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Iteru [2.4K]
3 years ago
13

In order to continue operating, in the long-run a firm must a. ​Charge a price equal to its AVC b. ​Charge a price equal to its

AFC c. ​Charge a price equal to its AC d. ​None of the above
Business
1 answer:
Marina CMI [18]3 years ago
7 0

Answer:

The answer is option A)

In order to continue operating, in the long-run a firm must A) ​Charge a price equal to its AVC

Explanation:

In order to continue operating, in the long-run a firm must charge a price equal to its Average Variable cost AVC.

This is because, a long run is a period of time in which all factors of production and costs are variable.

Over the long run, a firm will search for the production technology that allows it to produce the desired level of output at the lowest cost. If a company is not producing at its lowest cost possible, it may lose market share to competitors that are able to produce and sell at minimum cost.

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Five types of groups serve as watchdogs to monitor how well companies enforce their ethical and social responsibility policies.
vivado [14]

One of the groups that is responsible for monitoring of how well a company enforces ethics and social responsibility is:

  • Socially conscious investors

<h3>What are Ethics Watchdogs</h3>

This refers to the groups who are in charge of monitoring to the extent to which companies use to monitor how ethics and social responsibility is enforced.

With this in mind, we can see that one of these groups is the socially conscious investors.

Read more about ethics watchdogs here:
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3 0
2 years ago
In a gdss, the _______ is generally the decision maker
Naddik [55]
<span>In a gdss, the USER is generally the decision maker.

GDSS (</span><span>Group Decision Support System) is a type of computer software which could analyze your data and create various choices to support your decision-making process.
The software will only give the user various <em>choices. </em>As for the Final decision , the users must be able to  determine which choice that would be best for their organization</span>
3 0
3 years ago
Fiscal policy is: Select one:
Nadya [2.5K]

Answer:

d. more effective in dealing with real shocks than aggregate demand shocks.

Explanation:

Fiscal policy are more effective in dealing with real policy shocks than the monetary policy. The correct answer is d. more effective in dealing with real shocks than aggregate demand shocks.

7 0
3 years ago
Which qualifications are needed for a Logistics Planning and Management career? Select all that apply.
bulgar [2K]

Answer:

The qualifications needed for a Logistic Planning and Management career are:

a) research skills and understanding of the product's supply chain

b) critical thinking skills

c) math and reasoning skills

d) knowledge of hazard regulations to provide safety training

Explanation:

Logistic Planning and Management involves planning.  Planning requires some level of research skills and understanding of the product's supply chain.  Since logistics contribute value and growth to an organization by ensuring availability of production materials, warehousing, and transportation of finished goods, critical thinking is also needed.  To determine the best delivery routes and achieve cost-effective packaging of goods, maths and reasoning skills would be deployed.  This makes this skill very important.  The manager will also need to measure, analyse, and improvise at any time.  This requirements calls for math and reasoning skills as well.

Finally, the knowledge of hazard regulations will aid the manager to provide safety training to those involved in logistics handling, including the drivers that would deliver goods to customers.

5 0
4 years ago
Which sentences in this paragraph describe two government policies that liberalize the economy? The government of a country obse
ehidna [41]
<span>(C) "In addition, it introduces a policy to provide free education to all children up to grade 10." This step is aimed at producing more skilled labor. I hope this helps you! <3</span>
6 0
3 years ago
Read 2 more answers
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