Answer:
Unlike perfectly competitive firms, in the long run monopolistically competitive firms face excess capacity or unused capacity. They produced at a higher cost which implies wastage of resources or under-utilization of resources.
Answer:
The market that characterizes the industry in which Forey competes is a market where competition is at its greatest possible level and it is a perfectly competitive market and the reason is because its returns decrease with the entering of new firms, also four-firm concentration ratio and Herfindahl Hirschman index are both quite small, so no one has significant market power to set or even influence the market price. In the short-run Forey Inc’s profit will decrease as more and more new firms enter the market and in the long-run Forey Inc will receive only normal (zero) economic profit.
A group of such computers - which get interconnected in order to share information or documents are usually called a computer network.
This is a common type of networking when working in large companies or businesses.
Solution :
a). Bundles 
= U ( _____ , 2), lie on the same indifference curve. Suppose missing numbers is x.
So, 
(40 x 5) + (2 x 5) = 50x + (2 x 2)
210 - 4 = 5x
So Alexander has 
apples and 
bananas. The indifference curve though also include bundle.
Therefore, (41.2, 2)
b). 
= 0.4
So Alexander has apples and bananas with this bundle. Alexander would like to give up 
unit apples for a banana.
The answer is <u>"policyowners".</u>
A mutual insurance company is claimed by policyholders. The sole motivation behind a common insurance agency is to give protection scope to its individuals and policyholders, and its individuals are given the privilege to choose administration. Government law, as opposed to state law, decides if a safety net provider can be delegated a common insurance agency.
Mutual insurance companies exist to guarantee that the advantages guaranteed to policyholders can be paid over the long haul. Since they are not exchanged on stock trades, shared insurance agencies can stay away from the weight of achieving here and now benefit targets.
