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Rashid [163]
3 years ago
5

The longdashrun supply curve in a perfectly competitive market states that​ _____. A. the longdashrun quantity remains the same

while the equilibrium price varies B. both the longdashrun quantity and the equilibrium price increase C. the longdashrun quantity can vary while the equilibrium price returns to the price at the minimum of the average total cost D. both the longdashrun quantity and the equilibrium price decrease.
Business
1 answer:
Leokris [45]3 years ago
5 0

Answer: Option C

           

Explanation: Perfect competition refers to a market structure under which there are large number of buyers and sellers each operating at a small level.

In such a market structure the supply curve is a horizontal line that depicts that whatever the quantity is the price will remain the same, that is,  at the equilibrium level.

This happens due to the fact that there are large of number of participants present and no individual have the power to affect the price.

Thus, the correct option is C.

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according to the international data corporation (idc), what is that crucial ability that will make cloud computing essential for
Fofino [41]

According to the International Data Corporation (IDC), the crucial ability that will make cloud computing essential for businesses to succeed, sustain, and compete in today’s markets is D. Data-driven decisions.

<h3>What are data-driven decisions?</h3>

A data-driven decision is the use of facts, metrics, and data to guide strategic business decisions to align with organizational future goals, objectives, and current initiatives.

Data-driven decisions enable organizations to observe real data and gain predictive insights, enabling the organization to achieve efficiency and effectiveness in its operations.

Thus, according to the International Data Corporation (IDC), the crucial ability that will make cloud computing essential for businesses to succeed, sustain, and compete in today’s markets is D. Data-driven decisions.

Learn more about data-driven decision-making at brainly.com/question/17651028

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4 0
1 year ago
The definition of ______ ______ states: highest level of management, consisting of the president and other key company executive
Juli2301 [7.4K]

The definition of supervisory management states the highest level of management, consisting of the president and other key company executives who develop strategic plans.

<h3>What is supervisory management?</h3>

Supervisors, within the context of business management, are those who keep an eye on the strategic direction of the company.

They are not bogged down with the operations or day-to-day activities of the company. Hence, the reason why they are called supervisory management.

Learn more about supervisory management at:

brainly.com/question/2954747

7 0
2 years ago
Problem 11-11 Calculating Operating Leverage [LO4] At an output level of 62,000 units, you calculate that the degree of operatin
Mandarinka [93]

Answer:

Percentage change in sales = [(Ending value - Beginning value) / Beginning value] * 100

Percentage change in sales = [($67,000 - $62,000) / $62,000] * 100

Percentage change in sales = 0.080645

Percentage change in sales = 8.0645%

Percentage change in OCF = Percentage change in sales * Degree of operating leverage

Percentage change in OCF = 8.0645% * 3.7

Percentage change in OCF = 29.84%

Will the new level of operating leverage be higher or lower?

As the sales increase, contribution margin will remain constant but operating margin percentage will rise. Therefore, this leads to fall in operating leverage.

3 0
3 years ago
Casino's frequently reach middle-range customers by:
Bond [772]
<span>The three main markets that casinos generally target are the: 1) low-end or Grind Players, 2) the middle-range players, and 3) the high-end players which include the Whales.Casino's frequently reach middle-range customers by using direct mail campaigns and news letters.</span>
6 0
3 years ago
Which of the following cannot be shown on a production possibilities graph?
choli [55]
I believe the answer is: <span>the allocation method

production possibilities graph could only include the factors that can be projected after doing combination of various products' production.
Allocation method only play role in the technique that can be used to produce the products and cannot be considered as data projection from the production

</span>
5 0
3 years ago
Read 2 more answers
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