<u>Solution and Explanation:</u>
(a). Firm in perfect competition produces at minimum efficient scale, MEC where average cost AC is minimum. The price is determined by the market supply and demand.
(b) Note that q1 is at the minimum of AC while Q* is to the left of q1. Similarly, P1 is equal to MC while P* is higher than MC. This shows that firms in perfect competition produce more and charge less than the firms in monopolistically competitive market.
(c) All firms in monopolistically competitive market as well as perfectly competitive market earn zero economic profit in the long run. This is because there is a free entry and exit
(d) Demand is steeper for firms in monopolistically competitive market so that demand is elastic. Demand is horizontal for any quantity which means it is perfectly elastic for a firm in competitive market.
The user manual and the service manual are two resources
that are useful in terms of disassembling the laptop computer. It is because
the service manual and the user manual were able to provide instructions and
specifications for repairing or being able to maintain the laptop and the way
of providing a manual in having to assist a person in technical issues and use.
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Answer:i dont answer
Explanation:alot of sbhbb b cn n ncn nc nccnx n c zcx nzv zxcv zcv cvzcv zxcbzv CVzxv z xcvzxcv xczv zcvzxcv zxcvzxcv zxcv xzcv zxcvzxcv zcvz cvxcvzxcv zcvxzcv zxvczxcv zx v v v v v zxc v zxcv zc xv zxcv zxcvzxcv zxc zxcv zcv zxcvz xv zxv xc vxcnvcnxv xz v nvn cx cx c xc xc x xvn.
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Advertising will be effective if its production and placement must be based on a knowledge on a public and skill use of the media. Advertise are based on consumer's behavior and demographic analysis of a market area.
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Option 1: they can pay Sadie $5 per haircut plus 20% of their revenue.
Option 2: they can pay a flat chair rental of $1,000 per month.
The hairdressers charge their customers $40 per haircut.
Option1= 5*cut + 8*cut= $13 per cut
Option 2= $1000
1000= 13x
77=x
77 haircuts.
