The long run will see the supply curve of a completive firm changing to the b. portion of the marginal-cost curve that lies above the average-total-cost curve.
<h3>What is the long-run supply curve in a perfect competition?</h3>
In a perfect competition, a company will only produce goods and services at a level where the marginal cost curve is above the average total cost in the long run.
This means that the supply curve will be the marginal cost curve but only the portion of this curve that is above the long-run average total cost curve.
The reason for this is that in the long-run., all the costs in a perfectly competitive firm are considered variable and so they can afford to avoid supply mishaps in the short term.
In conclusion, option B is correct.
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A business owned by shareholders, also called stockholders, who own the rights to the company's profits but face only limited liability for the company's debts and losses.
Answer;
The action that would most likely cause the Equal employment opportunity commission to intervene;
- A company posts an ad looking to hire a male computer programmer.
Explanation;
Equal employment opportunity entails the provision of equal opportunity for employment and advancement within a company or an organization to all individuals, including those that fall under the protected classes. The protected classes include, race, color, age, national origin, disability, reprisal and sex.
Answer:
B. to reflect usage of services on a fair and equitable basis
Explanation:
Base on the scenario been described in the question, all of the following except to reflect usage of services on a fair and equitable basis is not an objectives for computing full cost . This is because if we at the other options like to reflect production's "fair share" of costs , to instill a consideration of support costs, to provide for cost recovery, they all give objective for computing full cost.