Business, 27.11.2019 20:31, destinyd10189
The market for fertilizer is perfectly competitive. firms in the market are producing output but are currently incurring economic losses.
a. how does the price of fertilizer compare to the average total cost, the average variable cost, and the marginal cost of producing fertilizer?
b. draw two graphs, side by side, illustrating the present situation for the typical firm and for the market.
c. assuming there is no change in either demand or the firms’ cost curves, explain what will happen in the long run to the price of fertilizer, marginal cost, average total cost, the quantity supplied by each firm, and the total quantity supplied to the market.
Answers: 1
Business, 21.06.2019 20:30, vismayagejjala
technology is the application of knowledge and tools to solve problems and perform tasks more efficiently. t/f
Answers: 1
Business, 22.06.2019 04:10, Gillo34
An outside manufacturer has offered to produce 60,000 daks and ship them directly to andretti's customers. if andretti company accepts this offer, the facilities that it uses to produce daks would be idle; however, fixed manufacturing overhead costs would be reduced by 75%. because the outside manufacturer would pay for all shipping costs, the variable selling expenses would be only two-thirds of their present amount. what is andretti's avoidable cost per unit that it should compare to the price quoted by the outside manufacturer?
Answers: 3
Business, 22.06.2019 20:30, capybaracaptin2895
Considered alone, which of the following would increase a company's current ratio? a. an increase in net fixed assets. b. an increase in accrued liabilities. c. an increase in notes payable. d. an increase in accounts receivable. e. an increase in accounts payable.
Answers: 3
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