Executives are making output and pricing decisions

Reference no: EM13314722

For many corporations such as utility companies, a major portion of the cost of production is fixed in the short run. Should these very large fixed costs be ignored when the executives are making output and pricing decisions? Why?

Reference no: EM13314722

Questions Cloud

Risk perception : Which of the following is NOT true of risk perception?

Describe the characteristics of the market structure : Choose a real life example of a firm that you think is part of an oligopoly market and describe the characteristics of the market structure that explain why the firm would be classified as such.

Risk management includes remedial action but not prevention : Part of risk assessment is having scientific certainty that an agent or activity causes harm before action is taken to limit exposure. Risk management includes remedial action but not prevention.

Risk management : Which of the following is NOT true of risk management?

Executives are making output and pricing decisions : For many corporations such as utility companies, a major portion of the cost of production is fixed in the short run. Should these very large fixed costs be ignored when the executives are making output and pricing decisions? Why?

Recommend two digital tools for collaboration : Recommend two digital tools for collaboration and explain their benefits. Include the URL for each tool.

Assume you are an instructor of freshman composition : Assume you are an instructor of Freshman Composition 101. Provide two reasons students need to document sources.

An existing two-lane highway : An existing two-lane highway between two cities is to be converted to a four-lane divided freeway. The distance between them is 10 miles. The average daily traffic on the new freeway is forecast to average 20,000 vehicles per day over the next 20 yea..

Criminal justice system : In recent years dozens of convicted murders on death row were freed at the last minute because DNA evidence proved that they had not committed the crime. Does this prove that justice does work in the American criminal justice system, or is it a sign ..

User Account

All Pages