1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mash [69]
3 years ago
8

Assume that the market for soybeans is purely competitive. currently, firms growing soybeans are experiencing economic profits.

in the long run, we can expect:
Business
1 answer:
aleksley [76]3 years ago
4 0

In the long run, we can expect: new firms to enter, and the industry’s supply to increase.

The supply would increase as new firms will try and enter the same business and they will be producing soybeans too. We have to assume that these firms have recently found out that growing soybeans will mean an increase in economic profits.

You might be interested in
In the long run firm a incurs total costs of $1200 when output is 30 units
Solnce55 [7]
Finally times with and then multiply that and then I had to add and friend the x and then multiply
4 0
3 years ago
According to the video, which activities are Executive Secretaries and Administrative Assistants likely to do? Check all that ap
Nuetrik [128]

Answer:

1 2 3

Explanation:

I was right 2020

8 0
4 years ago
Read 2 more answers
Rugged Bikes, Inc., makes Rugged-brand bicycles and accessories, which are distributed to authorized dealers, including Super Sp
postnew [5]
This is a territorial restriction.
It even says in the text - territorial restriction refers to when a certain company forbids another company to sell its products in a certain location, because it will interfere with the first company's profits. The same thing happened here, because they don't want any competition on the market.
8 0
3 years ago
The marketing manager for Gillette razors is attempting to determine a sales estimate for the line of products that provide men
dusya [7]

Answer:

The correct answer is letter "A": company sales potential; market potential.

Explanation:

Company sales potential is the expected amount of sales of a company given a specific sector in the market. It is presumed that the company has carried out marketing strategies and investment for the levels desired to be achieved. In the example, that level is 20%.  

The market potential is the size of the market for a given product within a period of time. It is usually expressed in monetary terms since it expresses the number of sales value or volume during the period. In the example, that amount is $30 million dollars.

6 0
4 years ago
Joshua is 25 years old and has a high risk job making $72,000 a year. The insurance company charges him an extra 20% on top of h
klio [65]

The correct answer is D. The annual premium for the cheapest policy is $6,644.

A life insurance policy can pay out in the event of the insured's death, whether or not before a specific date, or if the insured is alive on a specific date.

A life insurance policy can also be a mixture of both, in that case it pays out both when you are alive and when you die earlier. Finally, a life insurance policy can provide a periodic payment as long as the insured person is alive or precisely from the moment the insured person dies.

Learn more about insurance in brainly.com/question/13293881

4 0
3 years ago
Other questions:
  • QN=17 P&G introduced its Duncan Hines ready-to-spread frosting in a small geographic area. When General Foods became aware o
    13·1 answer
  • Nathanael runs a government auto repair shop in the fictitious country of Zamiland. He would love to own his own shop, but he wo
    14·1 answer
  • The MoMi Corporation’s cash flow from operations before interest and taxes was $5.6 million in the year just ended, and it expec
    6·1 answer
  • Baby jasmine wakes up every 2 hours to be fed, but she sleeps for about 18 to 20 hours a day. jasmine is:
    14·2 answers
  • What is the approach that scrum encourages when a team determines it will be difficult to deliver any value by the end of a spri
    11·1 answer
  • Physical activity is defined as:
    15·1 answer
  • How does self interest guide a market based system?
    9·2 answers
  • What is the author's main claim or argument?<br> Pizza is the best
    5·1 answer
  • In general, what kind of people earn the most money? (5 points)
    12·2 answers
  • Explain five reasons the government offers training to business people ​
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!