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trasher [3.6K]
2 years ago
14

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

Business
1 answer:
8090 [49]2 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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You are working with an experienced Customer Service Representative to board a busy flight on a tight timeline. You notice that
Hitman42 [59]

If your team member has worked here much longer than you then the situation can be handled by calling your team attention to the dangers attached to not following the safety rules in a calm and friendly way.

<h3> Who is customer service representative?</h3>

Customer service Representative relates directly with customers, they ensure they are comfortable when they come to them by providing necessary service the customer will need and also ensure good sales.

The rep should handle the situation by pointing their attention to the danger attached to not following the safety rules in a very friendly manner and could also have a superior informed that could help guide them.

Therefore,

If your team member has worked here much longer than you then the situation can be handled by calling your team attention to the dangers attached to not following the safety rules in a calm and friendly way.

Learn more on customer service below

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6 0
1 year ago
From an economic perspective, when consumers leave a fast-food restaurant because the lines to be served are too long, they have
Dmitry_Shevchenko [17]

Answer:

the marginal cost of waiting is greater than the marginal benefit

Explanation:

Marginal cost is the additional cost as a result of carrying out a particular activity.

Marginal benefit is the additional benefits that accrue to an individual for carrying out an activity

It is assumed that human beings are rational, utility maximisers. They would not continue to carry out an activity if the marginal cost is greater than the benefit

7 0
2 years ago
Which of the following is a similarity between an industrial metrologist and a legal metrologist?
avanturin [10]

Answer:

is a

Explanation:

5 0
2 years ago
Gilbert is an independent consultant who helps organizations select the right accounting software for their needs. After evaluat
tester [92]

Answer:

The principle of the Software Engineering Code of Ethics that Gilbert violated is:

Judgement (as related to full disclosure of personal involvement).

Explanation:

Gilbert is required by the Judgement Principle to "disclose those conflicts of interest that cannot reasonably be avoided or escaped."  Since Gilbert professionally believes that the software meets specifications, secures documents, and satisfies user requirements, it is not quite apparent if he violated any principle.  However, he could have informed his client of his personal interest in the software and also presented other software packages of other companies from which the client could make its independent choice.

8 0
2 years ago
Paul's Landscaping purchased $500 of office supplies on credit. The company's policy is to initially record prepaid and unearned
sattari [20]

Answer:

(C) Debit Office supplies, $500; credit Accounts payable, $500

Explanation:

Businesses maintain the office supplies inventory of supplies and record the supplies purchased into this account and expense it afterward with the usage of inventory. In this question offices supplies purchased will be debited to office supplies account. As it is purchased on account so it will be credited to account payable account to make a liability against the transaction.

6 0
3 years ago
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