Answer:
III. If a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.
Explanation:
A perfect competition is characterised by many buyers who sell homogenous products.
All firms in a perfect competition earn zero economic profit in the long run because there are no barriers to entry or exit.
In the long run, equilibrium occurs at: P = LMC = LATC
If demand falls, prices would fall below average total cost and the firm would earn negative profit .
Answer:
Developing an action plan that identifies ways to achieve your financial goals.
Answer:
B. causing the interest expense to be lower than the bond interest paid
Explanation:
Answer:
acountability, kill bureaucracy before it starts - more functions, fewer departments, more “teams,” fewer committees, open lines of communication, the customer is everybody’s responsibility, never stop “re-inventing” the business.
Explanation:
Stocks are securities that represent ownership in the one company you decide to invest in.For companies its a way to make money to invest in other projects yet for investors its a way to earn money and outpace inflation over time.
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