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dexar [7]
3 years ago
7

A market is in long-run equilibrium and firms in this market have identical cost structures. Suppose demand in this market decre

ases. Which of the following are correct descriptions of what happens to the individual firms and the whole market as the market first leaves and then returns to long-run equilibrium?
Business
1 answer:
garri49 [273]3 years ago
5 0

Answer:

  • It will cause Market price to decrease in the short-run.
  • There will be short-run decrease on Individual firms' profit-maximizing output .
  • A good number of Firms will exit the market in the long run.
  • Finally, market quantity will decrease in the long-run.
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Education is increasingly important for job seekers due primarily to which of the following factors?
Drupady [299]

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6 0
3 years ago
On December 31, 2020, McDaniel Company had $1,200,000 of short-term debt in the form of notes payable due February 2, 2021. On J
o-na [289]

Answer and Explanation:

The preparation is presented below:

<u>                                                  McDaniel Company </u>

<u>                                                  Partial balance sheet</u>

Particulars                                      Amount

Current liabilities

Note payable                                 $250,000

Long term debt

Note payable refinance                $950,000

Total liabilities                                $1,200,000

We simply added the long term debt and the current liabilities so that the total liabilities could come

8 0
3 years ago
At a price of $10, the marginal revenue of a monopolist is $6. if the marginal cost of production is $8, what should the monopol
Eduardwww [97]

At a price of $10, the marginal revenue of a monopolist is $6. if the marginal cost of production is $8, the monopolist should keep the price at  same level  in order to maximize profits.

For increasing the profits the monopolist should increase the marginal revenue to $8 so that the mr =mc.

Every firm follows the rule of profit maximization. In this rule marginal cost is equal to the marginal revenue and the MR intersects the MC curve the profit will be the maximum at this level.

The marginal cost of production and marginal revenue are the economic measures which are used to determine the amount of output and the price per unit of a product that will maximize profits.

To know more about marginal revenue here:

brainly.com/question/13383966

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6 0
2 years ago
With so much information and moving parts within a company, technology has made it possible for employers to monitor many aspect
Luba_88 [7]

Answer:

<em>Workplace MIS monitoring</em>

Explanation:

Employee monitoring <em>is the act of using different workplace tracking  techniques to collect data about personnel members ' practices and positions. </em>

In order to enhance efficiency and safeguard company assets,  companies track their staff. First of all, the primary purpose is to avoid  inexcusable conduct and, if the attempt fails, to reduce the conduct before  it could have an adverse impact on the company.

4 0
3 years ago
Investors choose international diversification because:
Stells [14]

Answer: I found the correct and complete question:

Which of the following statements is most CORRECT with respect to international diversification?

a) the gains from diversification may be diminished due to combined correlations accompanied by volatility in world markets. b) world markets always seem to be most uncorrelated when volatility is present. c) world markets have displayed relatively low and fixed correlations over the last five years. d) global diversification produces gain even when world markets have correlations value near one.

Explanation: The correct answer is "a) the gains from diversification may be diminished due to combined correlations accompanied by volatility in world markets.".

Global markets are generally in different phases and many of them are part of weak economies that therefore have a high degree of volatility and some are correlated so that a loss in one of these markets can lead to a loss in another and earnings can be diminished.

4 0
3 years ago
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