subject
Business, 07.04.2020 19:40 peytontanner

Suppose the wholesale market for corn is a perfectly competitive market, and all firms in the corn industry are profit-maximizing firms. Consider that the market is in short-run equilibrium. Which of the following statements are correctChoose one or more: A. All firms selling corn must have the same marginal cost, regardless of each firm's cost structure. B. Firms that choose not to sell in this market must be earning exactly zero profit. C. Total costs for each firm in the market may be different. D. All firms in the market must be making either positive profits, or exactly zero profit. E. All firms in the market must be earning identical profits.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 01:50
Which statement below best describes george waring's approach to solving the problems of water-borne illness? a. waring is going with his "gut," because he believes that instincts and emotions are the best guides for action. b. waring efficiently and thoroughly lays out the case for why the problems are too large and overwhelming to be solved: people should just move out of cities back to their farms. c. waring has gathered the testimonies of people who live in densely populated areas in order to learn how they themselves have solved their problems. d. waring exhibits the industrial age's increased respect for and reliance on science and the scientific method.
Answers: 1
question
Business, 22.06.2019 02:20
The following information is available for juno company for the month ending june 30, 2019. * balance as per the bank statement is $ 11 comma 000. * balance as per books is $ 10 comma 400. * check #506 for $ 1 comma 200 and check #510 for $ 900 were not shown on the june 30, bank statement. * a deposit in transit of $ 3 comma 346 had not been received by the bank when the bank statement was generated. * a bank debit memo indicated an nsf check for $ 70 written by jane smith to juno company on june 13. * a bank credit memo indicated a note collected by the bank of $ 1 comma 900 and interest revenue of $ 51 on june 20. * the bank statement indicated service charges of $ 35. what is the adjusted book balance?
Answers: 3
question
Business, 22.06.2019 03:00
If you were running a company, what are at least two things you could do to improve its productivity.
Answers: 1
question
Business, 22.06.2019 14:50
Pear co.’s income statement for the year ended december 31, as prepared by pear’s controller, reported income before taxes of $125,000. the auditor questioned the following amounts that had been included in income before taxes: equity in earnings of cinn co. $ 40,000 dividends received from cinn 8,000 adjustments to profits of prior years for arithmetical errors in depreciation (35,000) pear owns 40% of cinn’s common stock, and no acquisition differentials are relevant. pear’s december 31 income statement should report income before taxes of
Answers: 3
You know the right answer?
Suppose the wholesale market for corn is a perfectly competitive market, and all firms in the corn i...
Questions
question
Advanced Placement (AP), 15.07.2019 02:30
question
Mathematics, 15.07.2019 02:30
Questions on the website: 13722360