This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A firm sells 1000 units per week. It charges 70 per unit, the average variable costs are 25, and the ... (Read 53 times)

sarasara

  • Hero Member
  • *****
  • Posts: 521
on: Jul 1, 2018
A firm sells 1000 units per week. It charges 70 per unit, the average variable costs are 25, and the average costs are 65 . At what price would the firm consider shutting down in the long run?
 a. 10
  b. 25
  c. 65
  d. 70

Question 2

What would the profits be for Mattie's Dairy if Irene does not enter the market?
 a. 5million
 b. 10million
  c. 15million
  d. Zero


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mirabriestensky

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

b


sarasara

  • Member
  • Posts: 521
Reply 2 on: Jul 1, 2018
Gracias!

bassamabas

  • Member
  • Posts: 294
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Average winter rainfall and variation in rainfall among sites inhabited by Suromalus ater Average winter rainfall and variation in rainfall among sites inhabited by Suromalus ater
Average Global Temperature Rise over the Past Century Average Global Temperature Rise over the Past Century
Gently squeeze/milk the arm with twisting motion. With oil or lotion on hands, use gentle but firm ... Gently squeeze/milk the arm with twisting motion. With oil or lotion on hands, use gentle but firm ...
Schematic depiction of the action of tryptophan synthase in one functional unit Schematic depiction of the action of tryptophan synthase in one functional unit
Which of the following is not a unit factor related to a 15.0% aqueous solution Which of the following is not a unit factor related to a 15.0% aqueous solution
An electrician charges a flat fee of $90 for a home service call. In addition he charges $25 ... An electrician charges a flat fee of $90 for a home service call. In addition he charges $25 ...
Video: Studying the Left and Right Brain Independently

For a complete list of videos, visit our video library