The long run will see the supply curve of a completive firm changing to the b. portion of the marginal-cost curve that lies above the average-total-cost curve.
<h3>What is the long-run supply curve in a perfect competition?</h3>
In a perfect competition, a company will only produce goods and services at a level where the marginal cost curve is above the average total cost in the long run.
This means that the supply curve will be the marginal cost curve but only the portion of this curve that is above the long-run average total cost curve.
The reason for this is that in the long-run., all the costs in a perfectly competitive firm are considered variable and so they can afford to avoid supply mishaps in the short term.
In conclusion, option B is correct.
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Answer: c) investment opportunities with superior returns.
Explanation:
Answer:
2. Begin with a grid divided into squares.
Explanation:
This is a best approach because it allows for accuracy/precision. To successfully indicate the increase in customer satisfaction on a line chart, before anything else having grid divided into squares makes it easy for her to setup her scale for the two months customer satisfaction data.
After completing this phase, then she could proceed further with the drawing of line chart; which should indicate the rate of change in customer satisfaction on the vertical axis.
Answer:
Advantage #1: A flexible schedule – both in terms of when and where you work. ...
Advantage #3: It's exciting and fulfilling. ...
Advantage #4: The salary makes sense. ...
Disadvantage #1: You wear a lot of hats. ...
Disadvantage #2: You are always at work.
Explanation: