<span>The viability and relevancy of insurance products is used to protect your business in case if you specialized on manufacturing unusual products and provides maintain stability of your production.</span>
Answer:
(i)New firms will enter the market.
(iii)In the long run, all firms will be producing at their efficient scale
Explanation:
A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market price is set by the forces of demand and supply.
If firms are earning positive profits, in the long run new firms would enter into the industry and this woold drive positive profits to zero. As a result , firms would be operating at the efficient scale.
I hope my answer helps you
<span>b. debit interest receivable for $500 and credit interest revenue for $500
</span>
<span>The largest cattle rancher in a given region will be unable to have a __________ when sufficient numbers of smaller cattle ranchers provide sources of competition.
Monoply
</span>
Explanation:
Following is the correct matching of different social media activities with the objectives of the company.
Releases videos of its new, high tech smartphone manufacturing facility
To give consumers a peek into its operations
Hosts an online sweepstakes and gives the winners an extended warranty on a smartphone model
To increase brand loyalty
Gives bloggers a new smartphone handset before the model is on the market
To create consumer awareness about a new product
Ask customers to determine their next model using hashtag #NEWMODEL
To allow consumers to be part of product development
