(Answered) A perfectly competitive firm is producing at an output

Management Studies

A perfectly competitive firm is producing at an output level under the the market price = $125 per unit, while the ATC = $130, AVC = $120, and MC = $125 at that output level. The firm should

A. stay open but decrease output.

B. shut down because price is lower than AVC.

C. staty oepn and maintain the current level of output.

D. shut down because of negative economic profit.

E. stay open and raise the price.

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M92090129
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Management

How can five elements of the auburn creed affect the

How can five elements of the auburn creed affect the application of the rational decision-making model?

Ethical behavior is a critical element for the success of

Ethical behavior is a critical element for the success of any business and business manager. If you were tasked with writing a code of ethics for your company, what concepts would you include and why?

Bibliography workshopwhat is annonated bibliography give an

Bibliography Workshop What is annonated bibliography? Give an example and suggest some peer review journal articles

Identify two examples of managers inadvertently reinforcing

Identify two examples of managers inadvertently reinforcing the wrong behaviours. Then, identify two examples of managers punishing or extinguishing good behaviours.

Integrating components of ethical behavior with the four

Integrating Components of Ethical Behavior with the four Decision-Making Formats, what actions should Heinz take regarding the drugs his wife needs? Be sure to support your decision in light of the ethical theories cover ...

Unlock solutionorganizational structuring when structuring

Unlock Solution Organizational Structuring When structuring the organization for market responsiveness, leaders have four general issues to consider. These issues.

A us owned automobile factory uses 50 million worth of

A US owned automobile factory uses $50 million worth of materials produced in the US and $10 million worth of material purchased from foreign countries to produce $100 million worth of automobiles. $70 million worth of a ...

What are some ways in which the transportation security

What are some ways in which the Transportation Security Administration is attempting to improve the security of the U.S. transportation system? Discuss the Customs Trade Partnership Against Terrorism (C-TPAT).

The business world today is increasingly complex and

The business world today is increasingly complex and variable in virtually every country and industry. Thus, organizations must become more organic. How do you define an organic organization and a mechanistic organizatio ...

Please help me on how to search 3 journal articles on does

Please help me on how to search 3 journal articles on: Does job enlargement have a positive effect on job satisfaction?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert