Afirm's minimum average variable cost of $25 a backpack occurs when the firm produces 4 backpacks a day. draw the firm's supply curve. label the supply curve below $25 a backpack s_0. label the supply curve above $25 a backpack s_1. a firm's supply curve is the same as the average total cost curve at all points above the shutdown point includes the marginal cost curve at all pewits above minimum average variable cost is vertical at the shutdown point is the same as the average variable cost curve at al points above the shutdown point

Nikolas works in a shoe store as a salesperson. a teenage boy comes in looking for comfortable sports shoes because he is going on a hike. he tells nikolas he wants shoes that have velcro straps. nikolas shows him a wide variety of velcro-strapped shoes, but the customer rejects them because they don't feel comfortable. he asks for sports shoes with laces instead. nikolas once again shows him a wide variety. the boy is once again not satisfied and asks to see the velcro-strapped shoes again. nikolas is irritated but doesn't show his annoyance. what customer service skill is nikolas showing? nikolas is a. meekness b. patience c. persistence

Randall's, inc. has 20,000 shares of stock outstanding with a par value of $1.00 per share. the market value is $12 per share. the balance sheet shows $42,000 in the capital in excess of par account, $20,000 in the common stock account, and $50,500 in the retained earnings account. the firm just announced a 5 percent (small) stock dividend. what will the balance in the retained earnings account be after the dividend?

One of the benefits of a well designed ergonomic work environment is low operating costs is true or false