Bachelor degree in accounting. it makes the most sense
401(k) is an employer-provided plan, IRA isn't.
Answer:
Price will not change
Explanation:
A perfectly competitive market is a market where there are many firms that produce and sell similar products, no barriers to entry and exist, all firms are price takers and none of the firms is big enough or has the power to influence the market or change the price in the market.
The implication is that a firm can decide to increase its output to any level in perfectly competitive market market, but this increased out can only be sold at the market price which it has no power to change.
Therefore, if Glass Inc. Glass Inc. increases production to 120 window panes from 80, the price will still remain at $60, every other thing remain constant.
I wish you the best.
Answer:
The correct answer is option d.
Explanation:
A production possibility frontier shows a different combination of two goods that can be produced using all the available resources and level of technology.
As the production of one good is increased the opportunity cost of giving up its alternative goes on increasing. In other words, as we go on increasing production of one good we need to give up more of the other because of the scarcity of resources.
