1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Arturiano [62]
1 year ago
9

If firms are earning zero economic profits, they must be producing at an output level at which Group of answer choices price equ

als marginal cost. price equals average total cost. price equals average variable cost. marginal revenue equals marginal cost.
Business
1 answer:
Helen [10]1 year ago
8 0

The corporation makes no money if the price it receives forces it to produce at a level where average cost equals price, which happens at the minimum point of the AC curve.

<h3>What happens if there are no economic gains?</h3>

Normal profit is also referred to as "zero economic profit" since a business will be in a state of normal profit when its economic profit is equal to zero. When all resources are being used effectively and cannot be employed more effectively elsewhere, normal profit arises.

<h3>Why Do Competitor Companies Maintain Their Existence If They Make No Profit?</h3>

Total revenue less total costs = profit. All of the firm's opportunity expenses are included in the total cost. In the zero-profit equilibrium, the company's revenue covers the owners' time and financial outlays to maintain the operation.

learn more about firms are earning zero economic profits here

<u>brainly.com/question/14369137</u>

#SPJ4

You might be interested in
Which one of the following is a means by which shareholders can replace company management? Multiple Choice Stock options Promot
Katena32 [7]

Answer:

Proxy Fight

Explanation:

Proxy fight refers to that scenario wherein a group of shareholders coming together so as to gain more shareholder proxies and thus gain majority of the votes.

In such cases, outsiders convince the existing shareholders of a corporation to vote against the management and thus collectively lead to it's replacement.

This represents one of the common means of corporate takeover.

Disgruntled shareholders may unite against a management decision or any sort of oppressive policies by such means, usurp the existing management and appoint their own preferred candidates as their replacement.

5 0
3 years ago
Veronica recently accepted a job with a reputed bank as an internal auditor. she found that her job was quite different from her
posledela
Don't know the answer

6 0
3 years ago
you have your first meeting with the main client contact next week. It is very important that the meeting is productive and goes
Evgesh-ka [11]

Answer: There are many points that should be clear in the head before one has meeting with the client. Some of them are discussed here.

Explanation:

1: Objective must be very clear: The main aim or objective of the meeting should be very clear to the speaker and it should be made clear to the listener( client)

2:The meeting should not take much time: The time take by the speaker to make the client understand the facts should be less and precise. It should take much time.

3: The facts and data should be crisp and clear: The data and analysis part should be made clear before presenting it to client  to avoid any confusion during the meeting.

4: Meeting  Etiquette should be followed properly: The ground level manners and etiquette must be followed during the meeting.

8 0
2 years ago
Today’s savings accounts do not offer interest rates much higher than 1%. How does this impact the power of compounding?
kap26 [50]
Sorry need picture you need picture so I can solve
3 0
2 years ago
Two Acme Global workers got into an argument about whose turn it was to clean up the work station. The argument escalated into a
cestrela7 [59]

Answer:

Uniform in Application part of the OUCH test

Explanation:

The OUCH test is a rule of thumb used when contemplating actions to be taken in a workplace. Each letter words stands for

O = objective

U = uniform in application

C = consistent in effect

H = has job relatedness.

It is used very often in employment. In this case, the manager deciding to punish one for more days (4 days suspension) than the other (2 days suspension) indicates that the manager violated the Uniform in application part of the OUCH test. If the manager had suspended them for the same number of days, he wouldn't have violated that.

7 0
3 years ago
Other questions:
  • Security A and Security B have similar risks. However, Security A has a higher rate of return than Security B. The return on Sec
    5·1 answer
  • Question 17
    10·1 answer
  • Which of the following policies should a country implement in an economic downturn to avoid a Paradox of Thrift?
    6·1 answer
  • Walter receives cash of $18,000 and land with a fair market value of $75,000 (adjusted basis of $50,000) in a current distributi
    5·1 answer
  • With respect to the 4ps and marketing research which technique is out of place:_______
    11·1 answer
  • Prior to 2005, it seemed like house prices always rose and never fell. When the demand for housing increases, prices in the hous
    5·1 answer
  • Conduct an interview with a person in a management position at a consumer services-related organization. Central question: what
    6·1 answer
  • An outward shift in the production possibilities curve of an economy can be caused by an increase in A. unemployment B. the labo
    9·1 answer
  • A consumer charges a $2,530. 16 purchase on their credit card. The card has a daily interest rate of 0. 42%. If the consumer pay
    11·1 answer
  • The use of the Certified Public Accountant title is regulated by Question content area bottom Part 1 A. state law through the li
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!