All categories

8 months ago

A perfectly competitive firm will be willing to produce even at a loss in the short run, as long as?

1 answer:

6 0

A perfectly competitive firm will be willing to produce even at a loss in the short run, as long as the loss is no greater than its total variable costs.

Variable costs are expenses that vary in proportion to the volume of goods or services that a business produces. A variable cost is an ongoing cost that changes in value according to factors like sales revenue and output. Variable costs include labor, raw materials, etc.

Variable costs are costs that change as the volume changes. Examples of variable costs are raw materials, piece-rate labor, production supplies, commissions, delivery costs, packaging supplies, and credit card fees.

learn more about Variable costs here

brainly.com/question/13896920

#SPJ4

You might be interested in

In his 1935 book, Harold Laswell described politics as "Who Gets What When How." The American concept of pluralism, or group pol

KatRina [158]

Answer:

D) influencing decisions affecting one's life.

Explanation:

Pluralism is an American theory of governance that states that political power is controlled by several groups of people and not the citizens as a whole. These several groups of people constitute organizations, activists, environmentalists, and other impactful groups who seek recognition and acceptance from the populace and who make decisions that affect the citizens. One attribute of Pluralism is the fact that no single elite or groups of elites control decision making in governance.

The groups of people have powers that are limited in scope and regulated by competition with other groups. Moreso, these groups seek approval from the populace and that is why opinion polls, surveys, elections, etc., are carried out in order to ascertain which entities are more popular with the people.

4 0

3 years ago

The pursuit and accumulation of wealth is a core feature of the modern world. Yet throughout history man has expressed criticism

Scilla [17]

Answer:

As discussed below.

Explanation:

The pursuit and accumulation of wealth is no doubt a core feature of the modern world, as man does business for-profit motives and the formation of certain organizations and companies like the global, international, transnational and multinationals.

Thus has also been criticized as each and every investment has various risks associated with it.

The fact there exists some cautions and concerns about the accumulation of private property, privately owned lands and the space that they gather for the single individual as the case of various frauds and fugitives openly roaming in the market causing loss or dissolution of a financial asset of the government.

4 0

3 years ago

Prove you know what diminishing marginal utility is by creating an example of your own. Your example

valentina_108 [34]

Hi there, I'm not answering this question, sorry.

Your task clearly states you must think of your own example and prove what you know. That's why.

Please, if you're coming onto the <em>Brainly</em> website, at least improve your questions.

6 0

3 years ago

A merger where one company purchases another as a way to reduce competition, is an example of a type of market activity that gov

DIA [1.3K]

Answer:

B) antitrust laws

Explanation:

Antitrust laws refer to the laws with respect to the competition and it is established by the U.S government. The motive of this to secure the consumers from that business practices who are dealing in predatory and if this law does not exist then the consumers would not gain i.e from the competition arise in the market place

Therefore according to the given situation, when the government passes the law against so this reflect the antitrust laws

6 0

3 years ago

When managers are flexible, creative and willing to learn from mistakes, they are addressing which aspect of emerging public iss

defon

Managers are handling complexity when they are adaptable, imaginative, and prepared to learn from mistakes.

Describe complexity.

According to the scientific theory of complexity, certain systems exhibit behavioral traits that are utterly outside the scope of any traditional examination of the system's component pieces. These phenomena, also known as emergent behavior, appear to be present in a variety of complex living organism-based systems, such as the stock market and the human brain. For instance, according to complexity theorists, a stock market crash is an emergent result of the activities of several individual investors on a complex financial system, just as human awareness is an emergent characteristic of a complex network of neurons in the brain.

to know more about complexity

brainly.com/question/4667958

#SPJ4

6 0

1 year ago