subject
Business, 21.04.2020 22:41 nsjcbdhcb

Even if it is making economic losses, a perfectly competitive firm should keep operating in the short run so long as the price is NOT a. lower than the average variable cost. b. higher than the average variable cost. c. lower than the average total cost.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 16:30
How is the architecture career pathway different from the construction pathway? a. architecture involves coordinating with contractors to make sure everyone stays on schedule. b. architecture involves using tools and equipment to build something new. c. architecture involves the design process, considering the function and safety of the project. d. architecture involves evaluating the work of contractors and employees.
Answers: 1
question
Business, 22.06.2019 02:20
Neon light company of kansas city ships lamps and lighting appliances throughout the country. ms. neon has determined that through the establishment of local collection centers around the country, she can speed up the collection of payments by one and one-half days. furthermore, the cash management department of her bank has indicated to her that she can defer her payments on her accounts by one-half day without affecting suppliers. the bank has a remote disbursement center in florida. a. if neon light company has $2.90 million per day in collections and $1.18 million per day in disbursements, how many dollars will the cash management system free up?
Answers: 2
question
Business, 22.06.2019 09:20
Which statement best explains the relationship between points a and b? a. consumption reaches its highest point, and then supply begins to fall. b. inflation reaches its highest point, and then the economy begins to expand. c. production reaches its highest point, and then the economy begins to contract. d. unemployment reaches its highest point, and then inflation begins to decrease.
Answers: 2
question
Business, 22.06.2019 10:30
On july 1, oura corp. made a sale of $ 450,000 to stratus, inc. on account. terms of the sale were 2/10, n/30. stratus makes payment on july 9. oura uses the net method when accounting for sales discounts. ignore cost of goods sold and the reduction of inventory. a. prepare all oura's journal entries. b. what net sales does oura report?
Answers: 2
You know the right answer?
Even if it is making economic losses, a perfectly competitive firm should keep operating in the shor...
Questions
question
History, 13.11.2020 19:50
question
Arts, 13.11.2020 19:50
question
Biology, 13.11.2020 20:00
question
Mathematics, 13.11.2020 20:00