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4 years ago

As long as it does not shut down, a perfectly competitive firm earns the maximum profit possible as long as it operates so that

Social Studies

2 answers:

Marat540 [252]4 years ago

7 0

Answer:

usatestprep is D

Explanation:

I just did it

Alik [6]4 years ago

3 0

The correct answer is D.

Perfect competitive firms are price-takers, operate in markets with many other competitors, manufacture homogenous products with perfect substitutives provided in the same market, and operate in markets with free entry and exit (no barriers). These features generate a perfectly elastic demand function, an hortizontal line for a certain price level, as the firm has to assume the existing price in the market.

Marginal cost and marginal revenue are compared in order to decide which is the optimal amount of production to maximize the firm's profits. This happens in the scenario in which marginal revenue equals marginal costs.

Marginal revenue (MR) is the amount earned for selling an extra unit, which in the perfect competition scenario equals the market price of the product. The marginal cost (MC) is the cost of producing on extra unit of output.

When MC>MR, of course producing one more unit is unprofitable and therefore, unoptimal.
When MC<MR the extra unit is profitable, then the firm should increase the production until reaching MC=MR, that is the point at which they should not move anymore.

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the Main differences between sociology and social psychology is that sociology focuses on ____, whereas social psychology focus

netineya [11]

Answer:

ANSWER = A OPTION

Explanation:

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3 years ago

What was the main reason the pilgrims wanted to leave England

bagirrra123 [75]

Answer:

35 of the pilgrims were members of the radical English separation Church who would travel to America to skip the jury distance of the Church of England which they found corrupt 10 years later English prostitution led a group of severance to flea Holland and the reach in search of freedom of religion

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3 years ago

Read 2 more answers

Jenn is daydreaming during class about what she will eat for dessert tonight. She decides she will make chocolate cake, and her

yanalaym [24]

Her mouth-watering response after She decides she will make chocolate cake, and her mouth begins to water just thinking about how delicious it will taste is due to classical conditioning.

<h3>What is Classical conditioning?</h3>

Classical conditioning is a learning process that usually takes place in an unconsciously manner.

The kind of learning through classical conditioning, can be referred to as automatic conditioned response and can be attributed to specific stimulus.

Learn more about classical conditioning at:brainly.com/question/10399309

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2 years ago

Zephaniah

Sloan [31]

The proper matches are:

NAHUM = Prophesied the destruction of Nineveh
HABAKKUK = Was quoted three times in the New Testament
ZEPHANIAH = Was a descendant of Hezekiah and a relative of Josiah

Some further details:

Perhaps the prophet most remembered for an association with the Assyrian city of Nineveh was Jonah -- who tried to run away from the Lord's assignment to go and preach there. Jonah's ministry was in the first half of the 8th century BC. In Jonah's days, God called Nineveh to repentance and spared the city. By a century later, Nineveh's days were numbered, and Nahum prophesied about the fall of Nineveh and Assyria, which would come near the end of the 7th century BC.
The line from Habakkuk that is quoted three times in the New Testament is: "The righteous shall live by faith." [Some translations, like the King James Version, will have that as "The just shall live by faith."] That reference to Habakkuk's words can be found in Romans 1:17, Galatians 3:11, and Hebrews 10:38.
The first line of Zephaniah's book of prophecy mentions his ancestry connection to Hezekiah: "The word of the Lord that came to Zephaniah son of Cushi, the son of Gedaliah, the son of Amariah, the son of Hezekiah ..." (Zephaniah 1:1). That would mean Zephaniah was the great-great grandson of Hezekiah. Josiah was a great-grandson of Hezekiah. Josiah was son of Amon, who was son of Manasseh, who was a son of Hezekiah.

7 0

3 years ago

Can exponential growth occur in a population of organisms that take a long time to reproduce?

kirill [66]

Technically they can, but the line is less sloped

Exponential growth refer to a condition when the number of population is rapidly increased in a higher rate. Organisms that take long time to reproduce can experience an exponential growth if a large number of organisms reproduce together within short period of time.

hope this helps

8 0

3 years ago