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lina2011 [118]
2 years ago
7

Why should a firm stop producing when its marginal revenue is less than its average variable cost?

Business
1 answer:
Sholpan [36]2 years ago
7 0

Answer:

There is no profit so they would be loosing money.

Explanation:

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Discuss whether a television manufacturer should adopt a capital intensive production process?
r-ruslan [8.4K]

Answer:

A television manufacturer can adopt a capital intensive production process.

Explanation:

A capital intensive means a production process in which a high proportion of investment in non current assets such as equipment, capital, etc. is used and a lower proportion of labor is used.

In a capital intensive production process, we have a low labor input, but will be highly productive in terms of output.

In a Television manufacturing company, it is advisable to use a capital intensive production process because of the industry involved. The broadcasting industry requires a capital intensive production process so as to minimize mistakes which might happen from labor.

6 0
2 years ago
Increasing technological innovation has helped to create an era of risk and instability. Globalization, new technologies, and gr
Goryan [66]

Answer:

The correct answer is letter "D": adaptability; competitive advantage.

Explanation:

A competitive advantage is a factor of an organization that differentiates it from others. In front of the rapid changes the world is facing, not only in technology but also in politics and social awareness, companies must learn how to adapt to this new scenarios to strive against economic hardships since nowadays it is not only important to be good at doing something but also it is important to be good at how to do things in front of new situations.

4 0
3 years ago
The following information is available for Miguel Company at December 31, 2020: beginning inventory $160,000; ending inventory $
rodikova [14]

Answer:

5.25

Explanation:

Inventory turnover = Cost of goods sold / Average inventory

Cost of goods sold = $1,050,000

Average inventory = (Beginning Inventory + Ending Inventory) /2

Average inventory = ($160,000 + $240,000) / 2 = $200,000

Next, use the average inventory value in the turnover formula above;

Inventory turnover = 1,050,000 / 200,000

= 5.25

Therefore, Everett's inventory turnover in 2020 is 5.25 times.

7 0
3 years ago
On March 1, it was discovered that the following errors took place in journalizing and posting transactions: a. The receipt of $
Kitty [74]

Explanation:

The Journal Entry is given below:-

a. Cash Dr,                   8400  

           Accounts receivable        8400

(Being the Cash received)

 

b. Supplies Dr,                2500  

           Office equipment         2500

(Being the reserve entry is recorded)

Supplies Dr,                             2500  

            Accounts payable           2500

(Being the supply is purchased)

7 0
2 years ago
2. Complete the table below by identifying the costs of retirement, including living expenses (the sum of rent/mortgage, utiliti
earnstyle [38]

Answer:

Estimated monthly total is: 24,974

Explanation:

Living expenses- $5,378

Healthcare expenses-$9,596

long-term care expenses- $10,000

Estimated monthly total is 24,974

5 0
2 years ago
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