Answer: <u>"b. Price is greater than long-run average cost."</u> is NOT characteristic of long-run equilibrium for a perfectly competitive firm.
Explanation: In the long term the company will produce the output level at which long-run average cost is at its minimum.
Where the price is equal to the long-run marginal cost and the long-run average cost.
Answer:
B) MBO
Explanation:
An MBO is a secondary vocational education program carried out in the Netherlands. It lasts for four years and its courses go from assistant training, basic vocational training, professional training and finally middle-management training. It is basically the dutch equivalent of technical college, since you start the MBO when you are around 18 years old. After you complete your MBO you can continue your college education.
The MBO covers a lot of professions but it is basically hands on training, since between 20 -60% of the time is practical training (they work as someone else's assistant or trainee).
Isabella is her boss's trainee and since she is about to graduate, she must start training 2 new assistants.
The answer to this question is Response
Response is the action that taken by company after experiencing a certain stimulus from the situation in the market.
In this case, zecola response the action taken by its competitor in order to maintain it's positioning in the market
Answer: Option (A) is correct.
Explanation:
An event planner or meeting planner is an individual who is responsible for bringing together every individual implicated in producing a get-together, incentive, special event. This individual understands the intent of the task, or organization's rationale. This requires working with a diverse range of people within the organization, also resources that are considered as external.
The answer is C. Increased demand