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SCORPION-xisa [38]
3 years ago
10

Why are suppliers in purely competitive markets efficient

Business
1 answer:
Lisa [10]3 years ago
8 0

Answer: because it forces firms to achieve maximum efficiency (productive and allocative efficiency). Requires that goods be produced in the least costly way. Firms are forced to produce at the minimum average total cost in the long run.

Explanation:

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Kenya sells her 20% partnership interest having a $28,000 basis to Ebony for $50,000 cash At the time of the sale, the partnersh
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Answer:

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4 0
4 years ago
It has been about 10 years since the BP oil spill that rocked the Gulf of Mexico. BP has launched a number of campaigns to reest
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Answer:

environmental monitoring

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7 0
3 years ago
When Scott says, “Human resources is one of the most important things we do in our business,” what is he referring to?
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6 0
3 years ago
he following is a partially completed lower section of a departmental expense allocation spreadsheet for Brickland. It reports t
deff fn [24]

Answer:

$7,000

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The 20 number of purchase orders is come from

= 16 + 4

= 20

We simply applied the above formula

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3 years ago
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