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MaRussiya [10]
1 year ago
13

If in the short run, firms in monopolistic competition _________, new firms will enter the market.

Business
1 answer:
alukav5142 [94]1 year ago
7 0

If in the short run, firms in monopolistic competition make an economic profit, new firms will enter the market.

A firm is a for-profit business organization—such as a company, limited liability company (LLC), or partnership—that provides skilled services. Most companies have only 1 location.

Companies during a monopolistic competition build economic profits within the short run, however within the long-standing time, they create zero economic profit. The latter is additionally a result of the liberty of entry and exit within the trade. Restaurants, hair salons, home items, and clothing are examples of industries with monopolistic competition.

To learn more about Firm here

brainly.com/question/15968468

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vovangra [49]

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7 0
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3 years ago
1) What are the three primary determinants of behavior in organizations?
scoray [572]

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3 years ago
Which of the following statements is false about the order in which management determines the sequencing of support department a
GaryK [48]

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Explanation:

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The statement that is false about the order in which management determines the sequencing of support department allocations under the sequential method of allocating support department costs to production departments is that the departments with more employees are allocated earlier.

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4 0
2 years ago
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Explanation:

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<em>The above would therefore be Andrew's taxable gift amount. </em>

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