In a Long-Run Equilibrium, the Marginal Firm Has

question 581

Multiple Choice

In a long-run equilibrium, the marginal firm has

• A)price equal to minimum marginal cost.
• B)total revenue equal to total cost.
• C)accounting profit equal to zero.
• D)All of the above are correct.

---

Definitions:

Training Programs

Structured educational initiatives designed to enhance individuals' skills and knowledge for personal development or career advancement.

Multiculturalism

A policy or perspective that recognizes, appreciates, and promotes cultural diversity within a society or organization.

OB (Organizational Behavior)

The study of how people interact within groups in a work environment, its impact on organizational structure, culture, and output.

Management Function

The process of planning, organizing, leading, and controlling resources to achieve organizational goals efficiently and effectively.