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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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List the four stages of ability development. Provide an example of a person developing a specific ability. What would each stage
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<span>Jean Piaget was a Swiss philosopher and psychologist who introduced a theory of cognitive development like Sigmund Freud Jean thought human development can be described in stages (of course leaving the sexuality part of Freud out). The stages are:
</span>Sensorimotor. Birth through ages 18-24 months (Explorer)

Preoperational. Toddler-hood (18-24 months) through early youth (age 7) 
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3 years ago
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The only skill required of managerial accountants is that they have a solid knowledge of both financial and managerial accountin
slava [35]

Answer:

It's false

Explanation:

8 0
2 years ago
Over the last four years, a stock has had an arithmetic average return of 8.8 percent. Three of those four years produced return
m_a_m_a [10]

Answer:

Geometric Average return = 7.83%

Explanation:

First we need to find the missing value of data using Arithmetic mean formula

Arithmetic Mean = Sum of value / No of values

8.8% = Sum of Values / 4

Sum of Values = 8.8% x 4

Sum Values = 35.2%

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35.20% - 16.3% - 10.2%-(14.1%) = 22.80%

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6 0
3 years ago
Only 3 days after the attacks of 9-11, Northwestern Mutual began providing death benefits to surviving families of the first res
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Answer:

Empathy

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Other insurance companies however did not empathise with their customers and only paid death benefits some months to a year.

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3 years ago
The gaps model is designed to highlight those areas where
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The phrase the best completes the statement is "the gap between customer expectation and actual services provided are identified." It is a tool and a method of service quality which are most commonly used by a product manager. It assesses the quality of service delivery from the client's expectations.
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