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Romashka-Z-Leto [24]
2 years ago
6

In a perfectly competitive market, a firm operating in the long run is forced by competition to adjust its scale of operation:__

____.
Business
1 answer:
Radda [10]2 years ago
4 0

A company that operates over the long term in a perfectly competitive market is compelled by competition to change its scale of operation until average cost is minimized.

More about perfectly competitive market:

In a market structure known as perfect competition, numerous businesses sell comparable goods while making almost little profit because of the intense competition.

A market that is perfectly competitive is one in which all enterprises sell the same good and where there are no barriers to entry or leave. The existence of several enterprises and the homogeneity and uniformity of the products are essential elements of perfect competition.

Learn more about perfect competition here:

brainly.com/question/10931687

#SPJ4

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Usually, large-block shareholders are considered to be those shareholders with at least ____ percent of the firm's stock
Stells [14]
At least 5% of the firm's stock.
7 0
4 years ago
Suppose that Congress hears about how well you are doing in your economics courses and seeks your advice on creating some public
anygoal [31]

Answer:

As an economics student, the following suggestions can help address the issue of persistently high unemployment rate in the country. The appropriate suggestions are; an increase in government spending to assist the economy and offer more extensive unemployment benefits to alleviate the financial stress of job loss.

6 0
3 years ago
A business maintains subsidiary accounts for each of its customers. On May​ 15, the business provides services on​ account: $1,9
kipiarov [429]

Answer:

The answer to the following question is that the account receivables account would be debited by the $8100 and the service revenue account would be credited by $8100.

Explanation:

The given information -

Service provided to J. Anthony - $1900

Service provided to A.Martin - $4900

Service provided to S.Lee - $1300

JOURNAL ENTRY -

SN      Particular                         LF           Debit             Credit

1         Account receivables                     $8100

        a) J. Anthony - $1900

        b) A. Martin - $4900

        c)  S .Lee - $1300

      To Service revenue                                                      $8100

( Service provided to customers )

5 0
3 years ago
Among the best-known companies that use customer satisfaction surveys to evaluate service quality in various industries is:_____
belka [17]

Answer: a) J.D. Power and Associates

Explanation: As there is an undue emphasis on measuring objective output performance by companies and organizations, data is collected and analysed. This data helps measure customer satisfaction which is a major predictor of repurchase of products or services. However, customer satisfaction is to a greater extent, largely influenced by performance evaluations of product, of quality, and of value. J.D. Power and Associates, a marketing firm is well known among the best-known companies as one that uses customer satisfaction surveys to evaluate service quality in various industries. Through its automotive research, it collects consumer responses for a variety of surveys which it uses to award car models rankings.

3 0
3 years ago
TIME REMAINING
MAXImum [283]

Answer:

The Constitution

Explanation:

In the United States, Article I, Section 8 of the Constitution gives Congress the power to "lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States. This is also referred to as the "Taxing and Spending Clause."

3 0
3 years ago
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