Consider a perfectly competitive industry in long-run equilibrium. if a single firm in that industry discovers a significant cost-saving production technology, then the rest of the industry will quickly adopt the new technology.
A perfectly competitive market reaches long-term equilibrium when not all firms are making economic profits and the number of firms in the market remains the same. Minimizing the long-run average total cost.
In a perfectly competitive market at long-term equilibrium, an increase in demand produces economic gains in the short term and leads to market entry in the long term. Declining demand will lead to economic losses (negative economic gains) in the short term and will force some companies to exit the industry in the long term.
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Answer:
Men were somewhat involved in the anti suffrage movement in the United States but the vast majority of the anti-suffrage groups were led by women. The people that were in the groups said that they wanted politics to be left to men. Anti-suffragests said that most women did not want to vote. They said that women took care of their homes and children, they said that women do not have time to vote or stay updated on politics.
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I believe the answer is: <span>Survey- allows data to be collected rapidly
In a survey, the researchers could throw out a huge amount of questionaires to a lot of people from different segmentations and could obtain personalized answers even without having to supervise the process, which allow them to collect the data more rapidly.</span>
A public good is nonexcludable and nonrivalrous. An example is national defense.
Nonexcludable means that it is costly or impossible for one user to exclude others from using a good. Nonrivalrous means that when one person uses a good, it does not prevent others from using it.
An example of a public good is a national defense. Regardless of whether you choose to be covered by national defense, you will still benefit from it and will not be excluded from being protected. It is nonrivalrous, because even it someone else is benefiting, it does not prevent the rest of the society from benefiting at the same time.
