Answers

IJ

Answered

​A firm sells 300,000 units per week.It charges $ 35 per unit,the average variable costs are $40,and the average costs are $55.In the short run,the firm should

A) ​Shut-down as the firm is making a loss of $15 million per week
B) Shut-down as the firm cannot cover the variable costs
C) Shut down because the price is lower than average cost
D) ​None of the above

On Sep 28, 2024


B
IJ

Answered

During which step of the Reasoned Decision-Making Model do you identify all courses of action, including the absurd?

A) Brainstorm the strategies
B) Consider the consequences
C) Decide diligently
D) Assess objectively

On Sep 22, 2024


A