The reason why the entry and exit of firms in a purely competitive industry helps to improve resource allocation is because the losses result in exit and release resources to flow to markers where there are profits.
<h3 /><h3>How can the purely competitve market be beneficial?</h3>
Purely competitive industries allow for easy entry and b which leads to many firms coming into the market.
As a result, there is too much supply which leads to losses when prices drop.
As the companies suffering losses leave the market, they then invest in other markets where there are profits thereby reallocating resources.
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This process of evaluating the companies for acquisition is best known as A. Due diligence.
<h3>What is corporate acquisition?</h3>
Corporate acquisition refers to the corporate act of taking over another company for business expansion and other strategic intents.
To make a successful acquisition, the acquiring company carries out due diligence by evaluating potential acquisition candidates.
<h3>Question Completion with Answer Options:</h3>
A. Due diligence
B. Market intelligence
C. Consultation
D. Market evaluation
Thus, this process of evaluating the companies for acquisition is best known as A. Due diligence.
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It is the property taxes that go along with the mortgage monthly payment
So the answer is C: Property taxes
The lender will generally set up an escrow account to cover for the property taxes and pay these items on your behalf when they are due
Answer: Trade obstacle
Explanation:
From the information given, we can infer that the demands are examples of trade obstacle.
Trade obstacles refers to the barriers which hinder a trade or the restrictions on an international trade. Trade obstacles can be tariffs or other non-tariff methods. Trade obstacles lead to difficulties in the sale of a product to other countries.
Answer:
A.
The output will rise by more than it did when the previous unit was added.
Explanation: