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Earn +20 ptsQ: What are the number of firms in the market?
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Continue Learning about Math & Arithmetic
What areas do business economists work in?
Business economists work in such areas as manufacturing, mining, transportation, communications, banking, insurance, retailing, private industry, securities and investment firms, management consulting firms, and economic and market research firms,
In long run equilibrium P equals minimum ATC equals MC what is the significance of the equality of P and minimum ATC for society?
There are only normal profits in the market, so no firms will enter or exit the market.
Where would you find a negative number in the newspaper?
The Stock Market Section
Which ratio measures the firms degree of indebtness?
debt ratio
When do you think it would make sense to write a number using exponential notation?
When it is a very large number for example 100,000,000,000 = 1.0*1011 Or when it's a small number like 0.00000000001=1*10-11
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