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: .(i) nominal variables, but not real variables
Explanation:
According to classical macroeconomic theory, changes in the money supply affect the nominal variables but the real variable are not affected.
According to the classical macroeconomic theory, it us believed that an increase in money supply will result into a rise in the availability of money in the market, thereby increasing consumers spending which will also lead to a rise in aggregate demand which in turn, causes inflation.
Thereby the nominal variables will be changed.
The statement of work is <span>a contract that defines the tasks, time frame, and deliverables that a vendor must perform for a client.
There are several things that will be written in the statement of work in order to manage the deal, such as the name of the project, the timeline for the project, the project handler, the delivery method, etc.</span>
Answer:
The correct answer is Technology and related costs.
Explanation:
Feasibility refers to the availability of the resources necessary to carry out the stated objectives or goals. Generally the feasibility is determined on a project.
The feasibility study is one of the first stages of the development of a computer system.
The study includes the objectives, scope and restrictions on the system, in addition to a high-level logical model of the current system (if it exists). From this, alternative solutions are created for the new system, analyzing for each of these, different types of feasibility.
