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Nostrana [21]
3 years ago
14

A monopolistically competitive firm is currently earning a positive economic profit. If other firms enter the market, we would e

xpect that the added competition will cause this firm to adjust its output such that it(A) will no longer be at its efficient scale.(B) might move either closer to or further from its efficient scale.(C) will operate further from its efficient scale.(D) will operate closer to its efficient scale.
Business
1 answer:
inna [77]3 years ago
8 0

Answer: (C) will operate further from its efficient scale.

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Meaning of accounting​
frutty [35]

Answer:

<em>Accounting is the process of recording financial transactions pertaining to a business.</em> 

6 0
2 years ago
Which tax is specifically charged on real estate?
astra-53 [7]

Answer:

Property tax assessment

Explanation:

Under construction propertiesare taxed at 12%

From my according

8 0
2 years ago
Varieties of oligopoly An oligopolistic market structure is distinguished by several characteristics, one of which is either hom
Tresset [83]

Answer:

Market control by a few large firms

Difficult entry

Mutual interdependence

Explanation:

In the case of oligopoly as we know that there are very little large firms and each kind of firm generates the important portion of the total output. So each market have the market control

Also the main reason behind the barrier with regard to new firm entered is the barrier for the few firms. The reasons like patents, large capital needed are some reasons that makes it difficult for entering

In addition to this, they are mutual interdependent. This implies that the one firm action would impact the other firm action and according to this, the price and the level of output would be determined

Hence, the above represent the answer

6 0
3 years ago
If an externality is present resulting in market failure then
Verdich [7]

<span>Then the private benefit from consumption will will not be the same as the social benefit from consumption.</span>

An externality is the impact of a buy or choice on a man group who did not have a choice in the occasion and whose interests were not considered. Externalities, at that point, are overflow impacts that fall on parties not generally engaged with a market as a maker or a buyer of a product or service. Externalities can be negative or positive, and externalities can come about because of either the production or the utilization of a good, or both.

8 0
3 years ago
The students in Mrs. Reed's English class are reading the same $760$-page novel. Three friends, Alice, Bob and Chandra, are in t
il63 [147K]

Answer:

456

Explanation:

Taking the number of pages Chandra reads as x; we formulate an equation:

In the equation below, 30 represents time taken by Chandra, 45 represents time taken by Bob and 760 is the number of pages in the novel.

Solving for x:

30x = 45(760-x) ;

30x = 34,200 - 45x

30x + 45x = 34,200

75x = 34,200

x = 34,200/ 75

x= 456

Therefore Chandra will need to read up to the 456 page.

4 0
3 years ago
Read 2 more answers
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