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amid [387]
2 years ago
8

Which of the following statements is definitely true when price is less than average total cost for a firm producing the profit-

maximizing level of output in the short run?
a. The firm will be earning negative total revenue.
b. The firm is running a loss in an accounting sense, so that total revenue is less than total explicit costs.
c. The firm is incurring an economic loss.
d. The firm will minimize its losses by shutting down.
Business
1 answer:
Flauer [41]2 years ago
7 0

Answer:

d. The firm will minimize its losses by shutting down.

Explanation:

The price multiplied the number of output is the revenue, which is less than the total cost as in this scenario. So this company is always lost.

Lost = number units x (cost – price)

The lost is as high as the number of unit produced.

Given the company do not have any room to improve the profit as it’s producing the profit-maximizing level of output; it’s the best for this firm to shut down.

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N high power-distance countries such as China, employee perceived organizational support perceptions are not as deeply based on
Whitepunk [10]

Answer:

The correct answer is E

Explanation:

The expectation level by the employees are lower in the high power distance countries and the work is considered to be the moral obligations whether the firm cares for the employees or not.

Perceived firm support is the scenario which is grounded instead of the policy based. So, the difference is the level of expectation through the employees.

5 0
2 years ago
Based on a predicted level of production and sales of 12,000 units, a company anticipates reporting operating income of $26,000
dexar [7]

Answer:

Fixed Cost = $10,000

Variable Costs = $90,000

Explanation:

Variable Cost per unit = $72,000 ÷ 12,000

                                      = $6

Variable Costs at 15,000 units = $6 x 15,000

                                                   = $90,000

Fixed Cost (given) = $10,000

8 0
1 year ago
Which of the following describes an externality and which does​ not? Explain the difference. a. A policy of restricted coffee ex
luda_lava [24]

Answer: The correct answer is "A. Choice​ (b) describes an externality. The advertising blimp imposes a cost on the motorist that is not accounted for in the market price of advertising. The restriction on coffee exports has market​ effects, which are not externalities. ".

Explanation: Choice​ (b) describes an externality. The advertising blimp imposes a cost on the motorist that is not accounted for in the market price of advertising. The restriction on coffee exports has market​ effects, which are not externalities.

An externality is a situation in which the costs or benefits of producing or consuming a good or service are not reflected in its market price despite having an external impact.

In case A, the situation is reflected in the market price, while in case B, the external situation, despite having an impact, does not affect the market price.

8 0
2 years ago
How would you write a business memorandum to this topic?
Artyom0805 [142]

Answer:

To ,

The Concern specialists/Editor/Citizens  

Subject: To Generate Cash for social assistance right now tempest and debacle .  

Dear partners ,  

We are confronting an incredible test to loss of our home and harms to our infrastructural improvement . As, I am another business visionary . I wish to contribute cash to greatest individuals with the goal that they can fix their home. This can not be conceivable without your important commitment and backing. I demand each resident , understudies, clients of treats, specialists and so forth to contribute wilfully at all you wish to do right now cause and at the hour of crisis.  

Looking for your gifts and an important commitment.  

Yours Sincerely,  

SALLY  

Proprietor AND SOLE PROPRIETOR  

CALIFORNIA COOKIES  

USA

3 0
2 years ago
During the year, Anna rented her vacation home for 87 days, used it personally for 13 days, and left it vacant for 265 days. She
frosja888 [35]

Answer:

The mortgage interest amount will be "Zero (0)".

Explanation:

A property to pay. Unless the apartment is started renting for 15 days or more in one year as well should not be used for private purposes for even more of some

(1) 14 days as well as

(2) 10% of the total rentals days, the apartment shall be considered as rental home.

Gross income = $7000

Now,

Total \ expenses =  (2500+9000+2400+1000+7500) - personal \ deduction[(2500+9000+2400+1000+7500)\times \frac{13}{100} ]

On putting the values, we get

⇒                      =22400 -2912

⇒                      =19488

And, Net rental loss will be:

=12,488 (7000 - 19488)

=12488-12488

=0

So that the Mortgage interest itemized will be "0" .

                       

8 0
2 years ago
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