1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
svet-max [94.6K]
4 years ago
12

When profit-maximizing firms in competitive markets are earning profits, market demand must exceed market supply at the market e

quilibrium price. market supply must exceed market demand at the market equilibrium price. new firms will enter the market. the most inefficient firms will be encouraged to leave the market?
Business
1 answer:
ella [17]4 years ago
4 0
The correct answer is " new firms will enter the market"
You might be interested in
A communication channel that allows recipients to receive not only the words in the message but also to hear the tone of voice a
NARA [144]
<span>Media is indeed one of the most influencial communication channels today. Be it through the internet, TV, or radio, the information that the media releases can have a big impact to the entire public's opinions, mindset, and decisions. 

Thus, it's very important that the media stays truthful no matter what. Distortion of information could lead to unfavorable circumstances like misled public awareness or public ignorance. The existing quality of media we have today isn't perfect, and it takes everything to change it. </span>
4 0
3 years ago
A shoe company's ads feature the members of a popular country music band. Product sales increase significantly among the band's
ruslelena [56]

Answer: (B) Reference group

Explanation:

 A reference group is basically refers to the individual and the group that is specifically used for the comparison purpose. It is one of the type of group that share a common attitude, beliefs and the behavior for making the various types of decisions.

 According to the given question, a shoe's company is one of the most popular music band as the products sales of the company significantly increase. Then, from the fans point of views the band is refers to the reference group.

 Therefore, Option (B) is correct answer.  

4 0
3 years ago
A company that manufactures bicycles has a fixed cost of ​$90000. It costs ​$100 to produce each bicycle. The total cost for the
Paul [167]

Solution:

The total cost for the company is the sum of its fixed cost and variable costs.

Corporate expenditures that do not depend on the amount of goods or services provided by the company are fixed costs.

Variable costs are expenses that change when changes occur in the sum of the good or service produced by a company.

C(x) = 90000 + 100x

C(110) = 90000 + 100 ( 110 )

C(110) = 90,000 + 11, 000 = 101,000

It costs $101,000 to produce 110 bicycles.

4 0
3 years ago
The ______ must decide which tasks should be done in-house and which tasks should be done by subcontractors or consultants.
vitfil [10]

The answer to the blank space of the statement is project manager.

A project manager is a person whose <u>main responsibility is to manage the planning, procurement, and execution of a project from start to finish</u>. This also includes determining what milestones can be managed in-house (by people inside the company) or should be done by subcontractors or consultants.

8 0
4 years ago
A company had sales revenue of $900,000 for the year. In addition, the following information is available related to the cost of
Y_Kistochka [10]
I uploaded the answer
7 0
3 years ago
Other questions:
  • The stock market is experiencing a bear market. Trading volume has been high for weeks. Even the most stable stocks are feeling
    7·1 answer
  • A ledger: Select one:
    8·1 answer
  • Dane works as a sales representative for the Better Butter Company. He is about to meet with his manager to review his progress
    5·1 answer
  • Doug and Sue Click file a joint tax return and decide to itemize their deductions. The Clicks' income for the year consists of $
    5·1 answer
  • According to the new approaches to determining the success of an expatriate's assignment, the assessment of an expatriate's succ
    5·1 answer
  • What are the advantages of a Free Enterprise system to consumers?
    11·2 answers
  • To obtain the dollar sales volume necessary to attain a given target profit, which of the following formulas should be used? Mul
    10·1 answer
  • According to the numbers in the article Group of answer choices smoking among adults is elastic because the percent change in pr
    15·1 answer
  • Tony is most nervous about doing a good job delivering the information that he has, so his concerns relate to the
    5·1 answer
  • Why is the ability to maintain attention especially important in middle childhood? because ____.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!