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aleksklad [387]
3 years ago
12

In the long run for a competitive firm,

Business
1 answer:
Andrei [34K]3 years ago
8 0

Answer:

The correct answer is letter "C": the firm is at the bottom of its short run average cost curve.

Explanation:

Competitive firms are companies that accept the equilibrium price of a given good or service within a market. If they try to raise the price, they will not be able to sell their products. It is said that <em>in the long term a competitive firm is at the bottom of its short-run average cost curve because it portraits the most efficient level of production</em>. That curve shows the optimal least-cost input combination for producing output.

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Laura smiles as her employees file into the meeting room of the small vet clinic for their weekly staff meeting. Laura has owned
zaharov [31]

Answer:

Adjourning

Explanation:

The adjourning is the stage where the team would be disperse when the project is finished

As in the given situation, since Laura's team has completed the project and they are moved to the other responsibilities

So as per the given situation, the team development represent the adjourning stage

hence, the same is relevant and considered too.

5 0
3 years ago
Which is not true of birthday and/or annual review automatics?a. the purpose is to trigger a telephone call for a face-to-face m
Musya8 [376]

Answer: b. Quarterly automatic contacts decrease cross-sales and lead to reduced referrals

Explanation:

During the annual review of business considering automatics it is observed that there is always a decrease in cross sales and these leads to a reduce in referrals.

When these happens, clients who raise offer for referrals drop interest.

8 0
3 years ago
This type of file is created when you save your word processing document.
rosijanka [135]
I believe the answer is data
5 0
3 years ago
Read 2 more answers
Daniel has decided to open his own bakery using locally sourced ingredients and supplies. He provides income and jobs to local s
exis [7]

Answer: The invisible hand

Explanation: Invisible hand can be defined as those unobservable market forces which helps the forces of demand and supply to reach to an equilibrium level.

In the given case, Daniel is giving work to local suppliers and jobs to residents as well as producing demand in the market by its products, thus, we can conclude that the given case is an example of invisible hand.

5 0
3 years ago
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What are operating expenses?
skad [1K]

Answer:

see below

Explanation:

Operating expenses are the cost a business incurs while engaging in its normal business operations. They are the costs not directly be attached to the production process. A business incurs operating expenses in managing it day to day activities. They exclude one time expenses such as judgment cost,  accounts adjustments, and other non-recurring costs.

Operating expenses are classified into administrative, selling, and general expenses. Businesses cannot avoid operating expenses; hence the management should strive to keep them as low as possible. Examples of operating expenses include rent, salaries,  employee benefits, transport,  depreciation, repairs, taxes, sales commissions, amortization, and pension contributions.

3 0
3 years ago
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