The firm will produce output in the short run only if the market price is at least equal to the <u>average cost</u>.
In both the short run and the long run, rate equals marginal revenue. The firm must increase output so long as marginal sales exceed marginal fee, and reduce output if marginal sales is much less than marginal fee. earnings are maximized while marginal sales equal marginal fee.
Short-run price is determined by means of short-run equilibrium among call for and supply. deliver curve in the brief run under perfect opposition is a lateral summation of the quick-run marginal value curves of the company.
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Answer:
Corporate welfare
Explanation:
Corporate welfare is defined as the giving of financial grants, tax breaks, bailouts, etc by the government to large firms or organizations. This corporate welfare also shows how much less these organizations need such benevolent acts from the government compared to the poor and average members of the society. More often than not, the value of corporate welfare is not disclosed to the public thereby making it difficult to wrap one's head around how much corporate welfare the government is giving these corporations or organizations.
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Answer:
$784,000
Explanation:
For calculating budgeted sales for the upcoming week can be calculated as under:
Sale Budget (Units) = Hardcover Books sales units per day * 7 days
= 1,600 books per day * 7 days
= 11,200 Units
Now the sales units would be converted into Dollars:
Sales Budget ($) = 11,200 Units * $70 days = $784,000
Answer:
Purchases= $408,000
Explanation:
Giving the following information:
Beginning Ending Raw materials inventory$547,000 $610,000
The raw materials used in manufacturing during the year totaled $1,018,000
<u>To calculate the direct material purchased, we need to use the following formula:</u>
Purchases= direct material used in production - ending inventory
Purchases= 1,018,000 - 610,000
Purchases= $408,000
A job objective <span>A. Persuade the reader to hire you
</span><span>
In a resume, it is important for the person to write down the specific job objective on an application. </span><span>A company would be interested in hiring someone who has clear job objective and purpose for the job.
</span><span>
</span><span>If the company sees that the person's objective matches the people that they are looking for, it would be easy for them to hire and get interested in the background of the employee. </span><span>
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