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For a firm to operate in the shortrun the total revenue must at least be equal to Why?
A firm would still operate if revenues are below total coots, but not if revenues are below variable costs.
The reason is that as long as revenues are above variable costs, the firm will earn a difference to contribute to the fixed costs (fixed costs are costs that a company has to pay in the short-run whether it operates or not). If the firm stops operating in the short-run, it will have to pay for the full fixed costs (e.g., rent, some fixed labour)
If revenues are below variable costs, for every unit of production, the company loses the difference and does not contribute to the fixed costs. It is more economical to shutdown in the short-run.
What else can I help you with?
How does the Farmers Home Administration operate?
The applications are reviewed and approved by a local committee that is composed of three people, at least two of which must be farmers. The money for the loans and grants made by the administration come from appropriations from Congress
How much to you have to earn in order to contribute to Roth IRA?
You need to have taxable income at least equal to the amount you contribute to your Roth IRA. If you contribute $5,000, but have only $4,000 in taxable income, you need to pay taxes on $1,000 excess contribution.
Which is the least liquid asset?
inventory is our least liquid asset.
Can you re-fi your primary home after losing an investment property to forclosure?
Yes. You will need to have at least a 620 credit score, and it has to be at least 3 years after the forclosure. Yes. You will need to have at least a 620 credit score, and it has to be at least 3 years after the forclosure.
What is required to get an instant cash advance?
You must have had your current job or benefits for at least three months. Have a valid checking or savings account for at least three months. a Monthly net income of at least $1000.
Which of these is the least complicated to operate?
Any of the hard-top cleaners will be relatively simple to operate.
Least revenue NFL team in 2009?
Minnesota Vikings are ranked 32, the worst.
What is the major source of revenue for most state governments?
Most state governments depend on at least one the following: sales tax, and income tax. 48 out of 50 states have at least one of those two in place, and derive the large majority of their revenue from them.
In Florida how old must a person be to operate a personal water craft?
A person must be at least 14 years of age to operate a PWC in Florida.
How old must you be to operate pwc in Washington?
You must be at least age 12 and have a Washington Boater Education Card to operate a power water craft of 15hp or greater. If age 12 and you don't have that card, then you may operate the boat under the supervision of another person who is at least age 16 AND has that Washington Boater Education Card.
Does an isosceles have 2 equal angles if it has 2 equal sides?
An isosceles triangle will have (at least) 2 equal angles if it has (at least) 2 equal side. All three sides and angles can be equal and is a special case of an isosceles triangle calle an equilateral triangle.
What licenses are needed to operate slot machines in Las Vegas?
none, you just have to be at least 21.
What should you do before starting an inboard gasonline engine?
Operate the blower for at least four minutes
What should you do before starting indoor gasoline endine?
operate the blower for at least four minutes
What is the maximum speed can operate a PWC within 100 ft of shore?
at least 50 feet
What age can you operate a boat in Georgia with an adult?
In Georgia, individuals who are at least 12 years old can operate a boat if they are accompanied by a responsible adult who is at least 18 years old. However, those under 12 cannot operate a boat on their own. Additionally, all operators born on or after January 1, 1998, must complete a state-approved boating safety course to operate a vessel without adult supervision.
What kind of triangle has at least two sides of equal length?
A triangle with at least two sides of equal length is called an isosceles triangle.
