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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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John Maynard Keynes recommends active fiscal and monetary policy, so that the government can stimulate the economy when necessar
irinina [24]

Result of active fiscal policy : there may be stimulation of the economy in the short run, but there will be harmful effects to the economy in the long run.

Explanation:

Active fiscal policy implies that Congress and the President are actively attempting to shift the trajectory of the economy by adjustments in taxes and/or government expenditure.

In an open market, monetary policy often influences the rate of exchange and trade balance.

Moreover, in the long term, the development of international debt, which stems from large government expenditures, can lead investors to mistrust US assets which may trigger the exchange rate to fall.

5 0
3 years ago
What isn't not a stock derivative
nadezda [96]
A derivative<span> is a contract between two or more parties whose value is based on an agreed-upon underlying financial asset, index, or security. ... Similarly, a </span>stock<span>option is a </span>derivative<span> because its value is "derived" from that of the underlying</span>stock<span>.</span>
7 0
3 years ago
Imagine that you sell popcorn at the local football stadium. knowing about diminishing marginal utility, how would you price you
Rudiy27

Answer: Charge a lower price after half-time

Explanation: Law of diminishing marginal utility holds that as the consumer consumes more and more units of a commodity, the incremental satisfaction derived from the successive units begins to fall after a certain point. Thus, as marginal utility begins to fall the persons willingness to pay shall also decline for the successive units. Therefore, the seller must sell the pop-corns at a lower price after half-time.

7 0
3 years ago
Physical distribution or shipping only refers to the process of transporting goods. True or false?
Natali [406]
The answer is FALSE. Hope this helps.
8 0
3 years ago
Select the correct answer from each drop-down menu.
OverLord2011 [107]

Answer:

A personal budget provides <u>a detailed account</u> of income and expenses for a <u>period.</u>

Explanation:

A personal budget is a plan of how one intends to spend their income.  It shows the source of income and the total on one side. The expenses are listed on a different side. Each expenditure item is listed and its estimated amount is indicated. The total of all incomes and expenses is shown on their respective sides.

A personal budget may be prepared for a regular income say monthly, weekly, or quarterly payments. It can also be prepared for irregular incomes such as loans, gifts, or bonuses.

7 0
3 years ago
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