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Korolek [52]
2 years ago
5

An economy produces only apples and oranges. The base year is 2012, and the table gives the quantities produced and the prices

Business
1 answer:
Mashutka [201]2 years ago
6 0
Iuuu is bigger then her
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In a negligence action in a jurisdiction that had adopted comparative negligence, a jury rendered a verdict that the plaintiff s
FromTheMoon [43]

Answer:<em><u> The testimony of the jurors is not  admissible, because a juror cannot testify as to any juror’s mental processes concerning a verdict.</u></em>

<em>Juror needs to follow a basic rule i.e. he/she can't impeach their own verdict.  He/she cannot take the stand due to the mental activity that he/she or other juror used in concluding a verdict.. </em>

4 0
3 years ago
In​ long-run equilibrium, all firms in the industry earn zero economic profit. Why is this​ true? All firms in perfectly competi
zvonat [6]

Answer:

D. if profit were​ positive, then firms would​ enter, decreasing​ price, and if profit were​ negative, then firms would​ exit, increasing price.

Explanation:

Perfectly competitive firms are price takers, hence they cannot influence the price of their products.

Perfectly competitive industries have no barriers to entry or exist of firms ,so if in the short run, firms are earning economic profit, then firms would​ enter into the industry , decreasing​ price, and if profit were​ negative, then firms would​ exit, increasing price. This makes perfect competitive firms to earn zero economic profit in the long run.

8 0
3 years ago
The discount rate is the interest rates on loans that the Federal Reserves makes banks. Banks occasionally borrow from the Feder
Kaylis [27]

Answer:

Explanation:

The discount rate is the interest rates on loans that the Federal Reserves makes banks. Banks occasionally borrow from the Federal Reserve when they find themselves short on reserves. A higher discount rate decreases banks' incentives to borrow reserves from the Federal Reserve, thereby reducing the quantity of reserves in the banking system and causing the money supply to fall

The federal funds rate is the interest rate that banks charge one another for short term loans. When the Federal Reserve uses open-market operations to buy government bonds, the quantity of reserves in the banking system increases, banks' demand for borrowed reserves declines , and the federal funds rate decreases.

6 0
3 years ago
Consider a competitive market with a large number of identical firms. The firms in this market do not use any resources that are
lozanna [386]

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a. increase price in the short run but not in the long run.

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The firms don't use resources that are available in limited quantities. So, as firm output increases, they can use resources in higher quantity but at the same price.

Therefore, as quantity demanded increases, the firms can supply higher quantity without any increase in resource cost. So, price  increase in short run but not in the long term.

4 0
3 years ago
Scenario planning is a useful technique for firms competing in industries characterized by __________ and ____________.
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The blank spaces will be filled by these words:
1) U<span>npredictability
2) Change

Scenario planning or as is alternatively called Scenario thinking, is a vital planning strategy which is used by some associations to make adaptable long term plans. It is an adjustment and adaption of classical techniques used by military intelligence.
</span>
6 0
3 years ago
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