different for everyone... but i will give you mine...

In 10 years from now i want to be a pilot in the air force. My short term goal would be to take the azvab... you only take it once. My medium term goal would be to keep up with pt (physical training). My long term goal would be to keep up with the ever changing technology that i will need to use in order for my job to be succsessful.

Explanation:

8 0
2 years ago
The following budgeted information is provided: Month 1 2 3 Sales in units 15,000 20,000 18,000 Production in units 16,000 22,00
nekit [7.7K]

Answer:

Purchases= 17,200 pounds

Explanation:

Giving the following information:

Production in units:

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The inventory of materials at the end of each month should equal 20% of the following month's production needs.

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To calculate the direct material required, we need to use the following formula:

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8 0
2 years ago
In what ways can labor and management resolve disputes
saul85 [17]

Answer:

understand

Explanation:

by understanding each other and work inline with the business goal in order to achieve the business objective

5 0
3 years ago
Dunbarn Co. had the following activities during the year: Purchase of inventory $120,000 Purchase of equipment 80,000 Purchase o
aleksklad [387]

Answer:

cash used by investing activities 60,000

Explanation:

<u><em>Operating:</em></u>

purchase of inventory  (120,000)

<u><em>Investing:</em></u>

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<u><em>Financing:</em></u>

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The investing activities will be those which represent a use of cash in securities, shares and note receivables and the cash inflow generate from this investment.

5 0
3 years ago
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In the past, ___________________ was an important advertising strategy used in movies. Now it is also used with video games. It
Marysya12 [62]

Answer:

venture capital

Explanation:

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5 0
3 years ago
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