Business, 28.07.2019 18:00 belindajolete
Andrew carnegie was a native of what country? ireland scotland switzerland united states 2. carnegie made his fortune primarily in what industry? communication cotton oil steel 3. what is the term for controlling/owning each step of a production process? trust busting pure competition vertical integration horizontal integration
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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 price—that is, the price below which it is optimal for the firm to shut down—is per polo.
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Business, 22.06.2019 07:30
Awell-written business plan can improve your chances of getting funding and give you more free time. improved logistics. greater negotiating power.
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Business, 23.06.2019 09:30
When gathering information about certain occupations, be sure to understand how you are paid. what is the difference between a salary and an hourly wage?
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Business, 23.06.2019 23:30
Successful firms focus their efforts on satisfying customer needs that match their core competencies. select one: a. true b. false
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Andrew carnegie was a native of what country? ireland scotland switzerland united states 2. carnegi...
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