In a perfectly competitive market, if market price is higher than the average total cost of production, radio_button_unchecked new firms will enter the industry radio_button_unchecked firms will incur losses in the long run radio_button_unchecked firms will have negative profits in the long run radio_button_unchecked firms will exit the industry SUBMIT

After much consideration, you have chosen cancun over ft. lauderdale as your spring break destination this year. however, spring break is still months away, and you may reverse this decision. which of the following events would prompt you to reverse this decision? a. the marginal cost of going to cancun decreases. b. the marginal cost of going to ft. lauderdale decreases. c. the marginal benefit of going to cancun increases. d. the marginal benefit of going to ft. lauderdale decreases.

Which of the following would be an accurate statement about achieving a balanced budget

Lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal.