Answers: 1
Business, 22.06.2019 03:00
5. profit maximization and shutting down in the short run suppose that the market for polos is a competitive market. the following graph shows the daily cost curves of a firm operating in this market. 0 2 4 6 8 10 12 14 16 18 20 50 45 40 35 30 25 20 15 10 5 0 price (dollars per polo) quantity (thousands of polos) mc atc avc for each price in the following table, calculate the firm's optimal quantity of units to produce, and determine the profit or loss if it produces at that quantity, using the data from the previous graph to identify its total variable cost. assume that if the firm is indifferent between producing and shutting down, it will produce. (hint: you can select the purple points [diamond symbols] on the previous graph to see precise information on average variable cost.) price quantity total revenue fixed cost variable cost profit (dollars per polo) (polos) (dollars) (dollars) (dollars) (dollars) 12.50 135,000 27.50 135,000 45.00 135,000 if the firm shuts down, it must incur its fixed costs (fc) in the short run. in this case, the firm's fixed cost is $135,000 per day. in other words, if it shuts down, the firm would suffer losses of $135,000 per day until its fixed costs end (such as the expiration of a building lease). this firm's shutdown priceââŹâthat is, the price below which it is optimal for the firm to shut downââŹâis per polo.
Answers: 3
Business, 22.06.2019 13:50
When used-car dealers signal the quality of a used car with a warranty, a. buyers believe the signal because the cost of a false signal is high b. it is not rational to believe the signal because some used-car dealers are crooked c. the demand for lemons is eliminated d. the price of a lemon rises above the price of a good used car because warranty costs on lemons are greater than warranty costs on good used cars
Answers: 2
Business, 22.06.2019 15:30
On january 15, the end of the first biweekly pay period of the year, north companyâs payroll register showed that its employees earned $32,000 of sales salaries. withholdings from the employeesâ salaries include fica social security taxes at the rate of 6.2%, fica medicare taxes at the rate of 1.45%, $3,000 of federal income taxes, $772 of medical insurance deductions, and $260 of union dues. no employee earned > $7,000 in this first period. prepare the journal entry to record north companyâs january 15 (employee) payroll expenses and liabilities.
Answers: 3
Business, 22.06.2019 16:20
Suppose you hold a portfolio consisting of a $10,000 investment in each of 8 different common stocks. the portfolio's beta is 1.25. now suppose you decided to sell one of your stocks that has a beta of 1.00 and to use the proceeds to buy a replacement stock with a beta of 1.55. what would the portfolio's new beta be? do not round your intermediate calculations.
Answers: 2
is a trade pact among Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua, which began in th...
Mathematics, 27.06.2019 23:30
History, 27.06.2019 23:30
Mathematics, 27.06.2019 23:30
Mathematics, 27.06.2019 23:30
Mathematics, 27.06.2019 23:30
Mathematics, 27.06.2019 23:30
History, 27.06.2019 23:30
Mathematics, 27.06.2019 23:30
Mathematics, 27.06.2019 23:30
Mathematics, 27.06.2019 23:30
History, 27.06.2019 23:30
History, 27.06.2019 23:30
History, 27.06.2019 23:30
Mathematics, 27.06.2019 23:30