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nadya68 [22]
3 years ago
5

A firm suffering economic losses decides whether or not to produce in the short run on the basis of whether A. total revenues co

ver total variable cost B. total revenues cover total fixed costs C. total revenues cover the sum of total fixed and total variable costs D. firms suffering economic losses will always shut down
Business
1 answer:
Vinil7 [7]3 years ago
3 0

Answer:

A. total revenues cover total variable cost

Explanation:

In the case of the shory run, if the price is more or equivalent to the avergae variable cost so the firm would continue to operate

That means

P = AR >= AVC

where,

P = Price

AR = Average revenue

AVC = average variable cost

Therefore as per the given situation, the option A is correct

hence, the same is to be considered

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Gunnar, the Director of Operations at Fantastic Foods, has worked with other managers over the years to set up groups and teams
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If Gunnar, the Director of Operations at Fantastic Foods.  One of the recent groups, which is also a team, is the dean search committee.

<h3>What is team?</h3>

Team are member of a group that come together in unity to resolve issue  and to achieve their set goals and objectives.

The recent group will be the dean search committee which aim is to interact or  communicate  frequently by making use of different communication  means over a period of several months.

Therefore  One of the recent groups, which is also a team, is the dean search committee.

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6 0
2 years ago
What does the credit balance in the accumulated depreciation account represent?
labwork [276]
The credit balance in the accumulated depreciation account represent: <span> the amount of depreciation taken in past years
In accounting, we must reduce the value every year we held an asset in order to show the true amount of the total asset values. This occurence is called a depreciation. If the amount of depreciation is add-up for several years, this account is called accumulated depreciation
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3 0
3 years ago
Theresa, an HR manager, works for a firm that is planning to expand overseas. Theresa is in the process of workforce planning an
podryga [215]

Answer:

Identify labour supply-demand gaps

Explanation:

Theresa as an HR manager must identify the labour supply-demand gaps. She has identified the firm's labour demand, and now the next step should be to identify the supply of labour and then to understand the gap. The labour supply-demand gap will help the HR manager to identify the possible changes which she must do to fulfil the firm's labour demand.

5 0
4 years ago
A company is 40% financed by risk-free debt. the interest rate is 10%, the expected market risk premium is 8%, and the beta of t
Evgen [1.6K]
What is the question? i need more details to helpp you properly
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3 years ago
In a certain year, the aggregate amount demanded at the existing price level consists of $100 billion of consumption, $40 billio
valkas [14]

Answer:

The answer is: decrease government spending or increase tax rates.

Explanation:

Nominal GDP is currently $170 billions (= $100 billions + $40 billions + $20 billions + $10 billions).

Since full employment GDP = $120 billions, the nominal GDP is much higher ($170 billions > $120 billions). So the government must try to cool the economy and the two main ways it can do it is by reducing government spending or by raising taxes which will lower private consumption.

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3 years ago
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