Nthis case, which of the following statements are true about the market at this price–quantity combination? check all that apply. the airline is operating at too big a loss and should, therefore, cancel this flight. price is greater than average total cost. profit is negative. total revenue is greater than variable cost. if fixed cost increases to $59,500, does this change the production decision of the airline in the short run? yes no true or false: the decision to operate a flight in the short run depends on the relationship between total revenue and variable cost. true false

M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.