Freedom of exit from the industry means the perfect competitor can move to a different industry and dispose of his equipment at a market price, less depreciation. True False

Tex-House builds and sells houses for $200,000 each.  The firms fixed costs are $3,000,000.  50 houses are built and sold each year. Profits total about $2,000,000.  The firm estimates that it can change its production process by adding 4,000,000 to investment and $1,000,000 to fixed costs.  This would reduce variable costs by $30,000 and increase output by 30 units.  To permit sales of the new output, prices would have to be lowered by $20,000 per unit.  Should the firm make the change? At the new production level, what price would make profits equal zero? Will the new production situation expose the firm to more or less risk?

please,don't provied handwriting solution.

The CFO of Axis Manufacturing is evaluating the introduction of a new product. The costs of a recently completed marketing study for the new product and the possible increase in the sales of a related product made by Axis are best described (respectively) as follows: a. Opportunity cost b. Depreciation cost c. Sunk cost

The filing of a 10-K and an annual report are required by the Securities and Exchange Commission. Failure to do so can result in civil penalties levied against the corporation. Group of answer choices True False

Chegg Home Expert Q&A My solutions Student question Time Left: 00:09:47 What savings might be achieved and what problems might be faced with mergers or acquisitions? (7 marks)