Answer:
could likely result in a notable loss of sales to competitors
Explanation:
In the case of the perfect competitive market wheen the price of the firm is increased from $179 to $199 as compared to the prevailing market price so this means that there should be the loss with respect to the sales for the competitors or rivalrs as this would result the firm to lose its overall shares to its rivalry
Therefore the above statement should be considered true
Answer:
the correct option is C) If many firms enter the computer software industry and consequently bid up the price of programmers, then: the long-run industry supply curve will slope downward.
Explanation:
When many firm enter an industry, there is competition and the presence of multiple players will eventually cause the cost of production to decline.
In the short run, if many firms enter the computer software industry and consequently bid up the price of programmers, then the increase in participation will increase the number of software developed.
In the long run, industry supply curve will slop downwards indicating a price reduction.
Answer:
<em>Surveys and questionnaires allow you to collect data efficiently and economically from groups of people.</em>
Explanation:
<em>Surveys are research often used to assess opinions, thoughts, and feelings of people towards a subject area or environment. it can either be limited or specific or they also can have more widespread goal which can be global.</em>
<em>Questionnaires is a set of questions written or printed with answer choices , devised for the purposes of a statistical study or survey.</em>
Japan produces many things. They produce many popular video games, foods, and toys.
