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scoray [572]
3 years ago
5

In a market with 1,000 identical firms, the short-run market supply is the

Business
1 answer:
kompoz [17]3 years ago
8 0

Answer: Option(a) is correct.

Explanation:

Correct Option : Marginal cost curve above average variable cost for a typical firm in the market.

In a market of perfect competition, the shutdown price of the firms will be minimum point of average variable cost. So, there is supply of goods by the firms if the price is equal or above the shutdown point of the firm.

Therefore, the supply curve of the firm is the above part of the MC curve from the minimum point of average variable cost.

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The cost system best suited to industries that manufacture a large number of identical units of commodities on a continuous basi
ValentinkaMS [17]

Answer:

Process Costing

Explanation:

Process Costing allows so many units to be in production at the same time which are identical. The cost of each unit can be determined by calculating the average price using to total units produced.

7 0
4 years ago
In addition to earning a bachelor's degree in education, what else do teacher candidates need to do in order to be eligible for
Contact [7]

Answer:

A. pass a series of state tests

Explanation:

After a student has graduated from college and they have their bachelor's degree, they need to then pass some state tests to show they know their subject area to get their teaching certificate. Hope this helps please give brainliest!

7 0
4 years ago
Suppose that a business incurred implicit costs of $500,000 and explicit costs of $5 million in a specific year. If the firm sol
Nesterboy [21]

Answer: d.) profits were zero and its economic losses were $500,000.

Explanation:

8 0
3 years ago
Longley Trucking is issuing a 20-year bond with a $2,000 face value tomorrow. The issue is to pay an 8% coupon rate, because tha
Katen [24]

Answer:

Longly will receive $1,817.43 from selling the bond.

Explanation:

As the coupon rate is 8%; we have annual coupon payment = 2,000 x 8% = $160.

The price of the bond Longly will receive is equal to the present value of 20 annual coupon payment plus the present value of $2,000 face value repayment in 20 years time; with the two streams of cash flow discounting at the market rate at the date of issuing 9%; which is calculated as:

[ ( 160/9%) x [ 1 - 1.09^(-20) ] ] + ( 2,000 / 1.09^20 ) = $1,817.43.

So, the answer is $1,817.43.

7 0
3 years ago
What makes a good leader
Fittoniya [83]

Answer:

A good leader is someone who is willing to hold up their own issues to help others. Another example of a good leader is someone who always tries to help no matter what.

8 0
3 years ago
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