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Marina86 [1]
3 years ago
7

In long-run equilibrium, a purely competitive firm will operate where price is:

Business
1 answer:
Anvisha [2.4K]3 years ago
4 0

Answer:

D. equal to MR, MC, and minimum ATC.

Explanation:

Long run equilibrium is the equilibrium of a perfect competitive market occurs, when there is the Marginal Revenue  is equal to the marginal cost and  average total cost of the company product. It is the sum of all the market short run supply curve's series. So the correct option is D. equal to MR, MC, and minimum ATC.

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Assume that the three beachfront parcels are sold to the people that you indicated in the previous section. Suppose that a few d
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Answer:

a) will

d) crystal

Explanation:

Please find the information needed to answer this question in the attached image

Willingness to pay is the highest amount a consumer would be willing to buy a product. If the price of the good is below the willingness to pay, the consumer would purchase the good.

The three beachfronts were sold to Alyssa, Tim and Brian.

The new sale of the beachfront at $535,000 would be sold to crystal because her willingness to pay ($550,000) is higher than the price of the beachfront.

the consumer surplus from the purchase would be $550,000 - $535,000 = $15,000

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If country a allocates more resources to producing capital goods than does country​ b
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If country A allocates more resources to producing capital goods than does country B so less consumption goods will be getting by company B but will have more in the future. In addition to macroeconomics, economics is the study of allocating limited resources in order to satisfy a list of unlimited wants. Economics tries to examine situations in which individuals choose how to do things, when to do things and with whom to do. 
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3 years ago
Read 2 more answers
Jamar Co. sold its headquarters building at a gain, and simultaneously leased back the building. The lease was reported as a fin
USPshnik [31]

Answer:

a deferred gain

Explanation:

Deferred gain occurs when the recipient of the proceeds or profits from a transaction do not collect it all upfront. Some of the gain is not collected now but deferred to some future time.

It is referred to as unrealised revenue and is represented on the balance sheet as a liability.

In the given scenario Jamar Co. sold its headquarters building at a gain, and simultaneously leased back the building. This means not all the gains from the sale are received now.

So this is a deferred gain.

6 0
3 years ago
A large hospital has an annual demand for 70.000 booklets on healthy eating. It cost ​$.75 to store one booklet for a​ year, and
Goryan [66]

Answer:

It will order 3,865 booklets

Explanation:

We need to use the formula for Economic Optimal Quantity

Q_{opt} = \sqrt{\frac{2DS}{H}}

Where:

D = annual demand

S= supply cost = ordering cost

H= Holding Cost

Q_{opt} = \sqrt{\frac{2*70,000*80}{.75}}

Q_{opt} =3,864.37

It will order 3,865 booklets

<u>How to Remember:</u>

Demand per year and order cost goes in the dividend.

Holding cost goes in the divisor.

6 0
3 years ago
On January 1, 2020 (the date of grant), Concord Corporation issues 2,300 shares of restricted stock to its executives. The fair
ioda

Answer:

Explanation:

Date. Description/Account. Debit. Credit.

1/1/2020. Unearned Compensation. $69,000

Paid - in Capital in Excess of Par. $69,000

Common stock. $10,000

12/31/2020 Compensation Expense. $23,000

Unearned Compensation. $23,000

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