Should a firm shut down if its weekly revenue is ?$1,000 its variable cost is ?$600...
Should a firm shut down if its weekly revenue is ?$1,000 its variable cost is ?$600 and its fixed cost is ?$1,500 of which ?$250 is avoidable if it shuts? down? ? Why?
The firm should
A. produceproduce because revenue of ?$1,000 is greatergreater than avoidable costs.
B. produceproduce because revenue of $1,000 is greatergreater than variable costs.
C. shut downshut down because revenue of ?$1,000 is less than fixed costs.
D.produce because revenue is positive.
E.shut downshut down because because variable costs are lessless than fixed costs.
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Should a firm shut down if its weekly revenue is ?$1,000 its
variable cost is ?$600...
Afirm's monthly revenue is $15,000, its variable cost is $10,000, and its fixed cost $5,000, of...
Afirm's monthly revenue is $15,000, its variable cost is $10,000, and its fixed cost $5,000, of which $2,000 is avoidable if it shuts down. The firm should shut down because its revenue is less than its avoidable cost. O not shut down because its revenue is greater than its avoidable cost. not shut down because its revenue is greater than its unavoidable cost. O shut down because its revenue is less than its unavoidable cost.
Afirm's monthly revenue is $20,000, its variable cost is $15,000, and its fixed cost $8,000, of...
Afirm's monthly revenue is $20,000, its variable cost is $15,000, and its fixed cost $8,000, of which $6,000 is avoidable if it shuts down. The firm should shut down because its revenue is less than its unavoidable cost. not shut down because its revenue is greater than its unavoidable cost. O shut down because its revenue is less than its avoidable cost. o not shut down because its revenue is greater than its avoidable cost.
For questions 4-6: A firm has weekly revenue of $1000. The firm's total cost is $1450...
For questions 4-6: A firm has weekly revenue of $1000. The firm's total cost is $1450 per week. The firm will shut down if weekly fixed (sunk) cost is The firm's variable cost is $900 and its fixed cost, which is all sunk, is $500. The firm will shut down. 2 The firm's variable cost is $500 and its fixed cost is $800. The firm shuts down if the percentage of fixed costs that is avoidable is greater than
A firm has weekly revenue of $1000. a) The firm's total cost is $1450 per week....
A firm has weekly revenue of $1000. a) The firm's total cost is $1450 per week. The firm will shut down if weekly fixed (sunk) cost is what? b) The firm's variable cost is $500 and its fixed cost is $800. The firm shuts down if the percentage of fixed costs that is avoidable is greater than 20%, 40%, 60%, or 80%?
For questions 4-6: A firm has weekly revenue of $1000. The firm's total cost is $1450...
For questions 4-6: A firm has weekly revenue of $1000. The firm's total cost is $1450 per week. The firm will shut down if weekly fixed (sunk) cost is 2 40 500 HD] 70 2 “ ។ ៩ ៥ ៩៥ ៩ ៩ ន ដ ន ម ១ The firm's variable cost is $900 and its fixed cost, which is all sunk, is $500. FTRUE The firm will shut down. ALSE 2 The firm's variable cost is $500 and its faed...
Should a firm shut down (and why) if its revenue is $2,000 per week and a. Its variable cost is $1,000, and its fixed cost is $1,200 b. Its variable cost is $2,001, and its fixed cost = $1,000? c. Its variable cost is $1,000
Should a firm shut down (and why) if its revenue is $2,000 per week anda. Its variable cost is $1,000, and its fixed cost is $1,200b. Its variable cost is $2,001, and its fixed cost = $1,000?c. Its variable cost is $1,000,
A firm should shut down only if is less than O revenue; avoidable cost marginal revenue;...
A firm should shut down only if is less than O revenue; avoidable cost marginal revenue; marginal cost O revenue; zero O marginal revenue; unavoidable cost
Fixed costs are irrelevant in the decision about whether to shut down production in the short...
Fixed costs are irrelevant in the decision about whether to shut down production in the short run because fixed costs: do not affect, and are not affected by, the quantity the firm produces. can be paid off over time. only change when production changes only change in the short run |If a profit-maximizing perfectly competitive firm shuts down in the short run, it incurs no losses. it incurs an economic loss equal to total fixed cost. its profit equals zero....
A firm will shut down in the short run if the total revenue that it would...
A firm will shut down in the short run if the total revenue that it would get from producing and selling its output is less than its a. fixed costs. b. opportunity costs. c. total costs. d. variable costs.
A firm should not necessarily shut down if: Select one: a. firms suffer losses and the...
A firm should not necessarily shut down if: Select one: a. firms suffer losses and the price is below variable costs. b. price is less than average variable cost. C. total revenue is less than total variable cost. d. firms suffer losses and the price is above variable costs. e. the demand curve facing the firm lies below its average variable cost curve. Previous page 4 5 o 6
Afirm's monthly revenue is $15,000, its variable cost is $10,000, and its fixed cost $5,000, of which $2,000 is avoidable if it shuts down. The firm should shut down because its revenue is less than its avoidable cost. O not shut down because its revenue is greater than its avoidable cost. not shut down because its revenue is greater than its unavoidable cost. O shut down because its revenue is less than its unavoidable cost.
Afirm's monthly revenue is $20,000, its variable cost is $15,000, and its fixed cost $8,000, of which $6,000 is avoidable if it shuts down. The firm should shut down because its revenue is less than its unavoidable cost. not shut down because its revenue is greater than its unavoidable cost. O shut down because its revenue is less than its avoidable cost. o not shut down because its revenue is greater than its avoidable cost.
For questions 4-6: A firm has weekly revenue of $1000. The firm's total cost is $1450 per week. The firm will shut down if weekly fixed (sunk) cost is The firm's variable cost is $900 and its fixed cost, which is all sunk, is $500. The firm will shut down. 2 The firm's variable cost is $500 and its fixed cost is $800. The firm shuts down if the percentage of fixed costs that is avoidable is greater than
For questions 4-6: A firm has weekly revenue of $1000. The firm's total cost is $1450 per week. The firm will shut down if weekly fixed (sunk) cost is 2 40 500 HD] 70 2 “ ។ ៩ ៥ ៩៥ ៩ ៩ ន ដ ន ម ១ The firm's variable cost is $900 and its fixed cost, which is all sunk, is $500. FTRUE The firm will shut down. ALSE 2 The firm's variable cost is $500 and its faed...
A firm should shut down only if is less than O revenue; avoidable cost marginal revenue; marginal cost O revenue; zero O marginal revenue; unavoidable cost
Fixed costs are irrelevant in the decision about whether to shut down production in the short run because fixed costs: do not affect, and are not affected by, the quantity the firm produces. can be paid off over time. only change when production changes only change in the short run |If a profit-maximizing perfectly competitive firm shuts down in the short run, it incurs no losses. it incurs an economic loss equal to total fixed cost. its profit equals zero....
A firm should not necessarily shut down if: Select one: a. firms suffer losses and the price is below variable costs. b. price is less than average variable cost. C. total revenue is less than total variable cost. d. firms suffer losses and the price is above variable costs. e. the demand curve facing the firm lies below its average variable cost curve. Previous page 4 5 o 6
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