Answer:
A). equal to marginal revenue.
Explanation:
A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
Price = marginal revenue = average revenue
You have to have permission from the owner and the banks to have part owner ship of anything and it can also be written out and signed from the owners them selfs.
Risk Management is<span> the process of identifying, analyzing and responding </span>to risk <span>factors throughout the life of a project and in the best interests of its objectives. Proper </span>risk management<span> will reduce not only the likelihood of an event occurring, but also the magnitude of its impact.</span>
Answer:
The definition of the problem is listed in the Clarification column elsewhere here.
Explanation:
- By implementing a collection talking things-through umbrellas that illuminate throughout the night, Raindrop will turn the said requirement into something like a desire.
- Needs represent situations of poverty as perceived.
- The marketing functions are to suit one's requirement, maybe with a should get for food, some rather than the need for IHOP cakes as well as McD's fries.
Is there a specific establishment?
