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Why should a firm continue to operate under a short-run period when TR is greater than VC but less than TC?
The firm should continue to operate when
Marginal Revenue (MR) >= Variable Cost (VC = MC)
Because it is still making a structural profit per unit, which indicates an economic profit is being made. When making optimal production decisions, one should not include sunk costs, including plant investment, which cause TC >= VC. While the firm will be operating at a loss, it is still achieving a positive cost-benefit outcome.
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Is a comma used after Inc in a sentence?
There is not a comma after Inc but there is a period then you continue the sentence. It should look like this- Inc.
Which factor would be greater - the present value of 1 for 10 periods at 8 percent per period or the future value of 1 for 10 periods at 8 percent per period?
THe factors are the same
Is 0.541 greater than 53 percent?
Yes it is. To transfer a decimal into a percent, you must get rid of the 0 and move the period two spots to the right. So 0.541 becomes 54.1%. And obviously 54.1% is greater than 53%.
Does the period of a pendulum increase or decrease on Moon?
The period of a pendulum (for short swings) is about 2 PI (L/g)1/2. The gravity on the moon is less than that on Earth by a factor of six, so the period of the pendulum on the moon would be greater, i.e. slower, by about a factor of 2.5.
Cash Reiepts from customers are greater than sales revenues when what happens?
That means that there were larger purchases on credit for that period, there would be a corresponding increase in assets or expenses. Or, it could mean that oustanding payables from the previous period were not paid and are now overdue. It also means that the company has increased cash flow requirements for the following period.
