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
nekit [7.7K]
3 years ago
9

Suppose the cost curves for a firm in a perfectly competitive market have the typical shapes. At what point does the firm achiev

e productive​ efficiency? Productive efficiency occurs at the quantity and average cost
Business
1 answer:
max2010maxim [7]3 years ago
6 0

Answer:

In a perfectly competitive market, a firm will achieve productive efficiency when the price of its products is equal to the minimum average cost.

Since firms in a perfectly competitive market are price takers, their total output will always be equal to the efficient amount. If their output is larger, they will be losing money and if they produce at a lower level they should try to reach the efficient amount to earn the highest possible profit.

You might be interested in
Tariffs and other trade restrictions increase the domestic scarcity of products from abroad. Such policies benefit domestic prod
MAXImum [283]

Answer: Option B

Explanation:

A trade restriction is an artificial restriction on the trade of goods and/or services between two or more countries.

The right option is B because the statement contains one error; domestic producers gain at the expense of foreign producers rather than domestic consumers.

8 0
3 years ago
Which subjects does the Aspire test assess?
Nikolay [14]

Answer:

five subject areas: English, mathematics, reading, science, and writing

7 0
3 years ago
Which of the following correctly orders the investments from LOWER risk to HIGHER risk?
Yuliya22 [10]
Here is the correct order of investments from Lower Risk to Higher Risk: <span> Treasury bond − Diversified mutual fund – Stock

Treasury bond is released by Government, so unless your country went bankrupt, it is safe to assume that you will get the investment back.

Diversified mutual fund puts your eggs in a lot of baskets So in case one of your investment fail, the others could still support your overall investments

Since the stock is a single entity and really fluctuative, it is considered as the most dangerous type of investment.

</span>
3 0
3 years ago
In your own words, discuss GAP management and then suggest a way to reduce the impact of its limitation. Do not duplicate limita
vichka [17]

Answer:

Gap management is a strategy which every business follows. A business can be successful only if it sets goals for its future.

Explanation:

Gap management is the difference between where an organization stands today and where it wants to be in future. A company's management will set its own targets and then sets position of the company. There are limitation of gap management as there can be targets which are sometimes unachievable or there are some external forces which hinders the business progress.

5 0
3 years ago
Imagine that you work at a store which sells computer components and you have been made the facilitator of a group whose long te
zubka84 [21]
<span>I would give excellent customer service to every customer that walks in so they will spread the word that this store has great service, this will bring in more customers that need parts. I would also recommend to the manager to market the store by offering free gifts if they spend 50 dollars or more, or give out some sort of incentives, maybe a punch card, if you get 10 punches, you can have 50% off your next order.</span>
6 0
3 years ago
Read 2 more answers
Other questions:
  • In february, when paula, the manager of a landscaping company, is modifying worker schedules to handle the expected increase in
    9·1 answer
  • Shondra’s family’s monthly net income is $6,654. The family’s budget is shown in the circle graph below. The family decides to i
    14·1 answer
  • There are three economy situations and two stocks Information is as follows Economy Stock A Stock B Booming 0.3 10 20 Neutral 0.
    8·1 answer
  • People and information systems are​ _________ that can be assigned to​ ______ in a business process.
    13·1 answer
  • If a company has three bank accounts for processing payments, what is the minimum number of ledgers it needs?
    7·1 answer
  • How can setting goals help me get some of the things I need or want?
    13·2 answers
  • You work as an assistant coach on the university basketball team and earn $13 per hour. One day, you decide to skip the hour-lon
    15·1 answer
  • The newest employee at Edwards Escrow Co., Adam Riley, is handling the escrow
    5·1 answer
  • Three shareholders brought an action in federal district court for a violation of federal securities law against a corporation.
    5·1 answer
  • Generally, the payment of an accelerated death benefit is _______ to a recipient if the benefit payment is qualified.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!