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

The forces of adjustment to market equilibrium are the natural forces of suppliers to make profit and consumers to maximize their _____________.
When did diesel locomotives replace steam locomotives?
How is federalism represented in the formal amendment process
An organism that live in or on another organism often with harmful side effects but without benefits is a
How Many Lines? Stew counted the lines of a page in his book. Counting by threes gave a remainder of 2, counting by fives also gave a remainder of 2, and counti
a pool ball rolling at 10m/s[w] strikes a cushion and then rebounds at a velocity of 10m/s[s]. what is the change in velocity of the pool ball?
how can ari simplify the following expression 5/a-3-4/2+1/a-3
Is creating false threats in different countrys illegal?
Question 1: a. what are the three (3) major organs of the nervous system b. for each organ you have named, describe the function
the superscript of element CI indicates it is a a. Neautral atom b negative isotope c negative ion d positive ion
good job