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Feliz [49]
1 year ago
8

The force that leads to zero economic profits for monopolistically competitive firms in the long run is:_________

Business
1 answer:
KonstantinChe [14]1 year ago
7 0

For monopolistically competitive businesses, the factor that ultimately causes zero economic profitability is: newly added

What Exactly Is Economic Gain (or Loss)?

The difference between the money made from selling an output and the price of all the inputs plus any opportunity costs is what is known as an economic profit or loss. By deducting potential costs and explicit costs from generated revenue, economic profit is calculated.

Opportunity costs are a kind of implicit cost that management determines and that vary depending on various events and viewpoints.

Analysis of accounting profit and economic profit frequently goes hand in hand. The profit that a corporation reports as accounting profit appears on its income statement. Accounting profit is a measure of actual inflows and outflows that is necessary for a company to have financial transparency.

To know more about economic profitability

brainly.com/question/15867127

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Elroy is the sole proprietor of a gift shop in a small shopping center. Because he is a sole proprietor, any profit Elroy's busi
USPshnik [31]

Answer:

B)taxed only as Elroy's personal income.

Explanation:

A sole proprietorship is owned by one person known as the sole proprietor. His profits are taxed once as personal income. A sole proprietorship doesn't have investors.

I hope my answer helps you

3 0
3 years ago
(i) The equity of John Blunt limited have a total market value of $86,000. Currently, Blunt limited has excess cash of $6,000 an
Ad libitum [116K]

Answer:

6.98%

Explanation:

Blunt's total market value = $86,000

stocks outstanding = 1,500

market value per share = $86,000 / 1,500 = $57.33

excess cash = $6,000

excess cash per share = $6,000 / 1,500 = $4

if excess cash is distributed, the price per share will decrease by $4 or by $4 / $57.33 = 6.98%

if instead of distributing excess cash among stockholders, the company repurchased treasury stock, then the stock price would probably increase, instead of decreasing.

7 0
4 years ago
Over the last half century, the percentage of the U.S. labor force working in manufacturing thas
Semmy [17]
B definitely b because why not
7 0
4 years ago
Societies make choices about goods and services based on the availability of A. land B. workers C. resources D. new technology P
kati45 [8]

Answer:

c

Explanation:

Resources are means or factors used to produce goods and services that satisfy human wants.

Human wants and that of the society is unlimited but the resources available to satisfy these wants are limited. As a result, economic agents must make decisions based on the availability of resources.

Resources include :

Land are natural resources used to produce goods and services e.g. gold mine

Labor is the effort used by people in  the production of goods and services.

Capital includes machinery and man made resources used in production e.g. hammer

An entrepreneur is a person who combines the other factors of production together

8 0
3 years ago
30points
koban [17]

Answer: C

Explanation:

8 0
3 years ago
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