Business

Abraham Marquez

23 June, 03:36

Suppose that price is below the minimum average total cost (atc) but above the minimum average variable cost (avc), and the market price is expected to rise at least to atc in the near future. in the short run, a firm that is a price taker would:

+4

Answers (1)

Know the Answer?

Not Sure About the Answer?

Get an answer to your question ✅ “Suppose that price is below the minimum average total cost (atc) but above the minimum average variable cost (avc), and the market price is ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.

Search for Other Answers

You Might be Interested in

Rosana believes that she will succeed in business if she works hard and carefully manages her time. Her belief most clearly illustrates

Assume Gillette Corporation will pay an annual dividend of $0.65 one year from now. Analysts expect this dividend to grow at 12% per year thereafter until the fifth year. After then, growth will level off at 2% per year.

3. A car dealer must choose between two alternative forecasting techniques. Both techniques have been used to prepare forecasts for a six - month period.

Enchante Inc., a designer clothing company buys $400 worth of silk from a silk trader, and $30 worth of accessories from AccessoriesRUs to produce each dress.

Six months ago, the price of gasoline was $2.20 per gallon. now, the price is $2.40 per gallon. in response to this price increase, the number of gallons of gasoline purchased has declined by 2 percent.

New Questions in Business

Desires to maintain a capital structure of 80% equity and 20% debt. They currently have an effective tax rate of 30%. The company's cost of equity capital is 12%. To obtain their debt financing, they issue bonds with an interest rate of 10%.

During 2017, Blossom Company disposed of Pine Division, a major component of its business. Blossom realized a gain of $2920000, net of taxes, on the sale of Pine's assets. Pine's operating losses, net of taxes, were $3580000 in 2017.

On March 1, 2017, Carla Vista Co. acquired real estate, on which it planned to construct a small office building, by paying $84,500 in cash.

Tools can be used safely for jobs that they were not designed to do. True or False

Consider the relative liquidity of the following assets: Assets 1. A share in a publicly traded company 2. The funds in a savings account 3. A $10 bill 4. Your car Select the assets in order of their liquidity, from most liquid to least liquid.