In the short run, a firm has two options: _______. a) stay in business or go out

Question:

In the short run, a firm has two options: _______.

a) stay in business or go out of business

b) stay in business or shut down

c) operate or go out of business

d) operate or shut down.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

See More Books

Question Posted: Feb 29, 2024 07:01 AM

See More Questions

Which of the following conditions would definitely cause a perfectly competitive company to shut down in the short run? Select one: a. P < MC b. P = MC < AC c. P < AVC d. P = MR e. None of the above...
If price is above ATC, the firm will ______. a) shut down in the short run and go out of business in the long run b) shut down in the short run and stay in business in the long run c) operate in the...
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
Crosby is known for his advocacy of zero-defects management and prevention; Crosby's Quality Vaccine consists of which three ingredients? Group of answer choices A. Determination, Education, and...
During its first week of operations, January 1 to 7, 2014, Cosy Comfort Furniture Company completed six transactions with the dollar effects indicated in the following schedule: Required: 1. Write a...
What are the differences between the cluster structure and the network structure?
E 23-10 Estate tax calculation Mr. Dogbert dies on March 1, 2015, and leaves his entire estate, with a fair value of $10,600,000 (after settlement of all estate expenses and liabilities) to his sole...
The two blocks in Fig. 4.39 are connected by a heavy uniform rope with a mass of 4.00 kg. An upward force of 200 N is applied as shown. (a) Draw three free-body diagrams, one for the 6.00-kg block,...
You paid $1,188 for a corporate bond that has a 13.12 percent coupon rate. What is the bonds current yield?
As output expands to larger and larger numbers, _________ continues to decline. a) AFC b) AVC c) ATC d) MC
Parkinsons l aw is an example of _______. a) economies of scale b) diseconomies of scale c) Adam Smiths pin factory d) the firms search for its most profitable output.
Karou is considering different options for financing the $12,000 balance on her planned new car purchase. The cheapest advertised rate among the local banks is 7 percent for a 48-month car loan. The...
Use the following data to calculate the requested ratios for Tristar Transport and Logistic Services. Briefly analyse each answer. 1) Days accounts receivable. 2) Inventory turnover. 3) Debt/equity....
The following partial information is contained in the variance analysis received from the Western Plant of Eastlawn Company. All plants at Eastlawn apply overhead on the basis of direct labor-hours....
The Hudson Company is the sponsor of an IRS qualified defined benefit pension plan for a single employer. The pension plan calculates pension benefits based on factors like age, years of service, and...
Find the area enclosed by one loop of the four-leaved rose r = cos(20).
Landen Corporation uses a job-order costing system. At the beginning of the year, the company made the following estimates: Direct labor-hours required to support estimated production 65,000...
The TV watching study of Exercise 1 was collected as a survey of students at a small college. Do the assumptions of ANOVA appear to be met? Here are some displays to help in your decision: 05050 21 2...
Solve each equation or inequality. |6x8-4 = 0
The market for pizza has the following demand and supply schedules: a. Graph the demand and supply curves. What is the equilibrium price and quantity in this market? b. If the actual price in this...
Consider the following events: Scientists reveal that consumption of oranges decreases the risk of diabetes, and at the same time, farmers use a new fertilizer that makes orange trees more...
Suppose that the price of basketball tickets at your college is determined by market forces. Currently, the demand and supply schedules are as follows: a. Draw the demand and supply curves. What is...
If John invested $20,000 in a stock paying annual qualifying dividends equal to 4% of his investment, what would the value of his investment be 5 years from now? Assume Johns marginal ordinary tax...
help asap please!
Please, help asap! I have one day. Feedback will be given. & show some work. [in Excel] For the final project you will need you to create a spreadsheet /proforma of the cash flows from a property....

In the short run, a firm has two options: _______. a) stay in business or go out

Question:

Step by Step Answer:

In the short run a firm indeed has two main options regarding its ...View the full answer

Microeconomics

Students also viewed these Business questions