subject
Business, 25.07.2019 19:00 tytybruce2

In the long run, a representative firm in a monopolistically competitive industry will end up multiple choice having an elasticity of demand that will be less than it was in the short run. having a larger number of competitors than it will in the short run. earning a normal profit, but not an economic profit. producing a level of output at which marginal cost and price are equal.

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 01:30, iamasia06
Claire wants to include animations in her presentation slides. which element of the presentation program’s interface will have the options for animation? claire should use the to include animations in her presentation slides.
Answers: 1
image
Business, 22.06.2019 04:10, Gillo34
An outside manufacturer has offered to produce 60,000 daks and ship them directly to andretti's customers. if andretti company accepts this offer, the facilities that it uses to produce daks would be idle; however, fixed manufacturing overhead costs would be reduced by 75%. because the outside manufacturer would pay for all shipping costs, the variable selling expenses would be only two-thirds of their present amount. what is andretti's avoidable cost per unit that it should compare to the price quoted by the outside manufacturer?
Answers: 3
image
Business, 22.06.2019 14:50, keishadawson
The following information is needed to reconcile the cash balance for gourmet catering services. * a deposit of $5,600 is in transit. * outstanding checks total $1,000. * the book balance is $6,400 at february 28, 2019. * the bookkeeper recorded a $1,800 check as $17,200 in payment of the current month's rent. * the bank balance at february 28, 2019 was $17,410. * a deposit of $400 was credited by the bank for $4,000. * a customer's check for $3,300 was returned for nonsufficient funds. * the bank service charge is $90. what was the adjusted book balance?
Answers: 1
image
Business, 22.06.2019 15:30, emilylizbeth12334
For a firm that uses the weighted average method of process costing, which of the following must be true? (a) physical units can be greater than or less than equivalent units. (b) physical units must be equal to equivalent units. (c) equivalent units must be greater than or equal to physical units. (d) physical units must be greater than or equal to equivalent units.
Answers: 1
You know the right answer?
In the long run, a representative firm in a monopolistically competitive industry will end up multip...

Questions in other subjects:

Konu
Health, 21.11.2020 05:00
Konu
Mathematics, 21.11.2020 05:00
Konu
Mathematics, 21.11.2020 05:00
Konu
Mathematics, 21.11.2020 05:00