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Helga [31]
3 years ago
9

only a monopolistically competitive firm operates at its efficient scale. both a perfectly competitive firm and a monopolistical

ly competitive firm operate at their efficient scale of production. neither a competitive firm nor a monopolistically competitive firm charges a markup over marginal cost. only a perfectly competitive firm operates at its efficient scale.
Business
1 answer:
irinina [24]3 years ago
3 0

Answer:

Correct Answer:

only a monopolistically competitive firm operates at its efficient scale.

Explanation:

In a given market, a given organization or firm could operate either in a monpolistically competitive or perfectively competitive at its efficient scale. However, in the long run, only a monopolistically competitive firm operates at its efficient scale.

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If a firm has high current and quick ratios, this always is a good indication that a firm is managing its liquidity position wel
ohaa [14]

Answer:

True

Explanation:

Current and Quick ratio shows the liquidity position of the company. It shows that how much assets are available to company to pay off its liabilities if it becomes due in short period of time. High current and quick ratio make the company strong and it will have enough asset to deal with its obligation than with low current and quick ratio.

4 0
3 years ago
Which of the following statements is correct? Revenue is recognized at the time of shipment when goods are shipped FOB destinati
allochka39001 [22]

Answer:

The correct answer to the following question will be Option C.

Explanation:

  • The buyers, as well as sellers, must negotiate an understanding as to who is capable of paying certain transport costs and also who, whenever the item is delivered, assumes the default risk throughout transportation.
  • A seller reports compensation whenever the purchaser has the transition of titles as well as ownership uncertainties.

The other three options are not related to a certain scenario. So that option C is the right answer.

7 0
3 years ago
A company found that an experienced surveyor can survey a roadbed in 33 hours. an apprentice surveyor needs 88 hours to survey t
UkoKoshka [18]
<span>1/33 + 1/88 = 1/X 264(1/33 + 1/88) = 264(1/X) 8 + 3 = 264x 264/11 = 24 X = 24 hours You add the 2 amounts from both workers. Then you multiply both sides of the equation by 264 to get a common denominator. Then solve for x for the answer of 24 hours.</span>
4 0
3 years ago
Complementary goods have a _______________ cross-price elasticity: as the price of one good increases, the demand for the second
Maru [420]

Answer:

negative

Explanation:

Complementary goods have a negative cross-price elasticity because the increase in price of one tends to a weak or fall in consumer demand of the second. For instance, a hike in petrol will lead to a  decrease in consumer demand for cars thereby giving rise to alternatives to these goods (most likely, there would be a surge in subway or rail patronage)

5 0
2 years ago
What factors contribute to commerce
Burka [1]

Different factors contribute to commerce including the export and import of a country, their ease of doing business  and their own situation in the market.

Explanation:

The factors that affect commerce are the ones that dictate the face of a given market. if the market is considered easy to trade in then the commerce is supposed to be easy and smooth flowing

This is hampered by laws and the import and export tariffs of a country. The more inviting these are the more commerce happens in a place.

It also depends on how many businesses are able to function in the setup and the more businesses there are the more commerce happens in the end.

3 0
2 years ago
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