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
Sophie [7]
3 years ago
13

The short-run supply curve for an individual firm operating in a perfectly competitive market is:

Business
1 answer:
Tamiku [17]3 years ago
6 0

Answer: d. the marginal revenue curve at or above the average variable cost curve

Explanation: short-run supply curve of a firm in a perfectly competitive market describes the relationship between price (P) and quantity supplied (Q). Supply curve in this type of market is a time in which there is an increase in quantity of goods produce by increasing variable factors while fixed factors remain the same.

One major feature of a short run market is that supply of a commodity is kept constant until price becomes greater or equal to average variable cost (AVC), supply is consistent until marginal cost (MC) is equal to average revenue (AVR).

You might be interested in
What is an expenses?
Lelu [443]

Answer:

It’s like the price or the cost

Explanation:

5 0
3 years ago
Read 2 more answers
ncreased government spending spurs a short-run expansion. Over time, aggregate supply eventually __________, returning the econo
Natasha2012 [34]

If increased government spending spurs a short-run expansion. The statement that complete the gap is:<u> Shifts to the left</u>, <u>Output endresources.</u>

<h3>What is aggregate supply?</h3>

Aggregate supply can be defined as the overall amount of goods and service  that a firm intend to produce and supply at a point in  time or at a particular period of time.

If an increase in government spending lead to short run expansion this means that there will be shift in  aggregate supply of goods and service as aggregate supply will tend to shift to the left.


Therefore the statement that complete the gap is:<u> Shifts to the left</u>, <u>Output endresources.</u>

Learn more about aggregate supply here:brainly.com/question/19802257

#SPJ1

7 0
2 years ago
Jobs in the skilled labor category require what?
son4ous [18]
Minimum of 2 years word experience. :) 
3 0
3 years ago
Ogan Products computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year
Radda [10]

Answer:

Predetermined manufacturing overhead rate= $14.65 per direct labor hour

Explanation:

Giving the following information:

Estimated direct labor hours= 40,000

Estimated fixed overhead= $466,000

Estimated variable overhead rate= $3.00 per direct labor-hour.

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (466,000/40,000) + 3

Predetermined manufacturing overhead rate= $14.65 per direct labor hour

5 0
3 years ago
On average, a person with a bachelor's degree earns
Georgia [21]

Answer:

B

Explanation:

the knowledge.. between a Bachelor degree and an associate degree. is leser

5 0
3 years ago
Other questions:
  • How can businesses best take advantage of globalization?​
    15·1 answer
  • A six-year Finance Lease entered into on December 31 of the current year specified equal annual lease payments due on December 3
    6·1 answer
  • In order for team members to communicate effectively, they need the discipline to _______.
    11·2 answers
  • is it legal for south African firms to collude with one another to set prices ,provide some evidence in support of your answer
    6·1 answer
  • Exercise 13-8 Payback Period and Simple Rate of Return [LO13-1, LO13-6]
    13·1 answer
  • Rohit, an Indian, is a marketing executive in an American company. He graduated from a top Ivy League university in the United S
    12·1 answer
  • The impact of Furman v. Georgia (1972) was that states had to
    9·2 answers
  • Free pts <br>have a nice day​
    8·2 answers
  • An experience that would be listed in the ""other experience"" category would include _____. a. military service b. awards earne
    11·1 answer
  • Morgan needs to hire someone to help implement a business intelligence system for her company. what type of professional would b
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!