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3 years ago

In a perfectly competitive industry, the short-run supply curve for the market is the:

Business

1 answer:

DENIUS [597]3 years ago

3 0

Answer:

b. marginal cost curve above the average variable cost curve.

Explanation:

A perfect competitive indsutry is a characterised by many firms selling homogenous goods and services. Firms are price takers and there are no barriers to entry or exit of firms in the industry.

The supply curve of a perfectly competitive firm in the short run is the part of the marginal cost curve that lies above the average variable cost curve.

A perfect competition maximises profit where price equals marginal cost.

I hope my answer helps you

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2 years ago

A manager states that her process is really working well. out of 1,500 parts, 1,477 were produced free of a particular defect an

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3 years ago

Most informational reports are written a. by only top business executives. b. using the indirect organizational strategy. c. for

Aliun [14]

<h2>using formal writing style</h2>

Explanation:

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It will be written using active voice
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3 years ago

analysis, formulation, and implementation are the pillars of research and knowledge about strategic management. this activity is

AlekseyPX

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1 year ago

Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: April May June Manu

Kay [80]

Answer:

The cash payments expected for Finch Company in the month of May is $185,600

Thus, the option a is correct.

Explanation:

For computing the cash payment for may month. The following things should be recognized which is explained below:

1. Manufacturing expense : In manufacturing expense, $\frac{3}{4}$ is incurred for particular month and rest $\frac{1}{4}$ is for following moth.

That means, $195200 × 3÷4 = $146,400 and $156,800 × 1 ÷ 4 = 39,200

So, the total would be $146,400 + 39,200 = $185,600

2. As insurance expenses would not be considered because the information is not given.

3. As property tax is paid in November, so it would not be taken for may month.

Therefore, The cash payments expected for Finch Company in the month of May is $185,600

Thus, the option a is correct.

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3 years ago