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Alex_Xolod [135]
4 years ago
14

Long-run adjustments in purely competitive markets primarily take the form of _________.

Business
1 answer:
Anarel [89]4 years ago
5 0

Answer:

The correct answer (b)

Explanation:

Competitive markets are considered an important and efficient market system which helps to use scare resources to provide goods and service. In the competitive market, long-run adjustment is all about firms entering and exiting the market. The firm which takes loss exit the market likewise, new firms enter the market this is how competitive market works. Enter and exit of firms helps to create equilibrium is long-run.

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What is the standard deduction used for
jarptica [38.1K]
Hey there,

Answer:

It is used to reduce the taxpayer's tax bill

Hope this helps :D

<em>~Top</em>
4 0
3 years ago
Read 2 more answers
Explain how consumer and business magazines differ, and give an example of each.
Gre4nikov [31]

Answer:

Different radio advertisement examples work best at certain times a day or on specific stations, and this will affect how much end up paying. Sponsorship of a Radio Show or Segment A sponsored radio advertisement is an ongoing, repeating ad spot that accompanies a segment, or the intro or outro of an entire show.

4 0
2 years ago
Pet Supply purchased some fixed assets two years ago at a cost of $43,800. It no longer needs these assets so it is going to sel
DiKsa [7]

Answer:

$28,483.4

Explanation:

The computation of the net cash flow is shown below;

Asset cost       $43,800

MACRS Rate 0.2 0.32

                     8760 14016

So total depreciation is

= $8,760 + $14,016

= $22,776

Now  

Book Value of the company is

= oriignal value - depreication

= $43,800 - $22,776

= $21,024

And,  

Sale price = 32500

So,  

Gain is

= $32,500 - $21,024

= $11,476

So,  

Tax = 0.35% of 11476

= $4,016

And, finally  

Net cashflows is

= Sale price - tax

= $28,483.4

6 0
3 years ago
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A local electricity - generating company has a monopoly that is protected by an entry barrier that takes the form of:________. a
lisov135 [29]

Answer:

a. economies of scale.

Explanation:

Local electricity companies generally have natural monopolies resulting from both economies of scale and/or control of natural resources. Economies of scale refers to the average total costs decreasing as the total output generated by the company increases. For example, it is extremely expensive to generate electricity for 1 single home, but the average total cost for generating electricity for 1 million homes is very low. Generally utilities are monopolies because it is very expensive to set and start operating the company, but once it is operating its average costs per consumer are very low.

4 0
3 years ago
A favorable balance of trade exists when a country
mariarad [96]
Saves more than it spends.
5 0
3 years ago
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