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katrin2010 [14]
3 years ago
10

When a perfectly competitive firm finds that its market price is below its minimum average variable cost, it will sell A) the ou

tput where marginal revenue equals marginal cost. B) the output whop average total cost equals price. C) any positive output the entrepreneur decides upon because all of it can be sold. D) nothing at all; the firm shuts down.
Business
1 answer:
julsineya [31]3 years ago
3 0

Answer: When a perfectly competitive firm finds that its market price is below its minimum average variable cost, it will sell D. nothing at all; the firm shuts down.

Explanation: A perfectly competitive firm does not exist because it a theoretical market structure where all firms sell the same product, they are price takers, the market has no influence on price and there is full freedom. If the market price is below what it will cost to produce the products, the firms will stop producing their products and shut down.

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Answer:

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Explanation:

The short-term debt that the company is refinancing with long-term debt is non-current and  deferred tax liability arising from depreciation is also non-current and should be disclosed as such in the Balance sheet after the sub-heading long-term borrowings.

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3 years ago
A will is the final declaration of how a person desires to have her or his property disposed of after death and must follow exac
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Answer:

The above statement is<u> true</u>.

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8 0
3 years ago
Who is John Kulczyk ?
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7 0
2 years ago
The United States and the European Union are groups of semi-independent states that have come together under an agreement whereb
goldfiish [28.3K]

Answer:

C. Each state or country can adopt large-scale production techniques that allow lower per-unit costs of production.

Explanation:

Typically explained, Economies of scale (EOS) are the advantages or benefits a firm achieves due to increase in production or operation which in turn leads to decrease in per unit costs.

Here in this question, it is evident that the only way economies of scale could be achieved is by increasing the large scale production techniques that leads to lower per-unit costs of production for the firms.

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6 0
3 years ago
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