zariyastanfield4452
27.10.2020 •
Business
When a perfectly competitive firm is in long-run equilibrium, the firm is producing at cost. maximum average variable maximum average total minimum marginal minimum average total
Solved
Show answers
More tips
- W Work and Career Which types of activities are not subject to mandatory licensing?...
- C Computers and Internet Thin Client: What It Is and Why You Need It?...
- F Food and Cooking The Most Delicious and Simple Fish in Batter Recipe...
- F Food and Cooking Red Caviar: How to Choose the Best?...
- C Computers and Internet Clearing Cache: How to Speed Up Your Browser...
- S Style and Beauty How are artificial nails removed?...
- S Style and Beauty Secrets of Tying a Pareo: 5 Ways...
- F Food and Cooking Everything You Need to Know About Pasta...
Answers on questions: Business
- B Business 2.Increases in the budget deficit are believed to cause reductions in investment. Based on your understanding of the IS-LM model, will a fiscal policy action that causes...
- B Business Based on any four ethical theories, explain how these acts constitute unethical behaviours at the workplace....
- B Business Why were the British able to crush the revolt...
- B Business You are responsible for a very large project that is projected to take 24 months to complete at a cost of over $2 million. After two months into the project, you already...
- B Business Match the transactions below with the journal or ledger in which it would be entered. Monthly adjustment for supplies used Cash receipt posting to an individual customer...
- B Business A so-called B2B company sells products to other businesses, which are its...
- B Business Answer correctly for brainlist John Maynard Keynes believed that the best way for a government to respond to an economic crisis was to: A. allow private businesses...
- B Business Which statement best summarizes the relationship between investments and productivity? A. Companies with high levels of productivity never need to worry about investment....
- B Business 4. Classify the market in which each of the following financial transactions takes place as: (a) money versus capital, (b) primary versus secondary, (c) open versus...
- B Business Besides improving the throughput, data striping results in:. a. improving the read/write performance by the number of drives used. b. deteriorating the access time...
Ответ:
Minimum average total
Explanation:
In the long run, all costs are variable so the firm will be able to adjust its costs in such a way that it will be producing at the lowest possible average total cost in order to minimize its cost.
In such a market, economic profit will not be made because more firms will keep coming into the market if there are economic profits till the profits are eventually brought down to zero.
Ответ: