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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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nirvana33 [79]

An opportunity fee of the metropolis of Alpharetta's choice to construct the gateway and green way tasks: adopted in 2015, the plan proposes a series of small parks and inexperienced spaces that connect to each different, and could help make Downtown Alpharetta amusing.

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Alpharetta is a city in Georgia with a population of 66,566. Alpharetta is in Fulton County and is one of the best locations to stay in Georgia. dwelling in Alpharetta gives citizens a dense suburban feel and maximum citizens very own their houses. In Alpharetta, there are a whole lot of restaurants, espresso stores, and parks. Alpharetta is now Georgia's twelfth most populous town, boasts some of the great schools in the USA, and is understood far and extensive because of the generation metropolis of the South because of the huge quantity of tech-focused organizations that call Alpharetta home.

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8 0
1 year ago
Why might an improvement team consider collecting balancing measures?
Tanzania [10]

The reason an improvement team would consider collecting balancing measures is "to make sure they didn't unintentionally introduce undesired changes."

This is based on the idea that is balancing measures are information gathered that reveals the details of a health system to make sure an improvement in one aspect is not having adverse effects in another area.

The purpose of an improvement team is to make sure there is a true and right improvement that has no negative effect in any way.

Hence, in this case, it is concluded that the role of the improvement team is vital health care system.

Learn more here: brainly.com/question/15841155

7 0
3 years ago
How does a fixed exchange rate set the value for a currency?
olasank [31]

Answer:

A. By setting it at a specific value based on another currency

Explanation:

3 0
3 years ago
Production 54,000 units 60,000 units Machine-hours 985 hours 1,800 hours Fixed overhead costs for September $53,400 $90,000 The
Juli2301 [7.4K]

Answer:

The fixed overhead production-volume variance is $9,000 U

Explanation:

In this question, we are tasked with calculating the fixed overhead production-volume variance.

We start by calculating the fixed overhead applied to production.

mathematically that is equal to : 54,000 * 0.03 * 50 = 81,000

The budgeted fixed overhead = 90,000

Mathematically,

Fixed overhead production-volume variance = Budgeted fixed overhead - fixed overhead applied to production = 90,000 - 81,000 = $9,000 U

6 0
3 years ago
Patsy’s home has been on the market for five weeks, and two brokers had buyers who were ready to make offers. If Patsy accepted
shutvik [7]

Answer: open listing

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Open listing simply refers to situation whereby a property owner uses several real estate agents when he or she wants to sell a property so that there will be many potential buyers.

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