Firms producing an identical product in a competitive market are producing at a level of output that maximizes profit. the current market price is $4.50 per unit and the firms are producing at an average total cost of $3.50 per unit. in the long-run, one should expecta. entry of new firms into this marketb. exit of firms from this marketc. no change in the number of firms in this marketd. more information is needed to answer this question.

lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o

disadvantages of leasing a vehicle: no vehicle equity and mileage limitations

disadvantages of purchasing a vehicle: large down payment and vehicle depreciation

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answer; property tax payment made in july and december;

answer; proclamation of 1763;