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Katyanochek1 [597]
3 years ago
15

When the firms in the industry are just able to cover their cost of production, economic profit is zero. Therefore, if demand fa

lls, causing prices to go down even a little bit, economic profits will be negative in the long run.True/False
Business
1 answer:
egoroff_w [7]3 years ago
7 0

Answer:false

Explanation:

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Which of the following nations is not one of the three members of the North American Free Trade Agreement (NAFTA)?
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His decision on what price to charge and how much to produce in the long run will be A. based on optimal plant size determinatio
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Answer: A. based on optimal plant size determination based on cost minimization

Explanation:

The information given isn't complete as there are some diagrams attached which I saw online.

Based on the information gotten, the decision on the price to charge and the quantity to produce in the long run will be based on optimal plant size determination based on cost minimization.

It should be noted that the quantity of goods produced in the long run, and the price that'll be charged will depends on optimal size of the plant. In the long, there can be an alteration of the plant size and therefore, the output and price will be determined by the optimal plant size.

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In 3 or 4 sentences, explain how increasing the money supply can result in economic growth.
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3 years ago
________ is the process of planning, organizing, directing, and controlling an organization's financial, physical, human, and in
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<u>Answer:</u> C. Management

<u>Explanation:</u>

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Which of the following is NOT one of the four characteristics of IPOs that puzzle financial economists? Select one: a. The long-
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Answer:

A

Explanation:

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