Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
PaulKet PaulKet
wrote...
Go to Answer
Posts: 488
Rep: 6 0
6 years ago
Suppose the estimated fixed cost of Christmas trees business is $7,000 and not sunk. The estimated variable cost for each tree is $20. According to the forecast, the market price for Christmas trees is $25 each and the owner could sell 1000 trees at most each year. In the long run, the owner
A) should shut down.
B) should keep operating.
C) should sell less.
D) None of the above.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
Read 65 times
2 Replies
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
Replies
Answer verified by a subject expert
unExpectedunExpected
wrote...
#1
Posts: 267
Rep: 21 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1
* Majoring in business & math

Related Topics

PaulKet Author
wrote...
#2
5 years ago
A Plus Slight Smile
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1015 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 150
  
 15167
  
 89
Your Opinion
Who's your favorite biologist?
Votes: 586
Previous poll results: How often do you eat-out per week?