The figure shows the demand curve for Gap jackets (D) , and Gap's marginal revenue curve (MR) , marginal cost curve (MC) , and average total cost curve (ATC) .
-In the figure above, the market for jackets ________ in long-run equilibrium, and there is ________ for new firms to enter.
Definitions:
Organization
A group of people with a particular purpose or structured in a specific way to achieve collective goals.
Flexible Work Schedules
Work arrangements that allow employees to vary their starting and ending times, and work hours, promoting work-life balance.
Flexible Benefit Packages
An employee benefits plan that allows employees to choose from a range of benefit options to customize a package that best meets their needs and preferences.
Child Care
A service involving supervision and care of young children or babies, provided by someone other than the child's legal guardians.
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