"there is no incentive for firms to enter or exit the industry in the long" run when

1 answer:

8 0

There is no incentive for firms to enter or exit the industry in the long run when there is a competitive equilibrium or perfect competition. Perfect competition is when the market price of an item is controlled by the buyers and the sellers. There are tons of people wanting to buy and selling similar products and the are all equally fighting for the same target market.

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The price elasticity of demand for soft drinks has been estimated to be 0.55. if the government enacts a major increase in the t

Artyom0805 [142]

It definitely would be bad for most people. It would increase the price on a very common item that the majority of the population consumes and that would be harmful to the economy in an important aspect of the economy. It might also even limit the diversity of flavors and brand innovation.

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4 years ago

assume that your publicly traded company attempts to be completely transparent about its financial condition, and provides thoro

snow_tiger [21]

Answer:

A company's stock price is defined by the demand the market has over it, by the analyst researching it and their forecast of growth, as well as the performance of the company at generating income.

Explanation:

The P/E ratio or price over earnings ratio is the ratio that explains the price of a stock. We take the price of the stock and then divide it by the earnings per share obtained by quarter and then by year when the fiscal year is over. It is influenced by the demand of the stock in the markets, by the projection analyst may have after researching the company and by the income, the company generates. Today there is an overvaluation of the stocks in all the markets. However by following the advice of W. Buffett and Peter Lynch, as well as Soros we can find undervalued stocks.

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3 years ago

Which describes the buying formula theory of selling? A. Buying decisions depend on four elements: drive, cues, response, and re

Amanda [17]

B. The prevailing circumstances act as stimuli to the buyer's responses

Explanation:

Circumstances the buyer finds himself can determine a buyer's response.

For example if the buyer finds that he needs the product or service for him/her to have comfort or even to continue living it will stimulate him/her to make the purchase.

#learnwithbrainly

6 0

3 years ago

Read 2 more answers

If the supply curve and the demand curve for lettuce both shift to the left by an equal amount, what can we say about the result

Anna [14]

Answer:

d. The price will stay the same, but the quantity will increase.

Explanation:

When the demand and supply both fall, the equilibrium quantity will definately fall but the price will remain the same. The new supply adapts to the reduction of the demand.

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3 years ago

Which of the following is not an example of an unhealthy company culture?

vampirchik [111]

Answer: The following is not an example of an unhealthy company culture: A slowly evolving culture

In the given question it can be stated that apart from option (d) , all other option are an example of an unhealthy company culture. This is so as, the slow evolving culture in an organization is still open to change and does adapt to the need of the surroundings as time evolves, whereas; other given option does not.

Therefore , the correct option in this is (d)

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3 years ago