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.
The basis for Tamara's response should be: A. The nursing code of ethics and the hospital's employee handbook.
<h3>Who is a nurse?</h3>
A nurse refers to an expert (professional) who has been trained in a medical facility and licensed to provide health care for sick people (clients) and perform routine checks on them, as well as some medical instruments in a health facility such as an hospital.
<h3>What is a code of ethics?</h3>
A code of ethics can be defined as a set of rules, agreed behaviors, ideals, norms, accepted practices, and responsibilities set aside for the members of a group or business organization such as in hospitals.
This ultimately implies that, a code of ethics is a strategic policy that explicitly outlines the principles, ideals, and standard which the members and other third parties acting on behalf of a group or business organization must always adhere to in all circumstances.
In this context, we can reasonably infer and logically deduce that the basis for Tamara's response about end-of-life options should be the nursing code of ethics and the hospital's employee handbook.
Read more on code of ethics here: brainly.com/question/28101898
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Answer:
$5,026
Explanation:
Year 1 Year 2 Year 3
Cash flows 1,000 2,000 3,000
Discount factor 1/1.08 1/(1.08)^2 1/(1.08)^3
Discount Factor= .93 .86 .79
Cash flows*discount factor
1000*.93 2000*.86 3000*.79
Net present value of cash flows
930 1,715 2,381
930+1715+2381=5,026 is the maximum amount one can pay for this investment
Answer:
C. Statement of the organization's purpose
Explanation:
A mission statement is what defines the purpose or value of an organization. It define the questions like why business does the business exist and its scope of operation.
Mission statement is also a long term strategic goals of an organization, which aim to identify company's core customers, identify the products and services to be sold and also share the location of the company.
The benefits of mission statement is to communicate the reason for being in business to investors and customers. It is also a process of affirmation in which a firm differentiate itself from competitors.
