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andreev551 [17]
4 years ago
14

Profits encourage entry into purely competitive industries and losses encourage exit from purely competitive industries because

Business
1 answer:
inn [45]4 years ago
8 0

<u>Answer:</u>

<em>C) When profits are zero, the firm is earning sufficient revenue to cover the opportunity cost. </em>

<em></em>

<u>Explanation:</u>

When benefits are zero, the firm is gaining adequate income to cater for the open door expense. Misfortunes bring about exit and discharge assets to stream to business sectors where there are benefits. Minimal income and negligible expenses are equivalent; some other yield levels will bring about decreased interest.  

Since quite a while ago running a focused balance, a firm is winning zero financial benefits as they won't keep on delivering because it could procure a superior return in another industry. Keep on creating because such interest relates to negative bookkeeping benefits.

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3 years ago
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what are checkable deposits? multiple choice question. claims that depositors have against the assets of the bank claims that th
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Checkable deposit claims that depositors have against the assets of the bank. Thus, option 'A' is the correct option.

<h3>What are Checkable Deposits?</h3>

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7 0
1 year ago
The following errors took place in journalizing and posting transactions:
kirill115 [55]

Answer: See explanation

Explanation:

The journal entry to correct the errors is given below:

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3 years ago
Because customers participate directly in the service process, the success of technological innovation is dependent upon:
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4 years ago
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