In​ long-run equilibrium, all firms in the industry earn zero economic profit. Why is this​ true? All firms in perfectly competitive industries earn zero economic profit in the long run because A. barriers to entry and exit prevent firms from earning positive or negative economic profit. B. a positive profit would induce firms to produce more ​, increasing price and​ profit, and a negative profit would induce firms to produce less ​, decreasing price and profit. C. firms are price​ takers, maximizing profit by producing where price equals average cost . D. a positive profit would induce firms to​ enter, decreasing price and​ profit, and a negative profit would induce firms to​ exit, increasing price and profit. E. firms are price​ takers, maximizing profit by producing where price equals marginal cost.

You have been solicited to conduct a performance evaluation for a public organization that has been corrupted over issues of personnel embezzling funds. before actually conducting the evaluation, you—the evaluator—need to know certain specifics to conduct a thorough evaluation. compose a proposal that describes what type of evaluation will be conducted. in the proposal, explain the type of public organization. describe some of the main services, products, and activities the organization provides to the public. describe the size of the problem, who is affected by the problem, how long the problem has been in existence, and how long the evaluation will take. also, describe what the evaluation will assess with respect to organizational leadership. finally, what outcomes do you propose the evaluation will to achieve for the organization?