maddieunverzagt1480 maddieunverzagt1480
  • 06-11-2020
  • Business
contestada

If the market price is $60, a firm's minimum average total cost is $70, and minimum average variable cost is $50, what should the firm do in this perfectly competitive market

Respuesta :

ovais6609 ovais6609
  • 09-11-2020

Answer:

it shouldn't violate historic cost principal because it is not going to shut down it's business so therefore it should value the assets on the market price not on the cost of purchase price

Explanation:

above is the explanation,you should think of the answers and so doing your hw from this app.

Answer Link

Otras preguntas

(-4 2/3) (1 1/2) Show Your Steps
Which of these is most important to include in a summary of this Article? A.In 1787, large and small states disagreed about how the states would be represented
(3x - 2) (10x - 11) (3x + 1)
The 2020 senior class is renting out Andretti thrill park for project graduation. It cost $5000 to rent out the park and $25 per senior class raised $12,000.
solve for x: 4/5 x =1
What is the hydrosphere? A. all liquid water on or near Earth's surface B. all water on or near Earth's surface C. all non-salt liquid water on or near Earth's
How many atoms are in 191 g of calcium
Why did Vicksburg surrender? 1. The city ran out of food and the people inside were starved into surrendering. 2. The city had no water and the people inside ha
Report on foreign employment in nepal
Which type offigurative language isbeing used?7. The citywas a junglewith carsrushing andnever endingnoise.A. AlliterationB. MetaphorC. SimileD. Personification