Excelsia is a firm in a perfectly competitive industry. At its profit-maximizing level of output, average total cost is not minimized and its variable cost is higher than its price. What will Excelsia decide to do? (2 points)
Operate in the short run but leave the market in the long run
Change output to meet the firm's average total cost minimum
Shut down in the short run
Increase price until the firm is earning normal profit
Decrease output until the firm is earning normal profit

Answers

Answer 1

When the variable cost exceeds the pricing, Excelsia makes the short-term decision to close.

What does it indicate if a company with perfect competition maximizes earnings right away?

A short-run perfectly competitive firm will select the profit maximization point where marginal cost equals marginal revenue in order to maximize profits. This is so that the company can raise revenue by raising output when marginal revenue is greater than marginal cost.

when a business operating under perfect competition discovers that its market price is less than its minimal average variable cost?

A completely competitive company will sell when it discovers that the market price is less than the minimum average variable cost: Nothing at all; the business closes.

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Related Questions

Type the correct answer in the box. Spell all words correctly.
Which of these certificates can you obtain through the Red Cross?
Nancy obtained her
certification from the American Red Cross.

Answers

Answer:

Explanation:

Which of these certificates can you obtain through the Red Cross?

Nancy obtained her certification from the American Red Cross.

Answer: certification.

Certification is the correct answer in the box spell all words correctly.

What is Certification?

An impartial entity certifies a product, service, or system by issuing a written statement (a certificate) stating that it complies with certain requirements. It is the official attestation or affirmation of particular qualities of a thing, someone, or a group.

Often, but not always, some kind of external evaluation, instruction, assessment, or audit offers this validation. An organization's certification procedure is called accreditation.

A certification exam is a credentialing test designed to establish whether someone are knowledgeable enough in a given occupational area to be deemed "competent to practice" in that area, according to the U.S. National Council on Measurement in Education.

Therefore, Certification is the correct answer in the box spell all words correctly.

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Which statement best expresses Anya Kamenetz’s overarching thesis?
Not all jobs require a college degree, so higher education need not be free to all.
Existing loans and grants already provide college aid for those who most need it.
Making higher education tuition-free will not eliminate disparity in wealth and opportunity.
The costs of higher education would best be regulated by the laws of supply and demand.
College cost is a complicated issue that requires more than “free” fixes that are not truly free.

Answers

Answer:

The statement that best expresses Anya Kamenetz’s overarching thesis is: "College cost is a complicated issue that requires more than “free” fixes that are not truly free." This statement suggests that while free college education is an attractive solution, it is not a comprehensive solution to the issue of college cost. Kamenetz argues that the issue is more complex and requires a multi-faceted approach to address the underlying problems. She discusses the different ways that college cost affects individuals and society, and how addressing the issue will require more than just making college tuition-free for everyone.

Explanation:

REAL ANSWERS ONLY PLEASE!!! PLEASE HELP IT IS URGENT!!!! I NEED EXPLINATIONS AS WELL!!!!!!
1. In context, the second sentence of the fifteenth paragraph ("However, the agreement . . . legally binding”) (lines 59–60) serves as a transitional element that
A. reveals the author’s regrets about a proposed solution in the passage
B. acknowledges a weakness in the author’s line of reasoning in the passage

2.Which of the following choices accurately describes a strategic stylistic decision that the author makes in the seventeenth paragraph (lines 64–66)?
A.The coordinated clause provides a contrast to the previous paragraph and gives the same importance to the ability to remove large items and the inability to remove microplastic.
B. The words regretted and colossal, both of which have negative connotations, emphasize the flaws inherent in the plan to remove plastic from the ocean

3.Which of the following statements most directly expresses the author’s thesis in the passage?
A.To effect real change and clean up, countries need to take a deeper look at the ways they use plastics in everyday life.
B. A concerted international effort is needed to both remove the existing garbage patch and reduce plastic waste overall.

Answers

In context, the second sentence of the fifteenth paragraph ("However, the agreement . . . legally binding”) (lines 59–60) serves as a transitional element that A. reveals the author’s regrets about a proposed solution in the passage

The choice that accurately describes a strategic stylistic decision that the author makes in the seventeenth paragraph (lines 64–66) is B. The words regretted and colossal, both of which have negative connotations, emphasize the flaws inherent in the plan to remove plastic from the ocean

The option that expresses the author’s thesis in the passage is B. A concerted international effort is needed to both remove the existing garbage patch and reduce plastic waste overall.

How to explain the excerpt

It should be noted that in context, the second sentence of the fifteenth paragraph serves as a transitional element that reveals the author’s regrets about a proposed solution in the passage.

This indicates the author’s dismissal of a counterargument discussed in the passage.

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Explain the stages and principles of motivational interviewing. Do you think motivational interviewing can be effective with clients misusing alcohol and other illegal substances.

Answers

Motivational interviewing is a counseling approach that helps people explore and resolve ambivalence about changing their behavior. It is based on four core principles: expressing empathy, developing discrepancy, rolling with resistance, and supporting self-efficacy.

The stages of motivational interviewing include:

1. Engaging: Establishing a therapeutic relationship and building rapport.

2. Focusing: Identifying and clarifying the client’s goals and values.

3. Evoking: Helping the client to explore and resolve ambivalence about changing their behavior.

4. Planning: Developing a plan for change and setting goals.

5. Reviewing: Evaluating progress and making adjustments to the plan.

Yes, motivational interviewing can be effective with clients misusing alcohol and other illegal substances. It helps clients to explore their ambivalence about changing their behavior and to develop a plan for change. It also helps to build a therapeutic relationship and to support self-efficacy, which can be especially important for clients with substance use disorders.

a gamer tracks his rewards from three types of items, common, rare and legendary. the table belw show the number of items he hasreceived. what is the probability that his next reward will be legendard

Answers

I need to know how many prizes the player has earned overall and how many legendary rewards he has already received in order to determine the likelihood that the next gift will be legendary.

What is game theory for reward systems?

The term "game reward systems" refers to the design of rewards and incentives in a game that both encourage player intrinsic motivation and provide extrinsic benefits.

What is the name of the rewards programme?

The brain regions that control the physiological and cognitive processing of reward are collectively referred to as the mesolimbic system or the reward system.

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PLS HELP ASAP I WILL GIVE A LOT OF POINTS
Slide one: Title slide must indicate the purpose of the slide presentation, indicate the nature of the crime, and the location.
Slide two: Construct a timeline of the crime as given by the scenario.
Slide three: Explain three actions taken by the officers to secure the crime scene area.
Slide four: Describe the actions of the EMT’s and give at least one example of the techniques they should use to avoid contaminating the crime scene.
Slides five through nine: Five pieces of physical evidence should be obtained from the forensic team. Each slide should only contain one piece of physical evidence with is description, classification, and the location where it was found. Classification of the physical evidence should identify if it is trace, transient, conditional, indirect, circumstantial, individual, or class.
Slide ten and eleven: Interview with Mrs. Marta; Generate three questions that Investigator Gomez would ask Mrs. Marta about the crime. Use your imagination for her answers, but make sure the answers are logical.
Slide twelve and thirteen: Summarize all the five pieces of evidence, pertinent information the report from the EMT's, and the interview of Mrs. Marta. Identify two more actions that Investigator Gomez needs to take to help solve the crime.

Answers

The answer is mentioned below.

Describe Investigation?

Investigation is the process of gathering and analyzing information or evidence to determine the facts of a situation or event. It involves using various techniques and tools to gather information, interviewing witnesses and suspects, examining physical evidence, and analyzing data to reach a conclusion. Investigations can be conducted for a wide range of purposes, including criminal investigations, workplace investigations, accident investigations, and financial investigations. The goal of an investigation is to uncover the truth and provide evidence to support a conclusion or decision.

Slide 1:

Title slide with the purpose of the presentation, nature of the crime, and location.

Slide 2:

Timeline of the crime based on the scenario.

Slide 3:

Three actions taken by the officers to secure the crime scene area.

Slide 4:

Actions of the EMT's and techniques they should use to avoid contaminating the crime scene.

Slides 5-9:

Five pieces of physical evidence with description, classification, and location. Classification should identify if it is trace, transient, conditional, indirect, circumstantial, individual, or class.

Slide 10-11:

Interview with Mrs. Marta. Three questions that Investigator Gomez would ask Mrs. Marta about the crime.

Slide 12-13:

Summary of all evidence, report from the EMT's, and interview of Mrs. Marta. Identify two more actions that Investigator Gomez needs to take to help solve the crime.

It is important to note that the specifics of the presentation will depend on the nature of the crime and the scenario provided.

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