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wel
3 years ago
11

Consider a perfectly competitive industry initially in the long-run equilibrium. If all firms in the industry are required to ad

opt costly antipollution devices, the long-run effects would be that the firms would be earning ______________ and the industry will be producing ______________ amounts of output.
Business
1 answer:
beks73 [17]3 years ago
6 0

Answer:

<em>zero economic profits; lesser or smaller</em>

Explanation:

<em> Long-run is basically comes in form when the cost which is been spent by the industry remains equal to the money which has been earned by the industry.</em>

<em>If every firm in the industry will be adopt costly antipollution devices, then the firm will be earn </em><u>zero economic profits</u><em> and the industries will able to produce in </em><u>lesser or smaller</u> <em>quantity of outcome. </em>

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The money could have been a tip.

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3 years ago
You have decided to open a pet store and have engaged in a contract with Dog N' Cat Centers, Inc. You and the company have drawn
podryga [215]

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franchisor; franchisee

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3 years ago
Which one of the following would not be considered an advantage of the corporate form of organization?a. Limited liability of ow
solmaris [256]

Answer:

Disadvantage of Corporate Form of Organization:

d. Government regulation

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3 years ago
To guide cost allocation decisions, the ability to bear criterion ________.
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the answer is D

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1.   To provide information for economic decisions.

2.   To motivate managers and employees.

3.   To justify costs or compute reimbursement.

4.   To measure income and assets for reporting to external parties.

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1.   Cause and effect.

2.   Benefits received.

3.   Fairness or equity.

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faltersainse [42]

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