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weeeeeb [17]
1 year ago
9

describe the difference in economic profit between a competitive firm and a monopolist in both the short and long run. which sho

uld take longer to reach the long-run equilibrium? in the short run, both monopolists and competitive firmscan earn positive economic profits. in the long run,monopolists, but not competitive firms can earn a positive economic profit. true or false: the adjustment to long-run equilibrium takes the same amount of time for monopolies and competitive industries. true
Business
1 answer:
bogdanovich [222]1 year ago
8 0

A company in monopolistic opposition produces an allocatively green output degree even as a company in best opposition produces a productively green output degree.

The long-run equilibrium answer in monopolistic opposition usually produces 0 monetary income at a factor to the left of the minimal of the common overall value curve. The life of excessive limitations to access prevents corporations from coming into the marketplace even withinside the long run.  

Therefore, it's far viable for the monopolist to keep away from opposition and hold making tremendous monetary income withinside the long run. One feature of a monopolist is that it's far a income maximizer. Since there's no opposition in a monopolistic marketplace, a monopolist can manage the charge and the amount demanded. The degree of output that maximizes a monopoly's income is calculated through equating its marginal value to its marginal revenue.

Learn more about company in monopolistic here:
brainly.com/question/25717627

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During a recession, a number of workers have their hours reduced by their employers. All else the same, the unemployment rate wi
devlian [24]

Incomplete question. I answered from a general economic standpoint.

Answer:

<u>stay the same; decrease</u>

Explanation:

<em>Remember</em>, in this scenario, it wasn't as though the mentioned workers lost their jobs, they only had their hours reduced by their employers; so they are not <u>unemployed</u>. This, therefore, implies that the unemployment rate will stay the same.

The labor force participation rate in simple words refers to the percentage of those who are currently employed or looking for a job within an economy. If the working hours are reduced, it may diminish the zeal among the workforce of an economy to work or find work because <u>they may perceive they''ll earn less.</u>

6 0
3 years ago
What is the purpose of NCUA Lending Regulations?<br> plato ❤️
wariber [46]

Answer:

The National Credit Union Association is a entity that monitors and regulate the Credit Unions which are organizations that are part of a cooperative and give credit to its members.

It was created in 1934 by the president Franklin Delano Roosevelt.

5 0
3 years ago
Read 2 more answers
On january? 1, 2017, dodge company purchases? $90,000, 7% bonds at a price of 86.4 and a maturity date of january? 1, 2027. dodg
andreev551 [17]

We should note that the bond investment account is recorded at cost by the Bondholder or Investor.

The cost or price is calculated as:

Cost = $90,000 * 86.4%

Cost = $90,000 * 0.864 = $77,760

Therefore, the entry to record should be:

<span>debit Held-to-Maturity Investment in Bonds for $77,760 and credit Cash for $77,760</span>

4 0
4 years ago
Jamal is using a security classification guide (SCG) to assist in marking information from a source document. Which best describ
Viktor [21]

If Jamal is using a security classification guide (SCG) to assist in marking information from a source document. What describes Jamal's work is: Derivative Classification.

<h3>What is Derivative Classification?</h3>

Derivative Classification can be defined as the process of classifying security information or data so as to enable easy marking of information from the source document or source information.

Based on the information given jamal is making use of Derivative Classification as this will enable him to know whether the information in the document has been classified.

Therefore what describes Jamal's work is: Derivative Classification.

Learn more about Derivative Classification here: brainly.com/question/14294203

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3 0
2 years ago
Item 2 Carol and Evan recently had their first child. As two working parents, they struggled to find good, economical child care
Rina8888 [55]

Answer:

Sharing Economy

Explanation:

Based on the information provided within the question it can be said that this is an example of the Sharing Economy. This term refers to a different and unique way of distributing goods and services that is different from the traditional methods or models that companies use today when dealing with hiring employees and/or selling their product. Which is what Carol and Evans are doing by developing their own software.

8 0
3 years ago
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