True or false? A firm should enter an industry if total revenue is equal to total cost.Question:True or false? A firm should enter an industry if total revenue is equal to total cost.Firms Entry on the Market:In competitive industries, firms are free to enter any...
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True or false? A firm should enter an industry if total revenue is equal to total cost. If a firm is producing a level of output that minimizes average variable cost, its marginal cost at that output must be greater than its average variable cost at tha...
If a firm shut down at a level when AVC = Price, the firm restricts its losses to ___. View Solution Q2 Under perfect competition, at the shut down point, revenue earned by the firm covers which cost? View Solution Q3 Total revenue is equal to ___. View Solution Q4 Losses occu...
Gross margin= Total revenue – Cost of goods sold = 43,853- 14,052= 29,801 Gross margin ratio= 29,801/ 43,853=___ Gross margin with___services revenue Gross margin= (goods) sales – Cost of goods sold = 18,693- 14,052= 4...
表述正确，经济利润（economic profit）＝总收益（total revenue）-机会成本（opportunity cost）。1、其中经济利润指的是企业的总收益和总成本之间的差额，也称超额利润。2、TR 总收益(Total Revenue) 表示厂商的收入，价格变化对于厂商总收益的影响的公式为：dTR/dP=Q(1-Ed) TR = P x Q3、机会成本...
a当经济利润为零的时候,即当总成本等于总收益的时候,生产要素所有者得到的收益恰好能抵补其机会成本, When economical profit for zero time, namely when the total cost was equal to total income time, the element of production owner obtains the income can make good its opportunity cost exactly,[transla...
a强调相关的要求 正在翻译,请等待...[translate] adarink darink[translate] athe decrease in total revenue is less than the cost saving from using one less unit of the input 在總收支的減退比成本節約是較少從使用一輸入的較少單位[translate]...
To monitor total cost, total revenue, and net profit based upon production levels, a manager should useA. Both flexible budgeting and standard costing. B. Static budgeting but not standard costing. C. Standard costing but not flexible budgeting. D. Static budgeting and standard costing. 正确答案...
It costs money to make and sell an additional unit. As long as marginal revenue is above or equal tomarginal cost, a company is making a profit. Once marginal cost exceeds marginal revenue, it makes no sense for a company to produce or sell more units of its products or services...