After all long-run adjustments are completed in a perfectly competitive market, output will occur at each firm's minimum average ______.

Answers

Answer 1

Based on the cost of production hypothesis, after all, long-run adjustments are completed in a perfectly competitive market, the output will occur at each firm's minimum "average total cost where product price is equal to marginal revenue."

This is because the point at which the product price equals the Marginal Revenue is where additional revenue from selling an extra unit equals marginal revenue.

However, when marginal revenue surpasses marginal cost, the is considered to be a profit from commodity sold. These profits are sometimes referred Marginal benefits.

Also, when marginal revenue goes below the marginal cost, this is considered to be a loss.

Hence, in this case, it is concluded that the correct answer is "average total cost where product price is equal to marginal revenue."

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Related Questions

How do you think investing relates to wealth inequality?

Answers

If the interest rate were lower and a lower interest rate tends to discourage saving and hence investment

The ___________________ is the institution designed to control the quantity of money in the economy and also to oversee the___________________

Answers

Based on macroeconomic theory and financial regulations policies, the Central Bank is the institution designed to control the quantity of money in the economy and oversee the "safety and stability of the banking system."

Central Bank is crucial in the development of the nation's financial institutions and economy.

Some other roles of the Central Bank include the following:

Serving as the bank to other types of banks in the country.Central Bank is also responsible for monetary policy formulation.It also serves as the Lender of resorts.It also manages economic fluctuations.

Hence, in this case, it is concluded that Centra Bank is vital in the economic development of any nation.

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Advantages of budgeting include ______. Multiple select question. providing benchmarks for evaluating performance forcing managers to think about and plan for the future promoting cooperation and coordination among different areas within the organization providing each department with the same amount of money to spend, so all are treated fairly providing lead time to solve potential problems

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Advantages that can be associated with Budgeting are:

forcing managers to think about and plan for the future

- promoting cooperation and coordination among different areas within the organization

- providing benchmarks for evaluating performance

- providing lead time to solve potential problems.

Budgeting can be regarded as a process involving a creation of a plan to spend your money.

It helps the manager think about the future in terms of our finance and give a benchmarks for evaluating performance.

Therefore, Budgeting helps in how to spend our money.

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Decreased interest rates will shift the aggregate demand curve to the _____ and _____ output demanded.

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The aggregate demand curve often shifts to the components of aggregate demand. The Decreased interest rates will shift the aggregate demand curve to the right and increased output demanded.

The component that is often shifted are consumption spending, investment spending.

In expansionary monetary policy the central bank often makes the supply of money and loanable funds to increase, this in turn will lowers the interest rate, promoting additional borrowing for investment and consumption, and there shifting aggregate demand right.

The rate of government spending, and often rise.

An aggregate demand curve is known to show the total spending on domestic goods and services at each price level.

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Based on the macroeconomic model, the decreased interest rates will shift the aggregate demand curve to the right and increase the demand.

This implies that when the interest rate is reduced, people tend to borrow more, including investors and consumers.

As a result, the aggregate demand will increase, which means it has shifted to the right. At the same time, the output demanded would increase as more investors have access to capital to create more products.

Hence, in this case, it is concluded that the increase in aggregate demands leads to an increase in output demanded.

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For a corporation, equity capital is obtained from a. banks. b. stockholders. c. bondholders. d. credit unions. e. insurance companies.

Answers

All I remember is external investors so maybe stockholders, hope this helps

A limited resource of some type that restricts the company's ability to satisfy demand is a(n) ______.

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Answer:

constraint

Explanation:

......................

Answer:

constraint

Explanation:

when a limited resource of some type restricts the company's ability to satisfy demand. The correct measure to look at when handling a constraint.

The expansion of global markets is a major factor in developing global information systems to handle _____ demands of integrated worldwide services.

Answers

Answer:

the fill in the blank answer is: the customer's

Explanation:

Assume that you pay $2,849. 84 in state property taxes every year. If your property has an assessed value of $41,302, what is your state’s property tax rate? a. 0. 077 b. 0. 032 c. 0. 014 d. 0. 069 Please select the best answer from the choices provided A B C D.

Answers

Answer:

D

Explanation:

2849/41302=.06897971014, which equals .069

Everett had some emergency expenses and doesn't have enough money to
pay his rent. He wants to borrow money against his earnings at work and pay
it back from his next paycheck. This type of loan is called a
A. title loan
B. line of credit
O C. mortgage
D. payday loan

Answers

Answer:

d is the correct answer

Explanation:

key words like paycheck , earnings, borrow ,and pay it back leads you to believe that he is asking for a payday loan.

Everett wants to borrow money against his earnings at work and pay it back from his next paycheck. Payday loans are this kind of loan.

What is a loan?

A loan is any sum of money, a piece of property, or other tangible item that is given to another party with the understanding that it will be paid back, plus interest, at a later date.

Payday loans are classified as short-term loans. Usually come in tiny amounts and must be paid back within two to four weeks. They are legal in most states and are also referred to as cash advance loans.

As a result, option (d) is accurate.

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#SPJ2

Which result is most likely if candy, cola, and other concentrated sweets are permitted in large quantities during the growing years

Answers

Answer:

obesity

Explanation:

Property received through a contribution is to be recognized at its fair market value and offset with a credit entry to a: Additional Paid-in Capital account. Contribution Revenue account. Miscellaneous Gain account. Paid-in Capital account.

Answers

Answer:

additional paid in capital accound

How is increasing government spending on more roads and airports a good idea/ bad idea

Answers

Answer:

Bad

Explanation:

The increased government spending may create a multiplier effect. If the government spending causes the unemployed to gain jobs then they will have more income to spend leading to a further increase in aggregate demand.

Why might an employee complain to their employer?

Answers

It’s usually because they don’t feel heard.

how many barrels of oil are used per day in the u.s. 2021

Answers

Answer:

about 18.19 million barrels

how do i comment on a question

Answers

Answer:

click the three dots in to the corner then press comments.

If your on mobile you should see like 3 dots and if you click in them and then click comments you should be able to

If your on pc go to under the question and you should be able to comment there as well.

The National Park Service's efforts to attract, maintain, and enhance relationships with customers and visitors to the park is an example of

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The example that the National Park Service shows by attracting, maintaining, and enhancing relationships with customers and visitors is D. relationship marketing.

Relationship marketing offers goods and services to customers through sales and advertising that achieve long-term customer value. The relationship is built and maintained with existing customers to attract new customers.

Thus, the NPS's efforts enable it to build lifetime customer loyalty that ensures long-term value creation.

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Penalties for late payments, liens, foreclosures, and garnished wages are
steps a lender can take when you:
A. leave a loan unsecured.
B. fail to pay back a loan.
C. fail to secure your loan.
D. leave a lien on a loan.

Answers

Answer:

I believe the answer would be option B.

Explanation:

Penalties for late payments, liens, foreclosures, and garnished wages are steps a lender can take when you fail to pay back a loan.

Answer:

B

Explanation:

Penalties for late payments, liens, foreclosures, and garnished wages are steps a lender can take when you fail to pay back a loan.

List 5 Entrepreneural qualities​

Answers

Explanation:

resolute motivation and passion, creative thinking, self discipline, risk taking ability, and persistence

When prices of outputs in an economy become sufficiently high causing production to exceed potential GDP, the resulting: hyper-intense production will be unsustainable in the long run. higher wages will encourage workers to produce more at high prices. lower prices will lead to a lower quantity of demand. downward slope in aggregate supply curve will be short run.

Answers

Answer: Hyper-intense production will be unsustainable in the long run

Explanation: Prices cannot continue to rise because the economy is working above potential GDP at that point. Potential GDP is calculated based on full employment, so the economy will eventually trend back down in the long run.

The ""field trip to mars"" campaign to promote lockheed martin is an example of ________ advertising.

Answers

Based on the advertising analysis, the "field trip to mars" campaign to promote Lockheed martin is an example of Out-of-Home advertising.

This is because Out-of-Home advertising is a type of advertising that involves the producer or seller making advertisements that people can only see when they are out of the home.

The field trip to Mars campaign involved people entering a bus without headsets then experiencing a visual reality of Mars.

People can only see this advertisement when they are out of their homes.

Hence, in this case, it is concluded that the correct answer is "Out-of-Home advertising."

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assessing the effectiveness of an advertising campaign while it is running by monitoring key indicators is referred to as

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Tracking refers to use of key indicators to monitor and assess the effectiveness of the advertising campaign while it is running.

The tracking of the advertising campaign is also called ad tracking, post-testing or ad-effectiveness tracking.

The advert tracking forms part of in-market research.

The advert tracking refers to monitors the brand's performance, advertising awareness and attitudes about the brand versus their competition.

In conclusion, the key indicators is referred to as advert tracking.

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what is bankaccount​

Answers

Answer:

Kung san mo Tatago pera mo

Explanation:

commonsense

Which organizational pattern puts emphasis on the benefits of the speaker's policy in comparison to the alternatives but is based on a problem-solution structure

Answers

Organizations often have various patterns in which they run their day to day activities. The organizational pattern puts emphasis on the benefits of the speaker's policy is Comparative advantage.

Comparative Advantages is simply known to be the final process for putting together a persuasive speech is called

The goal of this organization pattern is aimed to compare items while placing them side-by-side and show why a product is more better than the other.

It is often used by people, speaker, organization when comparing two things

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When the direct write-off method is used in accounting for uncollectible accounts, any uncollectible account is written off against the: Group of answer choices allowance account sales account bad debt expense account accounts receivable account

Answers

Answer:

sales account

Explanation:

because the direct write off method is used in accounting for uncollectible accounts

Phil Frugal has been saving his pennies since he was 5 years old. He is now 45 and deposits his savings in a bank. His pennies total $5,000. Using this information and your knowledge of the banking system, select the best match for each item. Then calculate the values of reserves, required reserves, and excess reserves. Assume a required reserve ratio of 10%.

Answers

To calculate the values of reserves, required reserves, and excess reserves, while assuming a required reserve ratio of 10%, we have the required reserves to be $500.

This is because based on the assumed reserve ratio and the knowledge of the banking system, the required reserves is calculated as below.

Required Reserves: $5,000 × 0.10= $500.

Also, the calculated amount for the excess is: $4,500.

Where Required Excess: $5,000 - $500 = $4,500

The Reserves: $5,000.

Hence, in this case, it is concluded that the Required is $500, while the Excess is $4,500 and the Reserves is $5,000.

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if common stock is issued for an amount greater than par value, the excess should be credited to

Answers

Answer:

Cash

Explanation:

If common stock is issued for an amount greater than par value, the excess should be credited to:  Cash.

hope that help you :)

the two conflicting tendencies that a firm has in an oligopolistic industry are

Answers

cooperate to maximize joint profits and the incentive to cheat on the agreement in order to increase the firm"s share of the profit.

If LMS Manufacturing sells 250,000 units and its total revenue is $1 million, what is the price per unit

Answers

Answer:

4

Explanation:

Which best diagrams the correct obstacle to the example?

Answers

economic trade this is your answer hope it's helpful to you

Economic Trade is the answer.

If an insurance company underwriters discovers that an applicant for a homeowners policy has been convicted of submitting a fraudulent claim to an insurer in the past, he may reject the application as a a. Morale hazard b. Certainty of loss hazard c. Moral hazard d. Legal hazard

Answers

Answer:

b

Explanation:

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