In the long run, a profit-maximizing firm will choose to exit a market when a. marginal cost exceeds marginal revenue at the current level of production. b. average fixed cost is falling. c. total revenue is less than total cost. d. variable costs exceed sunk costs.

technology is the application of knowledge and tools to solve problems and perform tasks more efficiently. t/f

Fly-by products, inc. operates primarily in the united states and has several segments. for the following segment, determine whether it is a cost center, profit center, or investment center: international operations- acts as an independent segment responsible for all facets of the business outside of the united states. select one: a. cost center b. profit center c. investment center

Roberto and reagan are both 25 percent owner/managers for bright light inc. roberto runs the retail store in sacramento, ca, and reagan runs the retail store in san francisco, ca. bright light inc. generated a $125,000 profit companywide made up of a $75,000 profit from the sacramento store, a ($25,000) loss from the san francisco store, and a combined $75,000 profit from the remaining stores. if bright light inc. is an s corporation, how much income will be allocated to roberto?