Answers: 2
Business, 21.06.2019 14:20
Suppose that each firm in a competitive industry has the following costs: total cost: tc=50+12q2tc=50+12q2 marginal cost: mc=qmc=q where qq is an individual firm's quantity produced. the market demand curve for this product is: demand qd=160β4pqd=160β4p where pp is the price and qq is the total quantity of the good. each firm's fixed cost is.
Answers: 3
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 01:20
Erp has all the following advantages except: modules throughout a corporation can communicate with each other while purchasing is difficult, the vendors such as sap make it worthwhile due to easy implementation have predefined software that represents "pretty good practices" or even "best practices" enables standardized procedures in an organization reduces inconsistent data stored in various locations of the organization
Answers: 3
Can I buy 100 stocks?β...
Advanced Placement (AP), 15.12.2020 19:50
Mathematics, 15.12.2020 19:50
Chemistry, 15.12.2020 19:50
Physics, 15.12.2020 19:50
Mathematics, 15.12.2020 19:50
Mathematics, 15.12.2020 19:50
Mathematics, 15.12.2020 19:50
Mathematics, 15.12.2020 19:50
World Languages, 15.12.2020 19:50
Mathematics, 15.12.2020 19:50