No. it includes people who work for themselves and stated only by themselves i believe.
Answer:
B) equals the market price in perfect competition.
Explanation:
Marginal revenue can be defined as the amount of money (revenue) generated from the sales of an additional unit of a product.
In a perfectly competitive market in long-run equilibrium, a long-run equilibrium avails firms the opportunity to adjust all inputs and all fixed costs are maximized. Also, it's characterized by free entry and exit, as such there isn't a fixed number of firms. This simply means that, since the number of firms in a long-run equilibrium can change, a firm must exit the market as a result of losses i.e when the firm is unable to cover its fixed costs in the long-run while new firms are allowed entry into the market when it anticipates potential profits or gains.
Hence, marginal revenue equals the market price in perfect competition.
The teacher will most likely discover the various sources that Devin stole from
Answer:
Market failure due to Oligopoly
Inefficiency, instability and indeterminacy brought about by oligopoly may result in a market crash. The firm's supremacy is established as the capacity is established more and more, but little is produced in order to create artificial barrier to entry.
Answer:
The recovery has no effect on total assets, liabilities or stockholders equity
Explanation:
The questions seems to ask the impact of the recovery on the elements of financial statements.
The elements of the financial statements are:
- Total assets
- Liabilities
- Stockholders's equity
The recovery has no effect on total assets, liabilities or stockholders equity
Reinstating the already written off account and collection doesn't have any impact on the total assets, liabilities or stockholders equity.
