A feature of imperfect competition is <u>economies of scale</u>, which means that as the firm expands its production, average costs of production fall. Therefore, the firm can <u>decrease</u> its costs of production by selling internationally.
Limits are the outer boundaries of a group in regard to behaviors that will be accepted within the group.
<u>Answer:
</u>
Most entrepreneurs believe that profit is what matters most, but cash is the most important financial resource for a small business owner.
<u>Explanation:
</u>
- The major reason the entrepreneurs believe that profit matters the most because that is the sole factor in most cases that the run their businesses for.
- Most entrepreneurs fail to realize that as long as there is liquidity in the business, the business will thrive. This liquidity in the business comes from the flow of cash.
<u><em>Answer: </em></u>
<em>Answer choice: D. All of the above</em>
<u><em></em></u>
<u><em>Explanation:</em></u>
<em> When designing a personal fitness program you should take into consideration the three given factors should be considered when designing a personal fitness program. In planning a personal fitness program, one must consider the goals they are aiming to complete, they must also consider the activities suited to for their goals, and lastly they must consider a variety of exercises for their personal fitness program.</em>
<u><em /></u>
<u><em /></u>
<u><em /></u>
Answer:
a belief in supernatural story