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agasfer [191]
4 years ago
9

If firms in a competitive industry begin to earn profit in the short run, new firms will enter. This will shift the industry a.

demand curve to the right, meaning market price will rise. b. demand curve to the left, meaning market price will fall. c. supply curve to the right, meaning market price will fall. d. supply curve to the left, meaning market price will rise.
Business
1 answer:
xxTIMURxx [149]4 years ago
3 0

Answer:

c. supply curve to the right, meaning market price will fall.

Explanation:

If firms in a competitive market start to make a large profit, more firms will enter that market because they will also want a share of it. As more firms enter the market, total quantity supplied will increase, shifting the supply curve to the right and lowering the equilibrium price.

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If a person can encourage people to follow an idea, what role can this person play on a team at work?
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A leader  would be the role for him/her

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The following information relates to Schmidt Sausage Co.'s defined benefit pension plan during the current reporting year: ($ in
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Answer:

400 dollars is expected on the year and return the asssests as 40 actual return is actually 32 but then u add a little and get 60 so then you lose 8 dollars because your mom wanted u to buy something for her then retiree from your job and get 9 dollars of benefit that you need the amount of a pension plens assest a fair in december 33

Explanation:

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3 years ago
Harvey Ramos is a salaried exempt employee at Duodo Scales with a contract that stipulates 37.0 hours per week at $90,000 per ye
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Answer:

Explanation:

Regular pay = annual pay/hrs per week * no of weeks in a year * no of regular hrs.

Regular pay = (($90,000/(37 * 52)) * 56)  = $2,619.54

Holiday pay =  (($90,000/(37 * 52)) * 14)  = $654.89

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8 0
3 years ago
Read 2 more answers
If a scholar associates continued economic challenges in Africa as an outcome of previous European colonialism, to which theoret
natima [27]

Conflict theory is a framework in which conflict is the result of a wrong, or wrong distribution of resources. This could be the case in colonial Africa, as the European colonies enjoyed many resources.

<h3>How did European colonization affect the African economy?</h3>

Colonialism made African colonies dependent on introducing a unique cultural economy in the region.

The Europeans also humiliated African workers and traders. It forced the Africans to work in the colonial lands for very low wages and deported them.

Thus, the theoretical paradigm that can be associated with these economic challenges is Conflict theory.

To learn more about Conflict theory, refer:

brainly.com/question/17187400

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8 0
2 years ago
A centralized legal department of Exline Company has expenses of $500,000. The department has provided a total of 2,000 hours of
vaieri [72.5K]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

A centralized legal department of Exline Company has expenses of $500,000. The department has provided a total of 2,000 hours of service for the period. The Northern Region has used 575 hours of legal service and the Southern Region has used 1,425 hours of legal service during the period.

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Southern Region= 1,425/2,000= 0.7125

Total cost= 0.7125*500,000= $356,250

4 0
3 years ago
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