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Tems11 [23]
1 year ago
12

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

SAT
1 answer:
DochEvi [55]1 year 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 is a factor of x2 8x – 48? (x – 6) (x 4) (x – 16) (x 12)
Olenka [21]
Just you know what that is but if I’m clearly about that question then I don’t know what to tell you and beside I don’t know the answer too
7 0
2 years ago
Which detail about the early days of a Tuskegee normal school appears only in this autobiography
vovangra [49]

Answer:

Washington was nervous about the school succeeding.

Explanation:

From the excerpt, the detail about the early days of a Tuskegee normal school that appears only in this autobiography is "Washington was nervous about the school succeeding."

This is evident when Washington stated that about three months after the school was opened they were having the GREATEST ANXIETY about their work. This implies that Washington and other staff were NERVOUS about the success of the school.

Option C "the original school burned down after it was opened" is not correct and there was nothing like that in that excerpt.

Option D "Washington wanted students to build the new school" is not correct either.

Option B " The school was moved to the site of an old plantation" was closer but not correct either. This is because it is not stated whether the school was eventually moved to the location. It was only stated that the location is what they wanted

4 0
2 years ago
Carlene is saving her money to buy a $500 desk. She deposits $400 into an account with an annual interest rate of 6% compounded
notka56 [123]

The time that Carlene would have to wait to buy the desk is 4 years.

<h3>How long would it take before Carlene can afford to buy the desk?</h3>

When an amount of money is compounded, it means that both the amount that was invested and the interest accrued earn interest.

The formula that can be used to determine the time is

N = log(FV / PV) / log(e) / interest rate

log(500 / 400) / log(e) / 0.06 = 3.71 years = 4 years

To learn more about how to determine time, please check: brainly.com/question/25760893

4 0
2 years ago
Which of the following is not an advantage of flexibility?.
juin [17]

Answer:

improved energy production

Explanation:

3 0
2 years ago
A construction crew cut down thousands of acres of forest to build apartment buildings. How might the food chain be disrupted du
Norma-Jean [14]

Answer:

A. The population of deer will have to find a new habitat.

Explanation:

Since ecosystem has had their fundamental source of food disrupted, inhabitants will have to move to find a new place to reside in.

5 0
2 years ago
Read 2 more answers
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