Believes in something, values honesty and triump
Answer:
I can't really describe in a specific way but it's for internet
Answer:
Ease of entry into the market
Explanation:
A perfect competition is characterised by many buyers and sellers of homogenous goods and services.
In the long run, perfect competition make zero economic profit because if firms are making economic profits in the short run , new firms would enter into the industry in the long run. This is made possible because of the ease of entry into the market.
I hope my answer helps you
Answer:
Explanation:
1.Convenient: Indirect taxes are more convenient to pay. ...
2.Less Pinching: The announcement effect of indirect taxes does not provoke resentment, because they cause less annoyance to the public as they are not felt directly. ...
3.Not Easily Evadeable: ...
4.Broad based: ...
hope it helps!!
pls make me brainlest!
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Answer:
Option A, “the substitution effect dominates the income effect” is correct.
Explanation:
If the real wage increases then the opportunity cost for leisure will also increase. Therefore, an increase in real wages and a rise in the opportunity cost of leisure induce labor to supply more workforce or labor force. This is known as the substitution effect. Moreover, when this substitution effect is greater than the income effect then the supply curve for labor is upward sloping.
