cnolasco5684 cnolasco5684

20-06-2024
Business

Answered

Perfectly competitive firms are earning economic profits at a market price of $5 and an average total cost of $4. If new firms enter and do not affect the cost for all firms, the market price will until it reaches .
a. Fall; $4
b. Increase; $5
c. Fall; $5
d. Increase; $4

Answer :

Other Questions

i need with math it say the ride-it store rents bicycles. the cost is $8.50 for 1 hour, $13.64 for 2 hours, $18.80 for 3 hours, and 23.95 for 4 hours. if the pa

In the step by step simplification of expression below which property is not used? 3(1+x)3(x+1)3(x)+3(1)3x +3 A) associative B) commutative C) distributive D)

Proof: Given: Isosceles trapezoid TRAP with TR=PA Prove: Angle RTA = angle APR

i need with math it say the ride-it store rents bicycles. the cost is $8.50 for 1 hour, $13.64 for 2 hours, $18.80 for 3 hours, and 23.95 for 4 hours. if the pa

In the step by step simplification of expression below which property is not used? 3(1+x)3(x+1)3(x)+3(1)3x +3 A) associative B) commutative C) distributive D)

You have a piece of wood that is 7 3/4 feet long. You want to cut one piece that is 3 7/12 feet long and one piece that is 4 1/12 feet long. Do you have enou

You have a piece of wood that is 7 3/4 feet long. You want to cut one piece that is 3 7/12 feet long and one piece that is 4 1/12 feet long. Do you have enou

i need with math it say the ride-it store rents bicycles. the cost is $8.50 for 1 hour, $13.64 for 2 hours, $18.80 for 3 hours, and 23.95 for 4 hours. if the pa

You have a piece of wood that is 7 3/4 feet long. You want to cut one piece that is 3 7/12 feet long and one piece that is 4 1/12 feet long. Do you have enou

Proof: Given: Isosceles trapezoid TRAP with TR=PA Prove: Angle RTA = angle APR