1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Diane, a police officer, stops Tim's car for a traffic offense. While talking to Tim, she shines a flashlight into the passenger
kati45 [8]

Answer:

Diane may search the passenger compartment of the car and any place else in the car, including the trunk, without Tim's consent. ⇒ TRUE

Explanation:

The Fourth Amendment of the Constitution protects people against illegal searches, seizures and warrants, but there are exceptions to this amendment:

  1. consensual searches: if the person is OK with the police officer searching his/her belongings
  2. brief investigatory stops: when the police officer is suspicious about a crime being committed
  3. searches incident to a valid arrest: if the police officer is arresting someone, he/she is allowed to search him
  4. seizures of items in plain view: if property is in plain view, the police officer does not need a warrant. ⇒ this exception applies to this case.
4 0
3 years ago
Rubio recently invested $20,000 (tax basis) in purchasing a limited partnership interest. His at-risk amount is $15,000. In addi
Sindrei [870]

Answer:

Please see attachment .

Explanation:

Please see attachment .

7 0
3 years ago
What is the relationship between the alpha level, the size of the critical region, and the risk of a type i error?
quester [9]
Alpha level is a probability value that is used to define the concept of "very unlikely" in a hypothesis. This value determines he boundaries for the critical region, which is composed of the extreme sample values that are very unlikely to be obtained if the null hypothesis is true. Type I error is <span>when a researcher rejects a true null hypothesis.</span>
The relationship between the alpha level, the size of the critical region, and the risk of a type i error is the following: when the alpha level increases, the critical region increases and type I error increases.
4 0
3 years ago
Mary jo spends $2,180 to buy stock in two companies. she pays $23 a share to one of the companies and $20 a share to the other.
Dahasolnce [82]
20was 40times. 23was 60times
5 0
3 years ago
An all-equity firm has a return on assets of 15.3 percent. The firm is considering converting to a debt-equity ratio of 0.30. Th
Elina [12.6K]

Answer:

re 17.4600%

Explanation:

We will calculate using the Modigliani Miller proposition with no taxes to solve for the cost of equity of a levered firm

r_e = r_u + (r_r - r_b) \frac{B}{S}\\where:\\r_e= $cost of equity\\r_b= $cost of debt\\r_u= $return on assets\\B/S = Debt to Equity

We plus our values into the formula and solve

r_e = 0.153+ (0.153 - 0.081)0.3

re 17.4600%

8 0
3 years ago
Other questions:
  • Can you point out some differenced between welfare definition and scarcity and choice
    8·1 answer
  • Sally's spice store sells a variety of spices and healthy cooking ingredients. which targeting method should sally choose if she
    10·1 answer
  • Cantrell company is required by law to collect and remit sales taxes to the state. if cantrell has $8,000 of cash sales that are
    13·2 answers
  • An llc offers personal liability protection while also keeping the advantage of __________.
    14·1 answer
  • John worked 43 hours last week. His hourly rate is $9.00. He has the following deductions taken from his pay: Social Security ta
    11·1 answer
  • The required sales in units to achieve a target net income is:___________ (sales target net income)
    13·1 answer
  • The author of the excerpt, Frederick Lynch, claims that even though AARP has been successful in blocking efforts to ___( privati
    5·1 answer
  • The following information is available for a company’s maintenance cost over the last seven months.
    5·1 answer
  • Michonne Corp.'s Free Cash Flow (FCF) for the most recent year (year 0) is $730 (million). FCF is expected to grow by 14% next y
    13·1 answer
  • For product costs associated with a particular product to be reported on the income statement: Group of answer choices The produ
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!