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Is the risk to the firm of being unable to cover operating costs?
Wiki User
∙ 11y ago
Financial risk
Wiki User
∙ 11y ago
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Total product that needs to sell to cover total costs?
Long run
Too high to clear the market?
No producer can cover the costs of production at that price
Contribution margin is equal to fixed costs minus variable costs?
No... The contribution margin is the dollar amount of each unit of output that is available first to cover fixed costs and then to contribute to profit.
In economics what is the break even price?
the price at which a firm is just able to cover all of its costs , including the opportunity cost of capital
What is price gouging?
When a company charges you significantly more for a good than the amount required to cover its costs especially when the good is more of a necessity than a want.
What phrase describes a company whose revenues cover its operating costs?
Positive Cash Flow
What are establishment expenses?
These costs include the initial costs in establishing the business (e.g. rent, insurance and stock), capital costs (e.g. equipment, plant and machinery) and operating costs (the cost of operating the business until income is sufficient to cover the costs of the business).when you save the money your future will be bright...
When you adopt a pet from a local shelter do you have to pay for it?
Yes. Usually the shelter requires a fee to help cover their operating costs.
If non-traceable costs are not allocated to the various operating units within an organization who ends up paying these costs?
The organization would end up incurring the costs unless that organization has an allocated percentage within their contribution margin to cover such costs.
Cover the costs or cover the expenses?
To cover the cost
Does Allstate Insurance Company offer car repair insurance?
Depending on the coverage plan, Allstate Insurance can cover car repair costs. They can also cover rental car costs while your car is being repaired.
Should a firm continue to operate even when total revenue is not covering total cost?
Yes, if the firm is able to cover fixed costs and a portion of variable costs it should continue to operate. If it is not operating, it will still have its fixed costs but will not be able to cover it. So even if a firm is making losses, it is making less of a loss than if it were to temporarily shut down.
Does any Insurance cover the costs for a handicapped stair lift?
Health insurance will cover a portion of the purchase and installation costs, but you're on your own for maintenance costs.
What is the difference between non-profit and commercial recreation?
Non-profit is generally a public or government owned organization that offers a service to the community. Commercial recreation is generally a privately owned organization with the long-term intent of being profitable, and the money it receives must cover operating costs
What are payments to cover war costs?
reparations (:
If you were to be a plus certified what would your certification cover?
Hardware And Operating System
Why does it make sense for unprofitable firms to stay in business?
Sometimes an unprofitable firm will have a business unit that is profitable. Operating the other units will help cover the overhead costs, allowing the business to take care of their bills.
