When there is a negative externality, the competitive output is greater than the economically efficient output level. group of answer choices true false
Answers
When there is a negative externality, the competitive output is greater than the economically efficient output level it is true.
This is because the competitive output doesn't take into account the negative external costs, while the efficient output considers the full social costs, including external costs. As a result, the competitive output leads to overproduction, and the efficient output would be lower to minimize the negative externalities.
When there is a negative externality, such as pollution, the competitive output level, determined solely by market forces, is greater than the economically efficient output level. This occurs because the competitive market fails to consider the full social cost of production.
The negative externality imposes additional costs on society, such as health issues or environmental damage, which are not accounted for in the market price. As a result, producers tend to overproduce goods or services with negative externalities.
To achieve economic efficiency, it is necessary to reduce the output level to the point where the marginal social cost equals the marginal social benefit, internalizing the external costs and aligning private and social incentives.
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Related Questions
Give the meaning and important aspects of the process of globalisation.
Answers
Answer:
Globalization by definition is that process that the business or n organisation begins to operate on an international standards.It involves interactions amongst individuals , institution and even the government.
There are 4 basic aspects of globalization
1.Dissemination of knowledge.
2.Migration and movement
3.Capital and investment movement
4.Trade and transctions.
Explanation:
1.in the first point , we view globlisation as a measure in the changes of the human heritage by the aspect of knowledge.people's world wide ideologies are disseminated by varoious means far and wide, in the whole world.
2.Globalization has caised movement, through migrationa socioeconomic as well as the political relations is created along the borders.Movement has caused people to be more difficult to controlband also people have been dislocated.
3.These terms are commonly used to describe the economy .capitalism is the private ownership as opposed to ownership by the government.
4.Trade and teansactions has caused tremendous improvements across the globe, in a way, it has led creating jobs, increaeing thw workers salaries amongst other factors .conversely , trade transactions has caused social disruptions and as a result number of businesses are lost.
when entering into an income based repayment plan option, a student must contact their ________ to select the repayment plan option
Answers
when entering into an income-based repayment plan option, a student must contact their student loan facilitator to select the repayment plan option.
What is income-based repayment?
A repayment strategy known as income-based repayment, or IBR, bases loan instalments on a proportion of the borrower's discretionary income rather than the whole amount owing. Midway through 2009, IBR initially became accessible.
One of four income-driven repayment schemes is IBR. Pay-As-You-Earn Repayment (PAYE), Income-Contingent Repayment (ICR), and Revised Pay-As-You-Earn Repayment are the others (REPAYE). For debtors who don't qualify for PAYE and are worried about the marital penalty and the absence of a payment maximum in REPAYE, IBR is typically a viable alternative.
IBR bases monthly student loan repayments on 15% of discretionary income. The amount by which adjusted gross income (AGI) surpasses 150% of the poverty line is referred to as discretionary income.
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Which of the following is true regarding states that have adopted the reasonably foreseeable users test for accountant liability to
third parties?
Answers
The reasonably foreseeable users test holds an accountant liable to any third-party who was or should have been foreseen as a possible user of the accountant's work product and did, in fact, use and rely upon that work product for a proper business purpose.
What is accountant?By gathering, monitoring, and making necessary corrections to the company's finances, an accountant assists organisations in making important financial decisions. Financial audits, bank statement reconciliation, and ensuring that financial records are accurate all year long are under their purview.
Account analysis, auditing, and financial statement analysis are examples of professional accounting duties carried out by accountants. Accountants can work for an accounting firm, a sizable business with an internal accounting division, or they can open their own practise.
These four areas of accounting are forensic, corporate, public, and governmental. For any accounting employment, an undergraduate degree is typically a requirement, however prior master's work—especially in the accounting field—is frequently greatly encouraged.
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I need q 4 and 5 please:)
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Larry's Lunchcart is a small street vendor business. If Larry makes 15 pretzels in his first hour of business and incurs a total cost of $16.50, his average total cost per pretzel is a. $1.10. b. $6.50. c. $15.00. d. $16.50.
Answers
Answer:
A. $1.10
Explanation:
We can find the average total cost by dividing the total cost by the number he sold:
16.50/15 = 1.1
So, his average total cost per pretzel is $1.10
The average total cost per pretzel is a $1.10.
Given that,
Larry makes 15 pretzels in his first hour of business and incurs a total cost of $16.50.Based on the above information, the calculation is as follows:
= $16.50 ÷ 15
= $1.10
Therefore we can conclude that the option a is correct.
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An example of differentiation by location is: a. Firms selling the same product at different outlets. B. Giving free information about the product. C. Change in the size, shape, or color of the product. D. Change in the texture and taste of the product. E. Using home delivery to increase revenue
Answers
An example of differentiation by location is A. Firms selling the same product at different outlets.
Differentiation by location refers to the strategy of offering variations of a product or service based on the specific location or outlet where it is sold. Let's examine each option to identify the correct example:
A. Firms selling the same product at different outlets:
This option is an example of differentiation by location. It means that multiple firms offer the same product but sell it at different locations or outlets. This strategy allows businesses to cater to different customer segments, target specific markets, or reach a wider audience by having multiple points of sale.
B. Giving free information about the product:
This option does not relate to differentiation by location. Providing free information about a product is a marketing strategy aimed at educating consumers or building brand awareness, but it does not involve offering different variations based on location.
C. Change in the size, shape, or color of the product:
This option refers to differentiation by product characteristics rather than location. Changing the size, shape, or color of a product is a strategy known as product differentiation, where variations in physical attributes aim to attract different customer preferences.
D. Change in the texture and taste of the product:
Similar to option C, this example pertains to product differentiation rather than differentiation by location. Altering the texture and taste of a product involves modifying its sensory attributes to cater to different consumer tastes or preferences.
E. Using home delivery to increase revenue:
This option describes a distribution strategy, but it does not directly involve differentiation by location. Home delivery is a method of delivering products to customers' residences, offering convenience and potentially increasing revenue. However, it does not focus on variations specific to different locations.
In conclusion, option A, which refers to firms selling the same product at different outlets, is the correct example of differentiation by location. This strategy allows businesses to adapt to varying market conditions and customer preferences based on the specific locations where they operate.
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Each of the following is an example of how hashing is used except ______.
A. bank automatic teller machine (ATM)
B. verifying a user password entered on a Linux system
C. determining the integrity of a message
Answers
Bank automatic teller machine (ATM) is not an example of how hashing is used.
Hashing is a method of transforming data into a fixed-length, unique representation that can be easily compared for data integrity or password verification. It is commonly used to verify user passwords entered on a Linux system and to determine the integrity of a message, such as in digital signatures. However, it is not typically used in bank ATMs. Instead, ATMs typically use encryption to secure transactions and protect customer information.
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The practice of combining the price of several products into one price is called
A.bundling.
B.unit packaging.
C.market mix.
D.product mix.
Answers
Answer:D.product mix.
Explanation:
Is a 1979 one dollar coin rare?
Answers
The NGC Price Guide estimates that a circulating Susan B. Anthony Coin from 1979 is worth between $1.05 and $1.35 as of February 2023. On the open market, however, flawless, uncirculated 1979 D Silver Dollars can get up to $1950.
From 1979 to 1981 and again in 1999, the US Mint produced one-dollar coins honoring Susan B. Anthony. Although they are not frequently seen in circulation, they are rather ubiquitous and reasonably priced. There are select coins, nevertheless, that are worth more than your typical $1 Susan B. Anthony coin. If you have the correct knowledge, you can find out if you possess one of these priceless coins.
The United States Mint first made the Susan B. Anthony dollar available in 1979. They had high hopes for how well this new, smaller dollar would perform as legal tender in the US. To cut annual production costs by millions of dollars, the Treasury Department sought to eliminate paper dollar notes.
Although Susan B. Anthony's dollars are not typically collected by coin collectors, their appeal is beginning to grow. With a little assistance from your preferred coin dealer, you may easily finish a collection because the mint only made the coin for four years.
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How to study using a 450 pg online college textbook in which you are asked detailed questions and scenarios.. It's overwhelming.
Answers
Answer:
Explanation:
There are many things in life that will seem overwhelming due to the how large and complex all of the data may be. The best way to get through these moments is to divide the task into smaller parts and sit down and dedicate time to it. For such a textbook divide the total amount of pages and read a little bit at a time, take breaks, reflect on what you have read, answer practice questions, and continue to the next group of pages. You will see after getting started that it is not as overwhelming anymore.
Sam has take-home pay every month of $800. He anticipates that his expenses will add up to $675 for the month. In a zero-based budget, why is it important that she put the extra $125 in SOME budget category?
Answers
Answer:
see below
Explanation:
The Zero-based budgeting technique assumes there will be no balance bought forward nor balance carried forward. Budget preparation for a particular period must start from zero or scratch. Each expense must be on merit. Income and expenses must match. In the zero-based budget, the difference between income and expenditure must be zero.
If Sam has an income of $800 and expenses of $675, she has to re-work her costs again to ensure they match her income. The zero-based budget demands she draws her expenses list again and comes up with a way of spending the $125 difference.
Sunshine Furniture’s monthly productivity report is given below:
Sales of coffee tables:: 125,000 units Labor hours used: 10,000
Machine hours used: 5,000 Cost of raw materials (logs of maple
wood):
Answers
Sunshine Furniture’s monthly productivity report for coffee tablesSunshine Furniture’s monthly productivity report of coffee tables is as follows:
Sales of coffee tables: 125,000 unitsLabor hours used: 10,000Machine hours used: 5,000Cost of raw materials (logs of maple wood): Not givenCalculation of the following are as follows:Direct labor productivity: The direct labor productivity formula is given by the ratio of standard hours produced to actual hours worked.
Direct labor productivity = Standard hours produced / Actual hours worked. The direct labor productivity in this case is calculated as 125,000 / 10,000, which equals 12.5 units per labor hour. Machine productivity: The machine productivity formula is given by the ratio of standard hours produced to actual hours worked. Machine productivity = Standard hours produced / Actual hours worked. The machine productivity in this case is calculated as 125,000 / 5,000, which equals 25 units per machine hour.
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if a company sold merchandise for a $230,000 cash down payment and $310,000 on account and if the cost of the merchandise sold is $212,000, what is the amount of gross profit?
Answers
The amount of gross profit from the sale of merchandise for a $230,000 cash down payment and $310,000 on account, with a cost of goods sold of $212,000, is $328,000. The gross profit is calculated as total revenue minus the cost of goods sold.
The amount of gross profit can be calculated as follows:
Gross Profit = Total Revenue - Cost of Goods Sold
Total Revenue = Cash Down Payment + Accounts Receivable = $230,000 + $310,000 = $540,000
Cost of Goods Sold = $212,000
Gross Profit = $540,000 - $212,000 = $328,000
Therefore, the amount of gross profit is $328,000.
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The gross profit from the sale of items for a cash down payment of $230,000 and an account payment of $310,000, with a cost of goods sold of $212,000, is $328,000. The gross profit is computed by subtracting total revenue from the cost of products sold.
The amount of gross profit can be calculated as follows:
Gross Profit = Total Revenue - Cost of Goods Sold
Total Revenue = Cash Down Payment + Accounts Receivable = $230,000 + $310,000 = $540,000
Cost of Goods Sold = $212,000
Gross Profit = $540,000 - $212,000 = $328,000
Therefore, the amount of gross profit is $328,000.
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Hearts ‘R Us ("Hearts" or "the Company") is an early-stage research and development medical device company. Hearts has no current products in the marketplace but is in the final stages of going to market with the Heart Valve System. All preliminary trials have been approved by the FDA, and the Company is in the final trial; once the final trial is complete, the Company will present the product to the FDA for final approval. If approved by the FDA, the Heart Valve System will revolutionize the way medical professionals repair heart valve defects.
Answers
Full question attached
Answer and Explanation:
1. Hearts R Us should account for the preferred shares series A financing as equity at issuance since it is not mandatory to redeem at issuance according to ASC 480-10-15-3
2. Here Hearts R Us may have to reclassify the preferred shares series A financing from Bionic considering no FDA approval yet and the failure of the heart valve product. Bionic has the option/right to redeem at par value in the fifth year if there is no FDA approval and so Hearts R Us would have to buy back the security from Bionic at par value(amount sold to Bionic) and classify as common stock.
If someone hire you today, what are some skills that you have that you can use in the workplace?
Answers
Explains Brief introduction of the Apple company and its human resource management system. The pros and the cons of the company's HRM and the discuss the existing problems of the company's HRM and the solution and give the solution
Word limits: 4000 words
Answers
Introduction to Apple Company and its Human Resource Management System:
Apple Inc., commonly known as Apple, is a multinational technology company headquartered in Cupertino, California. It was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976. Apple is widely recognized for its innovative products such as the iPhone, iPad, Mac, and Apple Watch, as well as its software and services. The company has grown to become one of the most valuable and influential technology companies globally.
Apple's Human Resource Management (HRM) system plays a critical role in supporting the company's success and maintaining its competitive advantage. The company values its employees and recognizes the importance of attracting, developing, and retaining top talent. Apple's HRM system focuses on various aspects, including recruitment and selection, training and development, compensation and benefits, performance management, and employee engagement.
Pros of Apple's HRM:
1. Talent Acquisition: Apple has a rigorous recruitment process that aims to hire individuals who possess the skills, creativity, and passion necessary to contribute to the company's innovative culture.
2. Employee Development: Apple invests heavily in employee development programs, including training and leadership development initiatives. This helps employees enhance their skills, stay up-to-date with technological advancements, and pursue career growth within the organization.
3. Competitive Compensation: Apple offers competitive compensation packages, including base salary, bonuses, stock options, and benefits, to attract and retain top talent in the industry.
4. Performance Management: Apple emphasizes a performance-driven culture and regularly evaluates employee performance through objective measures. This allows for recognition of high performers and identification of areas for improvement.
Cons of Apple's HRM:
1. Work-Life Balance: Apple's intense work environment and demanding schedules may lead to challenges in maintaining a healthy work-life balance for some employees. Long working hours and high expectations can contribute to employee burnout.
2. Lack of Diversity: Apple has faced criticism for a lack of diversity in its workforce, particularly in leadership positions. The company has recognized this issue and taken steps to increase diversity and inclusion.
3. Limited Employee Involvement: Some employees have expressed a desire for more involvement in decision-making processes and a greater sense of empowerment within the organization. Apple's hierarchical structure and centralized decision-making may limit employee participation.
Existing Problems and Solutions:
1. Work-Life Balance: Apple can address work-life balance concerns by implementing flexible work arrangements, promoting a healthy work environment, and encouraging employees to prioritize self-care and well-being. The company can also establish clear guidelines on working hours and workload expectations.
2. Diversity and Inclusion: To address the lack of diversity, Apple should continue its efforts to improve representation across all levels of the organization. This can be achieved through targeted recruitment strategies, diverse interview panels, and inclusive leadership development programs.
3. Employee Involvement: Apple can enhance employee involvement by fostering a culture of open communication and collaboration. Encouraging employee feedback, soliciting ideas, and involving employees in decision-making processes can help empower and engage the workforce.
4. Training and Development: Apple can further strengthen its training and development programs by providing ongoing learning opportunities and career development pathways. This can include mentorship programs, skills enhancement workshops, and opportunities for cross-functional experiences.
In conclusion, Apple's HRM system has both strengths and areas for improvement. The company's focus on attracting top talent, investing in employee development, and performance management contributes to its success. However, challenges related to work-life balance, diversity, employee involvement, and training exist. By addressing these challenges through implementing flexible work arrangements, promoting diversity and inclusion, fostering employee involvement, and enhancing training programs, Apple can further improve its HRM system and create a more positive and inclusive work environment.
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Long Text (essay)
In at least one paragraph, explain what would happen to the agribusiness market if flooding affected the
grain harvest in Kansas.
Answers
Answer:
Flooding and wet weather are so costly to agricultural land because they cause delays in and reduction of crop harvest.
Explanation:
because amazon prime offers super-fast, free shipping, many other retailers have had to offer the same type of shipping in order to compete. this is an example of
Answers
Customers pay a charge to utilize items or to access premium services under this subscription-based business model.The basis of this business approach is to provide customers a sense of exclusivity and specialness.Amazon Prime is a good illustration of this membership business.
Amazon Prime is what kind of a program?For a yearly or monthly charge, clients can subscribe to Amazon Prime, which provides premium services.For a monthly subscription fee, Amazon Prime offers shipping reductions, free access to Prime Video, Twitch Prime, Amazon Drive, and 30 minutes of early access to Lightning Deals. Customers that use your product or service on a regular basis pay a charge in a subscription business model.Two excellent examples of subscription-based businesses are Netflix and Spotify. various subscriptionssubscription with a set usage.A fixed fee for a fixed amount of products or services over a specific period of time is offered by the fixed usage subscription model.subscription with unrestricted use.Pay-as-you-go-subscription.free-to-use model. Convenience is the primary factor that makes subscriptions appealing.Subscriptions enable businesses to generate recurring revenue while also giving customers consistent and predictable deliveries of content or goods, whether they are linked to a streaming service, SaaS product, or DTC retail brand. Subscription services enable users to fully control their usage from month to month, hence minimizing waste.This is quite advantageous in a world where we are concerned about climate change and preserving our planet for as long as possible.To learn more about subscription model refer
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Given the following income statement, what is the net income for a given accounting period assuming taxes are $25,000?
Answers
You can substitute the revenues and expenses from the income statement into the formula to find the net income for the given accounting period.
To calculate the net income for a given accounting period, we will follow these steps:
1. Identify the revenues and expenses in the income statement.
2. Subtract the total expenses from the total revenues.
3. Subtract the taxes from the result obtained in step 2.
Given that taxes are $25,000, follow these steps:
Step 1: From the income statement, identify the total revenues and expenses. Unfortunately, the income statement details are not provided in your question, so I'll use placeholders: Total Revenues (TR) and Total Expenses (TE).
Step 2: Calculate the income before taxes (IBT) by subtracting the total expenses from the total revenues:
IBT = TR - TE
Step 3: Calculate the net income (NI) by subtracting the taxes from the income before taxes:
NI = IBT - $25,000
Now, you can substitute the revenues and expenses from the income statement into the formula to find the net income for the given accounting period.
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You decide to put $5,000 in a savings account to save for a $6,000 downpayment on a new car. If the account has an interest rate of 7% per year and is compounded monthly, how long does it take until you have $6,000 without depositing any additional funds? 313. 464 years 31. 346 years 26. 122 years 2. 612 years.
Answers
The correct relevant amount of time taken by investment of $5000 to become $6000 will be 2.612 years. So the correct option that matches the quoted statement is D.
Compound Interest formula will be applied to calculate such investment to achieve the desired amount for the purpose of payment of down-payment of the car.
Compound Interest is basically referred to as the interest over the accrued interest achieved over such time frame over the top of interest received on principal amount of investment.The formula of compound interest compounded monthly is as given below,\(\rm Compound\ Interest= P(1+\ \dfrac {r}{n})^n^t\) Using the formula we can say that we require an interest of $1000 so that the amount becomes $6000. We can use the formula and put the values as under.\(\$1000= \$5000(1+ \dfrac{0.07}{12})^1^2^t\)This can also be written as,\(t = \dfrac {6,000.00/5,000.0}{12\×\ (1 + 0.07/12)}\)Calculating further, \(t = \dfrac {6,000.00/5,000.00} { 12\ \rm x\ (1 + 0.005833333)}\)Which comes down to, \(t= 2.612\ \rm Years\)So we can say that it takes 2.612 years to make such investment into $6000 at the interest rate of 7% which is compounded on a monthly basis.Hence, the correct option is C is that it will take 2.612 years to get returns as $6000 over such investment at the interest rate of 7 percent per year.
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11. What are assets?
Answers
I hope this helps
Answer:
I believe it's the last option.
Explanation:
An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit. Assets are reported on a company's balance sheet and are bought or created to increase a firm's value or benefit the firm's operations.
Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply
Answers
They earn the most money since skills also follow the law of supply and demand, so consumers are willing to pay more due to low supply
Name the one sport in which neither the spectators nor the participants know the score or
the leader until the contest ends.
Answers
Answer:
Boxing
Explanation:
what must you ask yourself when considering viewers?
Answers
When considering viewers, you must ask yourself questions such as:
1- Who is the intended audience for this content?
2- What is their age range?
3- What is their level of education or expertise on the topic?
4- What is their language proficiency?
5- What are their cultural backgrounds or sensitivities?
6- What are their accessibility needs (e.g., closed captioning for the hearing-impaired)?
7- What devices or platforms are they using to access the content?
8- What are their expectations or preferences for the format and style of the content (e.g., short vs. long form, visual vs. textual, interactive vs. passive)?
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Thomas and stephani are married with four qualifying children. Their earned income is 28500. Calculate the eic using the eic formula
Answers
Answer:
$6,557.
Explanation:
Following the eic formula, The eic of Thomas and Stephani filling as jointly married with over 3 children and an income < $55952 is = $6,557.
using the eic formula
= $6557
At November 30 , the cash balance per books was $10,873.80 and the cash balance per the bank statement w: $17,582.50. The bank did not make any errors, but Windsor, Inc. made two errors. Prepare the adjusting entries based on the reconciliation. (Note: The correction of any errors pertaining to recording checks should be made to Accounts Payable. The correction of any errors relating to recording cash receipts should be made to Accounts Receivable.) (Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 2 decimal places, e.g. 52.75.)
Answers
Based on the information provided, there are two errors made by Windsor, Inc. that need to be adjusted. To prepare the adjusting entries, the following accounts will be used:
Accounts Payable
Accounts Receivable
First, let's calculate the difference between the cash balance per books and the cash balance per the bank statement:
Cash balance per bank statement - Cash balance per books = $17,582.50 - $10,873.80 = $6,708.70
This amount represents the reconciling items that need to be adjusted.
Error 1: A check for $1,000 was recorded as $100 in the company's books.
To adjust for this error, we need to increase the Accounts Payable account by $900 and decrease the cash balance by $900.Error 2: A deposit of $500 was recorded as $5,000 in the company's books.
To adjust for this error, we need to increase the Accounts Receivable account by $4,500 and increase the cash balance by $4,500.Accounts Receivable $4,500 Cash $4,500 After these adjustments, the cash balance per books should match the cash balance per the bank statement. Note: It is important to ensure that the adjustments are made in the correct accounts to maintain the accuracy of the financial records.
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Some of the most famous and successful entrepreneurs, like Steve Jobs or Richard Branson, never finished or went to college. How do you think they managed to become so successful? Why doesn’t this work for everyone?
Answers
This, only came his way and his schedule. Having an idea to back you up that many people rely on (like the mop or TV) can be all sorts of useful and successful. If known how to market it right.
Most businesses fail because they fail to see the newer “trends,” like let’s say if it’s a clothing market.
Things are constantly changing and some people don’t want to keep up with that due to laziness.
College, is only important and really required for fields like medical services, engineering, and all related in that spectrum.
Self business is more reliant on how you execute it. Though, a degree can show you as a promising worker because your dedication to getting work done in a prime of 4 years.
is dispute a letter?
Answers
Suppose that there are small, but nontrivial, barriers to entry into
a monopolistically competitive market. How would this affect the long-run
profitability of firms in the market? It’s
Answers
Answer:
Firms make normal profits
Explanation:
Monopolistic competition is characterized by many firms selling similar but differentiated products. Each firm sets its price because they sell slightly different products. There are insignificant or no barriers to entry or exit in a monopolistic competition.
It is possible to make abnormal profits in monopolistic competition in the short run. Due to ease of entry and exit, a firm with abnormal profits will face competition from new entrants. In the long-run, no firm will dominate the market, which means all firms will be making normal profits.
Why is communism disappearing?
Answers
Answer:
communism is disappering Because of the overpowering status of Capitalism.
Explanation: