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Vanyuwa [196]
3 years ago
13

Select the correct answer

Business
1 answer:
Elan Coil [88]3 years ago
8 0

Answer:

B. Shortage of technical staff

Explanation:

It's 100% not D. I took the test and got it wrong

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Select the correct answer.
scZoUnD [109]
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yaroslaw [1]

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Explanation:

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3 years ago
In the ________, the perfectly competitive firm will react to profits by ________
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In the long run, perfectly competitive firms will react to profits by increasing production.

Firms in a perfectly competitive world earn zero profit in the long run. While firms can earn accounting profits in the long run, they cannot earn economic profits.

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A perfectly competitive market achieves long‐run equilibrium when all firms are earning zero economic profits and when the number of firms in the market is not changing.

In the long run, profits and losses are eliminated because an infinite number of firms are producing infinitely divisible, homogeneous products. Firms experience no barriers to entry and all consumers have perfect information.

Learn more about a perfectly competitive firm here: brainly.com/question/25327136

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Quaker introduced its "quaker oats to go" bar and marketed it as a healthy and convenient breakfast choice. quaker marketing mes
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