IBM should never sell its product for less than it costs to produce. If costs to produce
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 54% (11 reviews)
As long as price is above the minimum level of average variable cost IBM is better off ...View the full answer
Answered By
ANDREW KIPRUTO
Academic Writing Expert
I have over 7 years of research and application experience. I am trained and licensed to provide expertise in IT information, computer sciences related topics and other units like chemistry, Business, law, biology, biochemistry, and genetics. I'm a network and IT admin with +8 years of experience in all kind of environments.
I can help you in the following areas:
Networking
- Ethernet, Wireless Airmax and 802.11, fiber networks on GPON/GEPON and WDM
- Protocols and IP Services: VLANs, LACP, ACLs, VPNs, OSPF, BGP, RADIUS, PPPoE, DNS, Proxies, SNMP
- Vendors: MikroTik, Ubiquiti, Cisco, Juniper, HP, Dell, DrayTek, SMC, Zyxel, Furukawa Electric, and many more
- Monitoring Systems: PRTG, Zabbix, Whatsup Gold, TheDude, RRDtoo
Always available for new projects! Contact me for any inquiries
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Microeconomics Theory and Applications
ISBN: 978-1118758878
12th edition
Authors: Edgar K. Browning, Mark A. Zupan
Question Posted:
Students also viewed these Economics questions
-
The marginal costs, average variable costs (AVC), and average total costs (ATC) for a firm are shown in Figure 13P-2. In the figure, mark the quantity the firm will choose to produce in the short run...
-
If both marginal cost and the average variable cost curves are U-shaped, at the point of minimum average variable cost the marginal cost must select one: a. less than the average variable cost...
-
If the short- run marginal and average variable cost curves for a competitive firm are given by SMC = 2 + 4Q and AVC = 2 + 2Q, how many units of output will it produce at a market price of 0? At what...
-
Which of these groups has the higher priority? b) -COH or CNH2 a) -CH3 or -CH,CH3 c) -CH;CH,CH3 d) -CH-CH CH3 or -C=N or -CH;CH,CH,CH3 CH3 e) -CHCH3 or
-
Present a seven-item checklist for a retailer to use with its reverse logistics.
-
A horizontal cylindrical drum is 2.00m in diameter and 4.00 m long. The drum is slowly filled with benzene (density = 0.879g/cm3). Derive a formula for W, the weight in Newton's of the benzene in the...
-
Visit the website www.nielsen.com and choose one of the reports published. Write a brief analysis of the findings and solutions presented by the report.
-
As of December 31, 2015, its first year in business, Kukui Company had taxable temporary differences totaling $110,000. Of this total, $45,000 relates to current items. Kukui also had deductible...
-
Connectifi Solutions is a recently launched small company, providing WiFi installation services to businesses. You have been hired by Connectifi as an engineer. Your boss is seeking your input on the...
-
Your organization has decided to move forward with the audit of EarthWear Clothiers. As lead auditor, you will select one of EarthWear Clothiers business objectives and create an audit plan of their...
-
How can consumers of apartments in Atlanta have a downward-sloping demand curve for apartments, and yet each Atlanta rental property owner face a horizontal demand curve?
-
In Table 9.1, suppose that variable input prices increase by 50 percent. Will the firms profit-maximizing output level change? Illustrate your answer with a graph.
-
What items do you need to journalize the closing entries? Include office supplies and forms as well as any information that will be needed.
-
There are 800 consumers in an economy that each have the same utility function given by U(c, l) = 32c^1/2(24l)^2 where c is their consumption and l is the number of hours they spend for leisure. A...
-
Carson Trucking is considering whether to expand its regional service center in Mohab, UT. The expansion requires the expenditure of $10,500,000 on new service equipment and would generate annual net...
-
Based on discussions with the local organizing committee and Cincinnati government officials, you determine that: Great American Ball Park seats 42,059. The game was sold out. The city sales tax is...
-
If a bicycle costs $170 today, a razor scooter costs $30 today, and a bike helmet costs $20 today, assuming inflation of prices will be at a rate of 11% per year for the next 13 years, how much will...
-
The company i have is Cole Group Limited. The competitors are Woolworths, Metcash and Endeavour. the ratios are Current Ratio, P/E, Roa and ROE i do not know how to go about this assignment. 4.3 4.4...
-
According to liberals, why does the Environmental Protection Agency exist? How does it fit into their policy suggestions about pollution?
-
(a) Water flows through the nozzle of a garden hose. Find an expression for m in terms of line pressure P 1 , ambient pressure P 2 , inside hose diameter D 1 , and nozzle outlet diameter D 2 . Assume...
-
Nair Corp. enters into a contract with a customer to build an apartment building for \($1\),000,000. The customer hopes to rent apartments at the beginning of the school year and provides a...
-
Show that with a constant returns to scale production function, the MRTS between labor and capital depends only on the K/L ratio and not on the scale of production?
-
Prove Euler's theorem that, if f(L, K) is homogeneous of degree ( (see Exercise 5.7), then L((f/(L) + K((f/(K) = (((L, K). Given this result, what can you conclude if a production function has...
-
For the CES production function q = (aL( + [1 - a]K()d/(, does (APL/(L have an unambiguous sign?
-
write a presentation about a caf. -agenda -survey -presentation -staff, customer feedback add pictures
-
Consider the graphs of the following lines. y = y = 3 - -x+ 2 3x 5 Ex + 5 2 Find the slope m of each each line. y = + m = 2 y = -x+ m2= Are the graphs of these lines perpendicular, parallel, or...
-
Use composition to verify if the given pairs are inverses of each other. 41. f(x)=3x+6 8(x) = 1 -2 3 x-2 42. f(x)=-2x+4 8(x)=x- x+2 2
Study smarter with the SolutionInn App