Answer:
III. If a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.
Explanation:
A perfect competition is characterised by many buyers who sell homogenous products.
All firms in a perfect competition earn zero economic profit in the long run because there are no barriers to entry or exit.
In the long run, equilibrium occurs at: P = LMC = LATC
If demand falls, prices would fall below average total cost and the firm would earn negative profit .
When meeting with your team members to discuss your bridge construction project schedule, the listening style that will help you achieve your goals is the time-oriented style.
<h3 /><h3>Listening styles</h3>
Four listening styles were developed by Barker (1971) and Watson (1995) that should be used according to the individuals' purposes. Are they:
- People oriented
- Content oriented
- Action oriented
- Time oriented
Therefore, as there has been a change in the schedule with the shortening of the deadline for the completion of the bridge, it is necessary that the time-oriented listening style will assist in the development of the best strategy for meeting the deadline.
In this style of listening, the focus is on time management, in search of objective and quick answers that go straight to the point and generate faster processes.
Find out more information about listening styles here:
brainly.com/question/10237797
App create????? No way that’s sus!!!
Answer:
The correct answer is $2,500,000,000.
Explanation:
According to the scenario, the computation of the given data are as follows:
Operating capacity = 80%
Sales = $2 billion
Fixed assets = $600,000,000
So, we can calculate the level of sales by using following formula:
Level of sales = Sales ÷ operating capacity
= $2,000,000,000 ÷ 80%
= $2,500,000,000
