Answer:
<em>c</em><em>.</em><em> </em><em>e</em><em>x</em><em>p</em><em>a</em><em>n</em><em>s</em><em>i</em><em>o</em><em>n</em><em>a</em><em>r</em><em>y</em><em>.</em>
Explanation:
<em>t</em><em>h</em><em>e</em><em> </em><em>g</em><em>o</em><em>a</em><em>l</em><em> </em><em>o</em><em>f</em><em> </em><em>e</em><em>x</em><em>p</em><em>a</em><em>n</em><em>s</em><em>i</em><em>o</em><em>n</em><em>a</em><em>r</em><em>y</em><em> </em><em>f</em><em>i</em><em>s</em><em>c</em><em>a</em><em>l</em><em> </em><em>p</em><em>o</em><em>l</em><em>i</em><em>c</em><em>y</em><em> </em><em>i</em><em>s</em><em> </em><em>t</em><em>o</em><em> </em><em>r</em><em>e</em><em>d</em><em>u</em><em>c</em><em>e</em><em> </em><em>u</em><em>n</em><em>e</em><em>m</em><em>p</em><em>l</em><em>o</em><em>y</em><em>m</em><em>e</em><em>n</em><em>t</em><em>.</em><em> </em><em>t</em><em>h</em><em>e</em><em>r</em><em>e</em><em>f</em><em>o</em><em>r</em><em>e</em><em> </em><em>t</em><em>h</em><em>e</em><em> </em><em>t</em><em>o</em><em>o</em><em>l</em><em>s</em><em> </em><em>w</em><em>o</em><em>u</em><em>l</em><em>d</em><em> </em><em>b</em><em>e</em><em> </em><em>a</em><em>n</em><em> </em><em>i</em><em>n</em><em>c</em><em>r</em><em>e</em><em>a</em><em>s</em><em>e</em><em> </em><em>i</em><em>n</em><em> </em><em>g</em><em>o</em><em>v</em><em>e</em><em>r</em><em>n</em><em>m</em><em>e</em><em>n</em><em>t</em><em> </em><em>s</em><em>p</em><em>e</em><em>n</em><em>d</em><em>i</em><em>n</em><em>g</em><em> </em><em>a</em><em>n</em><em>d</em><em>/</em><em>o</em><em>r</em><em> </em><em>a</em><em> </em><em>d</em><em>e</em><em>c</em><em>r</em><em>e</em><em>a</em><em>s</em><em>e</em><em> </em><em>i</em><em>n</em><em> </em><em>t</em><em>a</em><em>x</em><em>e</em><em>s</em><em>.</em><em> </em>
If all firms only earn a normal profit in the long run, firms will develop new products or lower-cost production methods because they can innovate and possibly earn an economic profit in the short run.
Explanation:
Competition involves constant efforts by companies and executives to do more than the loss (normal gains) of new goods or by improving ways to manufacture current products at lower prices. Therefore, if businesses can invent, they will achieve short-term economic advantage.
Economic benefit encourages entry, economic losses lead to exit and firms in a highly profitable market earn little economic income in a long-term equilibrium. In an industry where inflation does not change the costs of materials (a market with a constant cost), the long-term supply curve is a horizontal line.
Answer:
Aristotle argues that what differentiates human beings from other animals is the human reason.
Explanation:
"Good life" can be seen as the one in which a person understand and exercise their rational faculties. The word "good" can be used to show moral approval. Therefore, for someone to be called good, they must have possessed and practiced many important virtues and not pursuing their own pleasure all the time.
According to Aristotle, happiness consists in achieving all the goods like health, wealth, knowledge, friends etc throughout a lifetime. He sees happiness as the central purpose of human life.
Aristotle believes that the highest good is a solitary nucleus which all other goods are acted upon and this highest good is happiness.
Answer:
Dustup forgot to the consumers if the add-on will give them more satisfaction from using their product.
Explanation:
The market is always king. Getting first-hand information about what consumers need and how they need it is the best way to go about creating a product or modifying an existing one to become more profitable.
The removal of the brochures from the bottles showed that shoppers didn't necessarily want their product. What they wanted was to be able to make contact with the company and get more information on how to revive their old wooden floors.
Cheers!