Answer:
Option C: In the long run, positive economic profit will be eliminated.
Explanation:
The statement that best describes firms under monopolistic competition is Option C, which is "in the long run, positive economic profit will be eliminated."
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Answer: The test/procedure that was performed was the One-sided t-test.
Explanation:
The one-sided t-test was performed because they were checking if the average of one variable is larger than the average of the other variable used.
The P-value/margin of error is 3.59609E-07 and the statistical interpretation of this is the value of the P-value was much smaller than 5%. This let the test result conclusive.
The other test that is performed in some of these cases are called the two-sided t-test.
Answer:
D
Explanation:
it is in vietnam and it has labelled two mountain ranges
