ZuoTi.Pro
Question

regarding economic troubles, such as “restaurant trouble,” “retail slowdown,” and “small business shutdowns,” what is that...

regarding economic troubles, such as “restaurant trouble,” “retail slowdown,” and “small business shutdowns,” what is that intended to do to the total costs experienced by businesses within these industries? In other words, which of the three total costs (TFC, TVC, TC) will be affected?

business   economics   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

Answer - Total variable cost will be responsible for these slowdowns and shut downs. If the retail firms and small businesses will not be able to meet their variable costs , they will have to shut down the productions and the activities will slow down. This will be done in order to prevent the occurance of more losses from the fixed cost. In order to prevent the exit of market and incur heavy losses , as soon as price will TR will reach minimum of TVC , the firm will shut down. Hence TVC is the decision making cost here.

0 0
Add a comment
Know the answer?
Add Answer to:
regarding economic troubles, such as “restaurant trouble,” “retail slowdown,” and “small business shutdowns,” what is that...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • 3. Which two sentences work together to express the topic of Paragraph 27 4. What is...

    3. Which two sentences work together to express the topic of Paragraph 27 4. What is the main idea of Paragraph 3? a. Citizens would benefit significantly from purchasing goods made in their country. b. It is advantageous for workers to adapt swiftly to dynamic economic conditions. c. Workers should change their circumstances as soon as the economy is hit with problems. d. Protectionist policies serve to help workers in certain industries keep their jobs. 5. What is the main...

  • Below is an internet marketing scenario that was conducted by a small business. Your job is...

    Below is an internet marketing scenario that was conducted by a small business. Your job is to brainstorm and list the areas/points of success and failure that the business owner undertook. In other words, what did the business owner do right and do wrong regarding his e-commerce activities. You are to troubleshoot and list via numbered responses those factors that the business owner did correctly and incorrectly in carrying out his initiatives. You are required to have 1 page for...

  • Please read the article and answer about questions. You and the Law Business and law are...

    Please read the article and answer about questions. You and the Law Business and law are inseparable. For B-Money, the two predictably merged when he was negotiat- ing a deal for his tracks. At other times, the merger is unpredictable, like when your business faces an unexpected auto accident, product recall, or government regulation change. In either type of situation, when business owners know the law, they can better protect themselves and sometimes even avoid the problems completely. This chapter...

  • Three farmers (Farms A, B, and C) have offered their land for sale for business development....

    Three farmers (Farms A, B, and C) have offered their land for sale for business development. Each parcel of land is approximately 1,000 acres and all the farms are located within the same region. The economic development committee in your small town has asked you to do some research on the farmer’s land before negotiations begin so the committee will know what to expect in advance as far as offering fair compensation. The farmers have made last year’s financial records...

  • You must participate in taking part in favor or against the stated P/C topic. It is...

    You must participate in taking part in favor or against the stated P/C topic. It is important to post your opinions, insights, and concerns for this statement. Therefore, take the time to read each section carefully and write down those ideas that you may put on the discussion table. Be sure to write a minimum of one paragraph for each initial post. Should Nations Use Strategic Trade Policies? Point A strategic trade policy, or industrial policy, is one in which...

  • What people, organization, and technology problems were responsible for Nasty Gal's failure as a business? In...

    What people, organization, and technology problems were responsible for Nasty Gal's failure as a business? In 2006, Sophia Amoruso was a 22-year-old hitch hiking, dumpster-diving community college dropout believed customers were at the center of everything with a lot of time on her hands. After reading a book Nasty Gal did. When she sold on eBay, she learned to called Starting an eBay Business for Dummies, she respond to every customer comment to help her under- launched an eBay store...

  • Sub Hub-Retail Site Selection Read the overview below and complete the activities that follow. Sub Hub...

    Sub Hub-Retail Site Selection Read the overview below and complete the activities that follow. Sub Hub is a quick service submarine sandwich shop, with current operations in five states. Sub Hub operates franchise locations only. The company has announced their expansion plans for the next few years with a mix of new company owned and franchised stores in new markets. Sub Hub prides itself on the quality of its product, freshly made sandwiches and fast and friendly service. A normal...

  • THE COMPANY: MORE POWER, INC. More Power, Inc., is a large, local retail store specializing in...

    THE COMPANY: MORE POWER, INC. More Power, Inc., is a large, local retail store specializing in the sale and service of hardware, tools, lawn and garden implements, and other materials for the home. More Power operates seven days a week, dawn to dusk. Approximately 120 employees work in distinct divisions within the store, including customer service/return desk; warehouse and delivery; service and repair; and three distinct sections focused on (1) hardware and tools, (2) lawn and garden and outdoors, and...

  • Why are networks and industry relationships important to TWC? What other strategies could an eco-tourism business...

    Why are networks and industry relationships important to TWC? What other strategies could an eco-tourism business of this size use to source ideas and incorporate into its new product development strategy? Tasmanian Walking Company: Balancing luxury and adventure in a sustainable experience Gemma Lewis, PhD University of Tasmania, Australia the organic skincare range supplied by LITYA (Li'tya, 2016). Before introducing this new activity, TWC had to adapt certain treatments to ensure they maintained ocus on sustainable resaurce usage. Their outecor...

  • Question: What caused productivity to increase? The U.S. Postal Service OPERATIONS TOUR "Neither rain, nor snow...

    Question: What caused productivity to increase? The U.S. Postal Service OPERATIONS TOUR "Neither rain, nor snow are third-class mail, or have meter impressions that are too light to read. The rejects are handled manually. The remaining letters are can- The U.S. Postal Service (USPS) is the largest postal service in the celled and date stamped, and then sorted to one of seven stackers. world, handling about 41 percent (630 million pieces a day) of the Next the letters go to...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT