Answer:
To maximize profit , the firm should shut down
Explanation:
In this question we are tasked with stating what a firm should do to maximize profits or minimize loss.
In this particular situation, what the firm should do is to shut down. why?
The reason why the firm should shut down is that the price per unit is less than the average variable cost. In the question, we can identify that the price per unit is $3 while the average variable cost is $3.50. We can see that the price per unit is less than the average variable cost from their values.
And hence to minimize loss or maximize profit, what the firm has to do is to shut down its operations
Answer: Option A
Explanation: Mutual funds are introduced by the financial institutions in the market and are not financial institutions themselves.
These funds collect money from various different investors and pool them together to invest in securities of different companies. These funds are managed by the investment professionals who receive both fixed and variable fees depending on the performance of portfolio.
The portfolio is divided into shares and such shares are then sold into the stock market.
Hence from the above we can conclude that option A.
<span>The reproduction cost would be calculated by multiplying the living square footage by 95 and then adding that to the product of the garage times 60. Since different parts of the house have a different reproduction cost per square foot, we need to find the cost of each part and then add them together to get the whole. You need to use multiplication because each livable square foot has a cost of $95 and each garage square foot has a cost of $60. Another way to think about this is to say that we have 3,500 $95 parts. To calculate the reproduction cost of the livable space you would multiply $3,500 by 95 which gives you $332,500. To calculate the reproduction cost of the garage you would multiply 400 by $60 which would give you $24,000. To find the reproduction cost of the whole home we need to add the reproduction costs of the living area and the garage together, which would gives $356,500.</span>
Answer: Option (C) is correct.
Explanation:
Correct option: The price level and nominal wages.
According to the classical dichotomy, nominal variables moves proportionately with the quantity of money whereas real variables remains unchanged.
A classical model that is based on the flexibility of prices and wages, conclude that any changes in money supply only affects the nominal variables whereas real variables remains constant. This theory results in the independence of the real variables from any changes in the money supply and nominal variables.
