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Tpy6a [65]
2 years ago
10

Suppose that a perfectly competitive industry is in long-run equilibrium. Every firm is producing at minimum average total cost,

and all firms are identical. Demand in this industry decreases.Which of the following will not occur in the short run?A. Firms will produce less.B. Firms will exit the industry.C. The price will fall.D. The industry will produce less.E. Profits will be negative.
Business
1 answer:
elixir [45]2 years ago
7 0

Answer:

B. firms will exit the industry

Explanation:

When the firms is producing at the minimum average total cost, the amount of profit margin that they get tend to be high. This means that they can fulfill their target profit even by producing less amount of product.

Even when the demand in the market is decreased, Such firms will most likely accumulated enough profit to survive for a long period of time before they go bankrupt. This is why the firms is very unlikely to exist the industry in a short run.

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artcher [175]

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A = P(1 + r/100)t

A=59000(1+0.1/2)^(2*7)

=$59000*1.979931599

interest compounded =$116,815.96

Compounding hobby semiannually method that the fundamental of a loan or investment at the start of the compounding period, in this case, every six months, consists of the entire hobby from every preceding period.

Semiannual means an event that happens twice a year, every six months. In business surroundings, semiannual is something that is recurring like payments or an interest fee.

If you want to calculate what your investments may be really worth primarily based on returns that compound semiannually, first, divide the yearly fee of going back by way of 100 to convert it to a decimal. 2nd, divide the once-a-year price as a decimal by way of 2 to transform it into a semiannual fee for going back.

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6 0
1 year ago
English - Hey, so I'm starting a little business. I'm going to be customizing shoes. If you want a pair of shoes please tell me.
amm1812

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4 0
3 years ago
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elias is creating an agenda for his team's upcoming sales meeting. what should he include in the agenda?
andrew11 [14]

Elias is creating an agenda for his team's upcoming sales meeting, expected outcomes include in the agenda

The process of leading to the sale of goods or services is referred to as sales. Businesses have segmented sales organizations made up of various teams. Additionally, these sales teams are frequently chosen based on the market they are targeting, the good or service they are selling, and the target client. A meeting's agenda is a list of the topics that will be discussed, starting with the call to order and ending with the adjournment. It typically contains one or more specific items of business that need to be handled. Specific times for one or more activities may be included, but they are not required to be. Agendas typically include: Informational items: updating the group on relevant information.

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7 0
1 year ago
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Alona [7]

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Perishability.

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3 0
2 years ago
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nydimaria [60]

Answer:

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