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ANTONII [103]
3 years ago
14

Which of the following is true at the​ long-run equilibrium in a monopolistically competitive​ market? A. Each​ firm's output is

at the point that minimizes its​ long-run average cost. B. Each firm earns zero economic profit.
Business
1 answer:
Juli2301 [7.4K]3 years ago
6 0

Answer:

B. Each firm earns zero economic profit.

Explanation:

In a monopolistic competitive market, there is free entry and exit in the market, if there is a profit more firms will come in and that will reduce the price to zero. the answer is, there will be zero economic profit in the market.

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When you mix raw meat with cooked meat
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3 years ago
According to Figure 5.1, why does "Marginal Cost" go down and then up again as more goods are produced?
Ulleksa [173]
This is because the lowest is the most efficient amout to make.  As we increase number the extra costs of making those items will also increase. 
6 0
3 years ago
"Stock R has a beta of 1.5, Stock S has a beta of 0.75, the required return on an average stock is 10%, and the risk-free rate o
Kaylis [27]

Answer:

4.5%

Explanation:

Stock R (Beta) = 1.5

Stock S  (Beta) = 0.75

Expected rate of return on an average stock (Rm)= 10%

Risk free rate (Rf) = 4%

Required Return (Re) = Rf +(Rm-Rf) B

Required Return = 0.04 + (0.10-0.04) B

Required Return = 0.04 + 0.06B

Stock R = 0.04 + (0.06 * 1.50)

Stock R = 0.04 + 0.09

Stock R = 0.13

Stock R = 13%

Stock S = 0.04 + (0.06 * 0.75)

Stock S = 0.04 + 0.045

Stock S = 0.085

Stock S = 8.5%

Here, the more risky stock is R and less risky stock is S. Since, R has more beta than the Stock S.

= 13% - 8.5%

= 4.5%

7 0
3 years ago
An employer instituted a wellness program for all employees. The wellness program includes an exercise facility and several pay
Airida [17]

Answer:

Option "B" is the correct answer to the following statement.

Enlightened Self-interest School.

Explanation:

Enlightened self-interest is an ethical principle which states that individuals who act to promote the interests of everyone else, or the interests of the group or groups to something that they belong, inherently act in their interests.

  • Employee wellness programs are plans, about health insurance, a form of medical benefit that many workers provide – in one sort or the other.
  • Defining a wellness program is a system to help employees remain healthy, or helps them improve their quality of life in some cases.
8 0
3 years ago
Holy macaroni! That's Almost It!
IrinaK [193]

Answer:

Virtually all of the 7 million millionaires in the United States learned how to make smart decisions by doing their homework.

Answer: Option 7.

Explanation:

6 0
3 years ago
Read 2 more answers
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