1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
allochka39001 [22]
4 years ago
14

For a perfectly competitive industry with identical firms, the long-run industry supply curve is: perfectly elastic. horizontal.

based on minimum average costs. All of these are characteristics of the long-run supply curve.
Business
1 answer:
siniylev [52]4 years ago
4 0

Answer:

All of these are characteristics of the long-run supply curve.

Explanation:

In the long run supply curve shape is dependent on wether the industry is a constant cost industry, a decreasing cost industry, or an increasing cost industry. It can be horizontal, upward sloping, or downward sloping.

In constant cost market price remains constant with increasing output. Supply curve is horizontal.

In decreasing cost industry supply curve is sloping downward and cost reduces with output.

In increasing cost industry supply curve is upward sloping and cost increases with increased output.

You might be interested in
White Company acquires a new machine for $75,000 and uses it in White's manufacturing operations. A few months after White place
Katena32 [7]

Answer:

  • Tax status = Ordinary Asset
  • Gain = $60,000

Explanation:

As the company expensed the asset fully in the year of purchase instead of capitalizing it, the asset is an ordinary asset not a capital one which is capitalized. That is the tax status.

The gain on an ordinary asset is the amount that it was sold for which in this case is $60,000.

Tax status = Ordinary Asset

Gain = $60,000

5 0
3 years ago
After saving money in her piggy bank for three years, Beverly decided to deposit $5,000 of the money in the Millertown Bank. If
Nitella [24]

$20,000 is correct

When they ask for the amount the bank can "create" they are really asking for the <u>change in the money supply</u><u>.</u> They are required to reserve 20%, so they can loan out 80%

80% * $5,000= $4,000

Now, the bank can use this $4,000 by loaning it out to other customers and earning interest on those loans. The customers can use the money for investments or spending. So the first little deposit of $5,000 has now spread to a lot more people and created a lot more opportunity for growth. This is known as the <u>multiplier effect.</u> To put the multiplier effect in dollar amounts, we need to know how much we are multiplying by. This is called the <u>deposit multiplyer</u> and the formula is 1/(required reserve ratio). The reserve ratio here is 20% or .2

1/(.2)= 5

Our deposit multiplier which will calculate the multiplier effect on the money supply (aka the amount the bank can "create") is 5

5* $4,000= $20,000

7 0
3 years ago
Read the following paragraph and its possible revisions. Then choose the revision that has the best paragraph coherence and that
kirill [66]

Answer:

1. 3. The duties of the crisis team should be divided according to each member’s area of expertise. Since communicating accurate information is critical, you will need to assign specific members to interface with your own employees and public-safety agencies. Communication with the public and employees should be overseen by the director of PR. If your company does not have a public relations executive, this job should be handled by the head of marketing or human resources. Nevertheless, all members of your crisis team should receive training in crisis communication.

- The first sentence here needs to stand alone unlike in option 2. Option 1 is just a repeat of the original paragraph so is not a revision and does not count.

2. Effective business messages are well organized and context appropriate; <u>therefore</u>, your first step in crafting effective messages is appropriate planning.

You should begin planning by conducting a situational analysis. <u>Following this</u>, you should gather all appropriate and relevant data or information. The amount of research you conduct will be determined by the purpose and scope of the message.

<u>After completing these two steps</u>, you should develop an outline for your message. Finally , you are ready to begin writing. You may have to write several drafts before you finish your message. Don’t be afraid to rewrite multiple times.

<u>Since the most effective (successful) messages are well crafted</u>, spending a little extra time on the planning and drafting process is always wise.

3. C) Break large topics into smaller segments.

By breaking large topics into small segments, each segment can then be explained in its own paragraph which will limit the length of paragraphs unlike if you had to talk about one larger topic in one paragraph.

7 0
4 years ago
The extent to which a firm's internal activities encompass one, some, many, or all of the activities that make up an industry's
Free_Kalibri [48]
The answer is:  [A]:  "vertical scope" .
_____________________________________________
8 0
3 years ago
What are the benefits of a woman working in her own company of construction?<br> (is her own boss)
stira [4]

Answer:

She gets to choose her hours, pick where she works, etc

Explanation:

If she owns the company then she chose her work conditions

5 0
3 years ago
Read 2 more answers
Other questions:
  • What percentage of data would you predict would be between 40 and 70 and what percentage would you predict would be more than 70
    9·2 answers
  • Goldberg Corporation has three production departments A, B, and C. Goldberg Corporation also has two service departments, Admini
    12·1 answer
  • In judging the quality of hospitals, it is well known that for complicated procedures, such as open-heart surgery, three factors
    13·1 answer
  • Joel wants to buy his best friend a home audio system for his birthday. He visits a few electronic stores and looks at different
    9·1 answer
  • Giant Equipment Ltd. is considering two projects to invest next year. Both projects have the same start-up costs. Project A will
    8·1 answer
  • Which of the following will decrease the aggregate quantity of output supplied?
    8·1 answer
  • An entity where ownership is divided into shares of stock is a:
    14·1 answer
  • HELPP use the budgets provided for the last three summers for the Countywide IT Professional Society (CIPS) to
    12·2 answers
  • Which person has the highest taxable income?
    6·1 answer
  • How would a list of personal property and its worth help when
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!