Afirm has three different production facilities, all of which produce the same product. while reviewing the firm's cost data, jasmin, a manager, discovers that one of the plants has a higher average cost than the other plants and suggests closing that plant. another manager, joshua, notes that the high-cost plant has high fixed costs but that the marginal cost for that plant is lower than in the other plants. he says that the high-cost plant should not be shut down but should expand its operations. who is right?

When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting

Each month, business today publishes a news piece about an innovative product, service, or business. such soft news is generally written by a freelance business writer and is known as a

Complete the sentences. upper a decrease in current income taxes the supply of loanable funds today because it a. decreases; increases disposable income, which decreases saving b. has no effect on; doesn't change expected future disposable income c. decreases; decreases expected future disposable income d. increases; increases disposable income, which encourages greater saving upper a decrease in expected future income a. increases the supply of loanable funds today because households with smaller expected future income will save more today b. has no effect on the supply of loanable funds c. decreases the supply of loanable funds because it decreases wealth d. decreases the supply of loanable funds today because households with smaller expected future income will save less today