Firms producing an identical product in a competitive market are producing at an output level that maximizes profit. The current market price is $4.50 per unit, and the firms are producing at a long-run average cost of $5.00 per unit. Over the long run, one should expect

1. gar principles or "the principles"are intended to do what?

Zoe would like to be able to save for night courses at the local college. which of these would be a good way for zoe to make more money available for savings without dramatically changing her budget? economía

Fortress international, a large conglomerate, procures a few component parts from external suppliers and also manufactures some of the key raw materials in its own subsidiaries. aside from this, the company does not solely depend on outside distributors to reach its customers. in fact, it has its own retail stores to distribute its products. in this scenario, which of the following alternatives to vertical integration is fortress international applying? a. concentric integration b. taper integration c. horizontal integration d. conglomerate integration