I have the same question if anyone can help please let me know
<span>The economy was slowing, but prices were rising, signifying the potential for stagflation.
</span>Stagflation is term used in economics to denote economic situation characterized with high unemployment, rising prices, economic growth. This situation occurs when the overall price level rises rapidly. In our case, <span>"the price of eggs was up 40% and milk was up 26%., which means that the prices raised rapidly.</span>
The assumption in perfect competition that there is an easy entry and exit from the market implies that firms will make a zero economic profit in the long run.
<h3>Why do firms make a zero economic profit?</h3>
In a pure competition, companies are allowed to freely enter and leave.
They take advantage of this to enter a market when prices are high and economic profit is being made.
As more firms enter, the economic profit keeps decreasing as prices decrease until this profit gets to zero and then turns to economic losses.
At this point, some firms will leave the market to stop making losses. When they do, the supply will decrease which leads to prices rising once more.
The cycle will then repeat itself and keep the companies at a zero economic profit in the long run.
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Charitable donations or giving from a corporate entity is frequently described as genuine altruism. This is because they are giving without expecting something in return.
Answer:
a.setting of capital stock prices is the correct answer.
Explanation:
Managerial Decision: Any type of decision about the progress of a firm. These decisions involve establishing a target for growth, hiring or dismissing workers, and selecting what goods to market.
Some of the types of managerial decisions are :
- Individual and Group Decisions.
- Programmed and Nonprogrammed Decisions.
- Routine and Basic Decisions.
- Major and Minor Decisions.
Steps involved in the managerial decision-making process
- To Establish an Objective
- Identifying the Solutions for the identified problem
- gathering and analysis of the important data.
- Implementing the Conclusion.
