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trasher [3.6K]
3 years ago
14

When a perfectly competitive firm is in long-run equilibrium, the firm is:

Business
1 answer:
8090 [49]3 years ago
7 0

Answer:

D) producing at minimum long-run average total cost.

Explanation:

In long run equilibrium for a perfectly competitive firm, Price = MC = Minimum ATC.

<em />

<em>The long-run equilibrium point for a perfectly competitive market occurs where the demand curve (price) intersects the marginal cost (MC) curve and the minimum point of the average cost (AC) curve. </em>

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Ending cash balance is shown on which of the following financial statements?
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Answer:

B

Explanation:

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The balance sheet and Statement of Cash Flows are financial statements that companies issue to report their financial performance

The Statement of Cash Flowst shows the amount of cash and cash equivalents coming in and going out in the company. 

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3 years ago
The dean of a school of business is forecasting total student enrollment for this year's summer session classes based on the fol
Fiesta28 [93]

Answer:

I used an Excel spreadsheet to calculate R² which gives us the least squares trend. See attached image.

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3 years ago
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ivanzaharov [21]

Answer:

The correct answer is E

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