Answer:
A firm would shut down if its Current Price P < AVC (Current Price is less than the Average Variable Cost)
Thus, the condition for not shutting down of a firm is P > AVC (Current price is greater than the Average Variable Cost)
When AVC is less than $24, the firm will choose not to shut down because it is covering its variable costs at the current price
Answer:
Depreciation expense = $4,400
Accumulated depreciation = $13,200
Explanation:
Depreciation: The depreciation is the amount which decreases the value of the asset. It can be by obsolescence, usage, tear and wear, etc.
The annual depreciation is given i.e. $4,400 which will be charged in depreciation expense whereas the accumulated depreciation would be equal to
= Annual Depreciation × useful life
= $4,400 × 3
= $13,200
Answer:
The Economic Landscape of Oceania World Geography are catching seals and whales, Trading wood and meats.
Answer:
A debit card requires you to have the cash available in the account; a credit card does not.
Explanation:
Answer:
Freemium would be the answer for the First one.
Explanation:
Freemium, a portmanteau of the words "free" and "premium", is a pricing strategy by which a basic product or service is provided free of charge, but money (a premium) is charged for additional features, services, or virtual (online) or physical (offline) goods that expand the functionality of the free version of the software. This business model has been used in the software industry since the 1980s. A subset of this model used by the video game industry is called free-to-play.
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