Suppose a perfectly competitive firm faces the following situation: P = $9, output = 4,000, ATC = $8, AVC = $6, and MC = $9. How can someone determine whether this firm's market is productively efficient?a. It is not in equilibrium because MC = AVC = P = ATC at long-run equilibrium. b. It is in equilibrium because MC = P = AVC = ATC at long-run equilibrium. c. It is in equilibrium because MC = P = MR = SRATC at long-run equilibrium. d. It is not in equilibrium because MC = ATC = MR = P at long-run equilibrium

Describe a real or made-up but possible example of a situation where an employee faces a conflict of interest. explain at least two things the company could do to make sure the employee won't be tempted into unethical behavior by that conflict of interest. (3.0 points)

What business practice contributed most to andrew carnegie’s ability to form a monopoly?

As a result of a labeling mistake at the chemical factory, a farmer accidentally sprays weedkiller rather than fertilizer on half her land. as a result, she loses half of her productive farmland. if the property of diminishing returns applies to all factors of production, she should expect to seea. a decrease in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. b. an increase in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. c. an increase in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor. d. a decrease in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor.