Excluding a short-term obligation from current liabilities can be done when:- a. the liability is contractually due to be settled more than one year after the balance sheet date.
b. the company enters into a financing agreement that permits the company to refinance the debt on a long-term basis.
c. the company has a contractual right to defer settlement of the liability for at least one year after the balance sheet date.
d. all of these answers are correct.

Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact thatmr=mc at the optimal quantity for each firm. furthermore, a monopolistically competitive firm's average total cost in long-run equilibrium isless than the minimum average total cost. true or false: this indicates that there is a markup on marginal cost in the market for engines. true false monopolistic competition may also be socially inefficient because there are too many or too few firms in the market. the presence of the externality implies that there is too little entry of new firms in the market.