Answer: Option (A) is correct.
Explanation:
Correct Option: A.supply whatever amount consumers demand at a price determined by the minimum point on the typical firm's average total cost curve.
In the long run, equilibrium price of a perfectly competitive firm implies that there is no economic profit for the firm. This situation occur when the marginal cost is equal to the average total cost.
The firm is break even when the price is equal to the minimum point of average total cost of the firm. So, there is no possibility of economic profit for the firm.
Answer:
correct, you could be accused of plagerism
Answer: it can fluctuate depending on price or proformence you want
Explanation:
I think the business practices is simply dangerous.
Time safari brings their customers to travels throughout time to the period when dinosaurs still exist and provide hunting exppeditions there.
This expose the business to many potential hazard/lawsuit and not an appropriate business idea even if it's possible in our time.
Answer: Subsequent events
Explanation:
Reviewing transactions is what gives accountability in organization, without this organizations would not know when they are running at a loss or making gains. The best time to do this is at the end of yearly transactions, the procedure required to verify this transactions are referred to as subsequent events, meaning events that happened as time went on.
This act is carried out most times by auditors