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seraphim [82]
3 years ago
8

Advanced Printing Systems is a firm in a monopolistically competitive market. If it is selling its product at $11 at the equilib

rium quantity and earning normal profit, what is its long-run average total cost?
Business
1 answer:
tamaranim1 [39]3 years ago
3 0

Answer:

The long-run average total cost will be $11.

Explanation:

A monopolistic firm earns a normal profit in the long run. Equilibrium is achieved at the point where the marginal revenue curve is intersected by the marginal cost curve. The equilibrium output level is determined by this intersection.

The price is fixed higher than the marginal cost, the price is equal to the average total cost. This is because if the price is higher the existing firms will be having profits. This will attract potential firms in the market. The entry of new firms will lead to an increase in supply. As a result, the price will decline. This process will continue until the price level becomes equal to the average total cost and all profits are exhausted.

So, here if the price of the product is $11 and the firm is enjoying normal profits, the average total cost will also be $11.

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Describe two methods you would use to find potential employees if you were in charge of advertising a job for a company. Explain
likoan [24]

Answer

• Use Employee referral  Programs

• Hire for Attitude and then do training for skills

Explanation

Employees working in your organization can be a valuable source of knowledge need when recruiting. They have friends and acquaintances that are in the same field. Come up with a policy that will enable staff refer suitable candidates for job positions in the company.

A smart recruiter should search for attitude when recruiting employees because skills can be gained. The best candidate should show a positive attitude towards a position with the required skills which is in most cases difficult to find. The technique to employ here as a recruiter is to find a person with a positive attitude towards a job posting.


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3 years ago
Which of these groups of workers is not a part of Handy's Shamrock organization?
kolezko [41]

Answer:

#1 Outsourced workers

Explanation:

Outsourced workers are not employees of Handy's Shamrock organization. They are workers who have been contracted by Handy Shamrock to carry out specific functions.

In most cases, outsources workers are employed by a company that specializes in certain tasks. For example, Handy Shamrock may need cleaning workers. Instead of hiring cleaners, they may contract a cleaning company to do the job for them.  The cleaning company workers that will be cleaning at Handy Shamrock will be outsourced workers.

4 0
3 years ago
When a company spends money for television commercials, it intends to shift the Group of answer choices demand curve to the righ
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Answer:

The correct answer is letter "A": demand curve to the right and make demand less elastic.

Explanation:

Investing in advertising has one goal: <em>increasing profits</em>. There are many ways of increasing the revenue of a company being the most common increasing the quantity demanded. However, increasing the quantity demanded -<em>moving the demand curve to the right</em>- implies bringing the prices down -<em>demand law</em>, but we do not know how the market will react.  

Then, advertising should also help institutions marketing that will help them make their products less <em>elastic </em>or less prone to major changes in quantity demanded due to changes in price.

5 0
3 years ago
The shifting balance from tangible goods to intangible services has marketing leaders adopting​ ________ as a guiding principle
aliina [53]

A marketing leaders adopts a ​service-dominant logic as guiding principle when there is shift in balance from tangible goods to intangible services.

<h3>What is ​service-dominant logic?</h3>

This logic refers to a perspective which introduces a new method for articulating an alternative view of exchange and value creation in the markets.

In conclusion, sometimes, a marketing leaders adopts a ​service-dominant logic as guiding principle when there is shift in balance from tangible goods to intangible services.

Read more about service-dominant logic

<em>brainly.com/question/17961245</em>

7 0
2 years ago
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