Markets that exhibit economies of scale over the entire range of market output Multiple Choice Are natural monopolies. Are perfectly competitive. Have downward-sloping short-run average total cost curves. Have upward-sloping long-run average total cost curves.

Prepare beneish corporation's income statement and statement of stockholders' equity for year-end december 31, and its balance sheet as of december 31. there were no stock issuances or repurchases during the year. (do not use negative signs with your answers unless otherwise noted.)