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dezoksy [38]
3 years ago
11

Which of the following is NOT a characteristic of long-run equilibrium for a perfectly competitive firm? Select one:

Business
1 answer:
adelina 88 [10]3 years ago
3 0

Answer: <u>"b. Price is greater than long-run average cost."</u> is NOT characteristic of long-run equilibrium for a perfectly competitive firm.

Explanation: In the long term the company will produce the output level at which long-run average cost is at its minimum.

Where the price is equal to the long-run marginal cost and the long-run average cost.

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If you were selecting from a variety of forecasting models based on MAD, which of the following MAD values from the same data wo
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Answer:C

Explanation:

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In 2001, puerto rico enacted a law that requires specific labels on cement sold in puerto rico and imposes fines for any violati
Nataly_w [17]

The Dormant Commerce Clause is not found in the Constitution, however, it allows the US federal government to regulate commerce within the states, US territories, and international commerce. Therefore, When any state law contrasts with the Commerce Clause, the dormant commerce clause takes effect. Now in this situation, Puerto Rico is restrained from enforcing any laws concerning commerce, since it is still under "US territories, the control to exercise such is left to the US government. So, based on this facts, I will say YES the Puerto Rican law broke the dormant commerce clause. Puerto Rico as a US territory does not have the power to regulate the cement labels because this law concerns commerce.

7 0
3 years ago
Although labor is typically viewed as a variable cost in the very short run, some labor costs may be fixed. Which of the followi
marissa [1.9K]

Answer: C. A salaried manager who has a three-year employment contract

Explanation: Fixed costs are costs that remain the same for a long period of time, fixed costs do not vary easily they are the same over a long run, mostly constant through out the contract period or throughout the life of the business entity.

Variable costs are costs which vary from time to time, labor costs such as hourly payment for employees or worker they are paid according to the hours they put it.

the salaried manager receives the same salary over a long period of time which can be up to three years as the option clearly stated.

7 0
3 years ago
Suppose that with a budget of $130, Deborah spends $78 on sushi and $52 on bagels when sushi costs $2 per piece and bagels cost
STatiana [176]

Her budget is $130

If she buys the sushi and bagels before the price drops, she will spend

exactly $130.

If she buys the sushi and bagels after the price drops, she will spend $100.

If she buys it together, her price will be $230

Idk if thats what your asking because there is no question

-IronWolfX

4 0
3 years ago
You're telling your boyfriend about your classes for the new semester. He is very interested and intrigued by the idea of becomi
fredd [130]

Answer: False.

Explanation:

Fraud examination and forensic accounting as a career is not only restricted to government employment alone: a fraud investigator and forensic accountant can also work in an insurance companies to investigate damages payment claims, and also they can be employed by companies to ensure no financial abnormalities are going on in their firm.

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3 years ago
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