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valentinak56 [21]
2 years ago
15

In the ________, the perfectly competitive firm will react to profits by ________

Business
1 answer:
ElenaW [278]2 years ago
8 0

In the long run, perfectly competitive firms will react to profits by increasing production.

Firms in a perfectly competitive world earn zero profit in the long run. While firms can earn accounting profits in the long run, they cannot earn economic profits.

In the long run, perfectly competitive firms will react to profits by decreasing production. CORRECT: In the long run, perfectly competitive firms will respond to losses by exiting the market. In the long run, perfectly competitive firms will respond to losses by reducing production.

A perfectly competitive market achieves long‐run equilibrium when all firms are earning zero economic profits and when the number of firms in the market is not changing.

In the long run, profits and losses are eliminated because an infinite number of firms are producing infinitely divisible, homogeneous products. Firms experience no barriers to entry and all consumers have perfect information.

Learn more about a perfectly competitive firm here: brainly.com/question/25327136

#SPJ4

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Government insurance that provides medical care and income to employees
stiv31 [10]

Answer:

Workmen Compensation

Explanation:

The insurance of government which provides the medical care aid and the income to the employees who get injured at the job is the workers compensation insurance covers .

It is that cost of rehabilitation and medical care for employees  injured at the place of job. It also compensates the employees for lost wages and give death benefits for their dependents.

6 0
3 years ago
External government debt is: Multiple Choice government debt owed to individuals in foreign countries. government debt owed by o
daser333 [38]

Answer:

The correct answer is option A (government debt owed to individuals in foreign countries).

Explanation:

  • This applies to interest earned from some kind of creditor or outside nation, this must be repaid throughout the commodity these were invested in.  
  • External debt may be collected through foreign banking institutions, from global banking organizations including the World Bank, respectively., as well as from sovereign governments.

Some other alternatives given don't apply to the cases in question. So answer A is a good one.

4 0
3 years ago
Which of the following assists companies in raising capital, advise firms on major transactions such as mergers or financial res
o-na [289]

Answer:

Investment banks.

Explanation:

Investment banking is the financial service described in the paragraph, could be a company or a division of it, dedicate it to give advisory about financial transactions, raising capital, even-though restructuring and mergers activities.

6 0
3 years ago
A company purchased 120 units for $ 20 each on January 31. It purchased 170 units for $ 30 each on February 28. It sold 170 unit
Zolol [24]

Answer:

$2,730

Explanation:

The computation of the Cost of Goods Sold is shown below:-

Cost of goods sold =  Purchase × Each Unit + (Sold units - Each unit) × Purchase units

= 120 units × $20 + 110 units × $30

= $2,400 + $330

= $2,730

Therefore we have calculated the cost of goods sold from First in the first-out method by applying the above formula.

4 0
3 years ago
35 Brainly points
pishuonlain [190]

Answer:

d

Explanation:

harassment is someone bothering so the only one is c, a is discrimination, b is the same as a, and d don't know

4 0
3 years ago
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