T-shirt enterprises is selling in a purely competitive market. it is producing 3,000 units, selling them for $2.00 each. at this level of output, the average total cost is 2.50 and the average variable cost is $2.20. based on these data, the firm should
a - shut down in the short run.
b - decrease output to 2,500 units.
c - ontinue to produce 3,000 units.
d - increase output to 3,500 units.

Find the expected net profit of an insurance company on a health-insurance policy if: the probability of a $5000 claim is 20%; the probability of a $1000 claim is 60%; the probability of a $20,000 claim is 10%, and the probability of no claim is 10%. the company charges $4000 for this coverage. interpret your answer.

True or false: on january 1, year one, the epstein corporation buys a plot of land with a four-story office building. the company believes the building is worth $1.9 million and has an estimated life of twenty years (with no anticipated residual value). the straight-line method is used. the land has an assessed value of $100,000. because the seller was interested in a quick sale, epstein was able to buy this land and building for $1.7 million. depreciation expense to be recognized in year one is $80,750.

An object that is clicked on and takes the presentation to a new targeted file is done through a