subject
Business, 13.12.2021 05:30 alexisss23

Question 1 (2 points) ✓ Saved Assume we are looking at a competitive market with identical firms. Which of the following will be true for the firms operating in the long run equilibrium? (select all that apply) firms will set an output level where marginal cost is equal to the market price there are likely to only be one or two firms in the market firms will make a profit that is at least as large as total costs firms will have both fixed and variable costs firms will be operating at the minimum of the average total cost curve

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 03:10
Jackson is preparing for his hearing before the federal communications commission (fcc) involving a complaint that was filed against him by the fcc regarding the interruption of radio frequency. the order to "cease and desist" using the radio frequency has had a detrimental impact on his business. once the administrative law judge prepares his or her initial order, jackson has no further options. no, jackson can request that the matter be reviewed by an agency board or commission. yes, once the initial order is presented, it's only a matter of time before the order becomes final.
Answers: 3
question
Business, 22.06.2019 12:50
Kyle and alyssa paid $1,000 and $4,000 in qualifying expenses for their two daughters jane and jill, respectively, to attend the university of california. jane is a sophomore and jill is a freshman. kyle and alyssa's agi is $135,000 and they file a joint return. what is their allowable american opportunity tax credit after the credit phase-out based on agi is taken into account?
Answers: 1
question
Business, 22.06.2019 19:40
Aprimary advantage of organizing economic activity within firms is thea. ability to coordinate highly complex tasks to allow for specialized division of labor. b. low administrative costs because of reduced bureaucracy. c. eradication of the principal-agent problem. d. high-powered incentive to work as salaried employees for an existing firm.
Answers: 1
question
Business, 22.06.2019 22:10
Consider the labor market for computer programmers. during the late 1990s, the value of the marginal product of all computer programmers increased dramatically. holding all else equal, what effect did this process have on the labor market for computer programmers? the equilibrium wagea. increased, and the equilibrium quantity of labor decreased. b. decreased, and the equilibrium quantity of labor increased. c. increased, and the equilibrium quantity of labor increased. d. decreased, and the equilibrium quantity of labor decreased.
Answers: 3
You know the right answer?
Question 1 (2 points) ✓ Saved Assume we are looking at a competitive market with identical firms. Wh...
Questions
question
Social Studies, 31.10.2019 20:31
Questions on the website: 13722367