Answers: 1
Business, 22.06.2019 21:10
Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.
Answers: 3
Business, 23.06.2019 05:30
When conducting a swot analysis, information about turnover, profit margins, and staff quality can be used to identify:
Answers: 2
Business, 23.06.2019 08:30
The hypothetical country of eurica is experiencing severe competition to its domestic auto industry in the form of foreign imports. many jobs are threatened. eurica places a 25 percent tariff on the price of imported cars. this type of tariff is known as a(n) tariff.
Answers: 1
Business, 23.06.2019 23:30
For effective internal control, employees maintaining the accounts receivable subsidiary ledger should not also approve a. cash disbursements. b. employee overtime wages. c. credit granted to customers. d. write-offs of customer accounts.
Answers: 3
You work for Amazon and you are charged with building consumer awareness for the latest version of t...
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