2019 2018 Accounts Receivable $ 5,495 $ 5,200 Allowance for Doubtful Accounts (335) (340) Accounts Receivable, Net of Allowance $ 5,160 $ 4,860 Net Sales (assume all on credit) $ 42,000 $ 40,500 Required: Determine the receivables turnover ratio and days to collect for 2019. Do the measures calculated in requirement 1 represent an improvement (or deterioration) in receivables turnover, compared to 2018, when the turnover was 9.8

Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact thatmr=mc at the optimal quantity for each firm. furthermore, a monopolistically competitive firm's average total cost in long-run equilibrium isless than the minimum average total cost. true or false: this indicates that there is a markup on marginal cost in the market for engines. true false monopolistic competition may also be socially inefficient because there are too many or too few firms in the market. the presence of the externality implies that there is too little entry of new firms in the market.