Business, 16.03.2020 19:12 trinidydavis
Consider a perfectly competitive market in which each firm's short-run total cost function is C 81 +9q+q2, where q is the number of units of output produced. The associated marginal cost curve is MC = 9 + 2q. In the short run each firm is willing to supply a positive amount of output at any price above S 9 (Enter your response as a real number rounded to two decimal places.) If the market price is $27, each fim will produce 9 units in the short-run. (Enter your response as a real number rounded to one decimal place.) Each firm earns a profit of S 0. (Enter your response as a real number rounded to two decimal places, and use a negative sign if the firm has a loss rather than a profit) In the long run, firms will neither enter nor exit the industry Suppose the short-run cost function given above [C 81+9q+q is the one that all firms would use in the long-run, because the corresponding SAC curve is tangent to the LAC curve at the minimum point on the LAC curve. In the long run, each firm will produceunits. (Enter your response as a real number rounded to one decimal place.)
Answers: 3
Business, 21.06.2019 20:00
Jorge is a manager at starbucks. his operational plan includes achieving annual sales of $4,000,000 for his store. with only one month left to end of the fiscal year, jorge realizes that he won't reach his annual sales goal. what are his options?
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Business, 22.06.2019 07:10
In a team environment, a coordinator is? a person with expert knowledge or skills in a particular area the team needs. a good listener who works to resolve social problems among teammates. a leader who team members focus on their tasks. a good networker who likes to explore new ideas and possiblities.
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Business, 22.06.2019 09:50
Is exploiting a distinctive competence or improving efficiency for competitive advantage. (a) cooptation (b) coalition (c) competitive intelligence (d) competitive aggression (e) smoothing
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Business, 22.06.2019 11:00
The role of the credit department includes: a. evaluating customers' credit applications to determine whether they meet the company's approval standards. b. approving all credit applications in order to avoid losing sales. c. collecting cash from customers. d. following unwritten approval standards for processing customers' credit applications.
Answers: 2
Consider a perfectly competitive market in which each firm's short-run total cost function is C 81 +...
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