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Tems11 [23]
2 years ago
12

In long-run equilibrium, the perfectly competitive firm earns __________ economic profits.

SAT
1 answer:
DochEvi [55]2 years ago
3 0

In perfectly competitive markets, firms in the market in the long-run, will earn zero economic profits.

<h3>What economic profits are earned in a perfectly competitive market?</h3>

In the short-run, there is a chance to earn a positive economic profit in a perfectly competitive market but this would then attract other companies into the market to make profits as well.

This then leads to the profits disappearing thanks to increased supply and lower prices. Companies would then leave and enter to either take advantage of profits or stop losses thereby keeping economic profits at zero in the long run.

Find out more on perfectly competitive markets at brainly.com/question/15712381

#SPJ1

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Which of the following best describes how henry uses persuasive language in paragraph 3?
Schach [20]

England is known for their monarchial system of government. Patrick Henry use persuasive language in the passage when;

  • He appeals to emotion by asserting that his proposal is the only way to avoid enslavement by the British monarchy.
  • He appeals to logic by asking his audience to look back at history for evidence of how the British government is likely to act towards them in the future.

The classical argument is known to consist of different parts. The order are;

  • Exordium: This is the introduction, opening, or hook
  • Narratio: This is known as the context or background of the topic
  • Proposito and Partitio: This is known as the claim or the argument etc.

In the passage, Henry engages his audience by paying them respect. He acknowledge, recognizes and praise the patriotism and abilities of the other members of the Convention.

Learn more about this Passage from

brainly.com/question/11993288

7 0
2 years ago
One advantage of taking an active role in your orientation is that you will be able to _____.
AveGali [126]
Know and learn more about your new school or program. It may help you meet more people. 
8 0
3 years ago
Read 2 more answers
The image produced by an object is –10. 0 cm from a concave mirror that has a focal length of 5. 0 cm. The distance of the objec
Anon25 [30]

The distance of the object from the mirror is 3cm.

To calculate the distance of the object from the mirror, we make use of the mirror formula

<h3>Mirror formula</h3>
  • 1/f = (1/u)+(1/v)............ Equation 1

Where:

  • f = Focal length of the mirror
  • v = image distance
  • u = object distance.

Using the real is positive convention,

Given:

  • f = 5 cm
  • v = -10 cm

Substitute these values into equation 1 and solve for u

  • 1/5 = (-1/10)+(1/u)
  • 1/5+(1/10) = 1/u
  • 1/u = (2+1)/10
  • 1/u = 3/10
  • u = 10/3
  • u = 3.33
  • u = 3 cm

Hence, The distance of the object from the mirror is 3cm.

Learn more about mirror formula here: brainly.com/question/26257987

7 0
2 years ago
patient has been eating healthy foods, but her respiratory system is not working as well as it usually does. Can this patient st
Kaylis [27]

Answer:

i hope this is helpful..

Explanation:

a patient has been eating healthy foods, but her respiratory system is not working as well as it usually does. ... Yes, her body can get everything it needs for energy from molecules in food. No, her respiratory system does not have enough oxygen to combine together to release energy.

8 0
3 years ago
Jacob has one older brother and one younger sister. He wants to explain relative dating to them using their ages as an example.
Naily [24]

Answer:

Jacob is younger than his brother, but older than his sister.

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3 years ago
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