In the long run, if price is below the average variable cost, the perfect competitive firm should

One of the keys to writing a successful questionnaire is to A. ask exactly what you need to know. B. ask yes or no questions. C. use clever questions that hide your true motives. D. provide multiple-choice answers for each question.

Rice Co. was incorporated on January 1, Year 6, with $500,000 from the issuance of stock and borrowed funds of $75,000. During the first year of operations, net income was $25,000. On December 15, Rice paid a $2,000 cash dividend.

Select all that apply. Select examples of public goods provided to everyone by the government. protecting the country mail delivery public sclmols computers

An agent for a broker-dealer, both of which are registered in the State of Illinois, receives a telephone call from an existing customer who is on a layover in the airport in Atlanta, Georgia.

Which of the following is a primary reason a company's book value is less than its market value? a. Management recording errors. b. Many valuable resources of the company are not recorded as assets. c.

Which of the following is not correct? a. The value of the economist's language lies in its ability to provide you with a new and useful way of thinking about the world in which you live. b. Economists use some familiar words in specialized ways. c.

Although the term "trust" came to be a general term for any big business, there were legal differences between a formal "trust" and a "holding company." Explain the differences. What were the advantages of the latter?

Which group holds slightly more than half of the professional jobs in the United States? A. Hispanic Americans. B. the unemployed. C. farmers. D. women.

On January 2, 2019, Kornis Corporation acquired equipment for $ 1 comma 000 comma 000. The estimated life of the equipment is 5 years or 50 comma 000 hours. The estimated residual value is $ 40 comma 000.

Explain the long run dynamics in a monopolistically competitive industry that is currently making positive economic profits. How do we define long run equilibrium in such markets? Explain.