Business, 06.04.2021 01:00 lcaulkett27

Should a firm shut down if its revenue is R$800 per week, its variable cost is VC$700, and its sunk fixed cost is F$2,400? This firm should A. not shut down because revenue is positive. B. shut down because total cost is greater than revenue. C. not shut down because variable cost is less than revenue. D. shut down because fixed cost is greater than revenue. E. not shut down because total cost is greater than variable cost. Should a firm shut down if its revenue is R$800 per week, its variable cost is VC$1,200, and its sunk fixed cost is F$2,400? This firm should A. not shut down because revenue is positive. B. shut down because total cost is greater than revenue. C. shut down because varible cost is greater than revenue. D. shut down because fixed cost is greater than revenue. E. not shut down because total cost is greater than variable cost. Over the long run, should a firm shut down if its revenue is R$100,000, and its variable cost is VC$200,000? This firm should A. shut down because revenue is declining. B. not shut down because variable cost is not relevent. C. not shut down because revenue is positive. D. shut down because variable cost is less than revenue. E. shut down because variable cost is greater than revenue.

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