Answer:
(i)New firms will enter the market.
(iii)In the long run, all firms will be producing at their efficient scale
Explanation:
A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market price is set by the forces of demand and supply.
If firms are earning positive profits, in the long run new firms would enter into the industry and this woold drive positive profits to zero. As a result , firms would be operating at the efficient scale.
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The stage in a work-unit activity analysis that focuses on the product, information, or service provided is the output phase, This is further explained below.
<h3>What is the output phase?</h3>
Generally, the output phase is simply defined as manufacturing or output in general.
In conclusion, The final deliverable is defined. The method of measuring the output is investigated.
Read more about the output phase,
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Answer
1, 2018. Accounts payable Br. 23,100 Land Br. 90,000 Accounts receivables 52,000 Notes payable 100,900 Building 54,800
Explanation:
Here are five of the most advantageous soft skills for IT help desk technicians:<span>Critical Thinking. Oftentimes, help desk technicians have flow charts or predefined procedures they can follow to resolve known problems. ...Written Communication. ...Active Listening. ...Verbal Communication. ...Conflict Resolution.</span>
Explanation:
The statement is true.
Corporate responsibility is a concept that is no longer justified merely as a means for companies to exercise altruism, but rather as a means of achieving competitive advantage.
The concept emerged in the 70's as a means that companies should also act as transformers of society, that is, they should actively contribute to the reduction of ethical, legal, social and environmental problems, in order to adopt positive posture and actions. and beneficial to society.
In the information age, the relationship of the individual with organizations has evolved, and society is more charged for companies to exercise corporate governance, based on transparency and ethical and legal principles.
It must be performed at all organizational levels, and understand the external organizational environment, in compliance with legal and ethical standards.
The benefits from the practice of corporate responsibility are many, and exert strategic character that translate into competitive advantages, the company's image is strengthened, the perception of stakeholders increases, there is increased investment in the company, the compliance of organizational practices lead to improvement. continuous and others.
