Answer:
shutdown in the short run
Explanation:
A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
A firm should shut down in the short run if price is less than average variable cost.
for T-Shirt Enterprises, price is $2 which is less than average variable cost
Answer:
A tariff has a postive impact when it comes to safeguarding and having an income
Explanation:
A tariff is a tax put on imported or exported goods to protect the goods and earn money. This can be used as a source of income as many states in the US do so.
- A franchise allows owners to be their own boss however they must still follow the rules and regulations and procedures of the franchise. In most franchises the owner must pay a large sum of money to buy into the franchise and share profits or pay royalties to the franchisor based on sales, not profits.
- In a partnership, two or more people pool their money and credit to start the business.
<u>Answer:</u>
The actions commanders can take that will help them organize and interface with the myriad of relevant players and information flows are:
- delineating staff interface responsibilities and designate LNOs
- avoiding using Foreign Disclosure Officers (FDOs) as part of their staff
- reducing reliance on e-mail for sharing information
<u>Explanation:</u>
With the many different compartmentalized procedures and techniques each player brings, commanders at each level can achieve situational awareness. Experience, expertise, and viewpoints can be consolidated across many players working together and dialoguing. The Commander is one of Squad's play most important roles, since the stance holds power over all other player in the game. Players must obey orders from their Squad Lead and Squad Leads must obey orders from the Commanders.
Answer:
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