Answer:
b. shift to the right.
Explanation:
A monopolistic competition is when there are many sellers of differentiated goods and services in an industry. Firms set the market price for their goods and services.
If firms leave the industry, the number of firms available to cater to consumers needs have reduced while the amount of consumers remain the same. Customers of the firms that exited the industry begin to patronize firms that are still in the industry. This leads to an increase in demand for existing firms and their demand curve shifts to the right.
I hope my answer helps you
In order to have an effective group and teams, it's a must that the team build strong communication between each members. Communication gives clearer understanding in every tasks or challenges that the team or the group will undergo. It's also a must that the team have initiative to move forward
Answer:
Invest $990,099 U.S
Explanation:
The interest rate is 2% for US dollars and 1% for euro
The exchange rate is 1.25 dollars to a euro.
To calculate future exchange rate:
1.25dollars (1+exchange rate of us/1+ exchange rate of euro)
= 1.25(1.02/1.01)
= 1.2625
Approximately 1.26
After a year they will be getting .26 million dollars.
They need to invest something close to this amount 1.2/1.02
Therefore option b is the best answer
I believe the answer is: Capitalism
In capitalism, the economy is designed in a way to give as much freedom as it can to the private sectors in term of resource allocation and market competition. In this system, the government's role limited to maintaining regulation that prevent private organizations from cheating off one another.
