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Angelina_Jolie [31]
3 years ago
13

In a perfectly competitive industry, the existence of positive economic profits induces firms to _______ (enter / exit) an indus

try, which shifts the market supply curve to the ______ (left / right) and _______ (increases / decreases) the market price.
Business
1 answer:
weqwewe [10]3 years ago
6 0

Answer:

enter and right and left and increase

Explanation:

and those are my answer

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Assume labor is the only variable input and that an additional input of labor increases total output from 72 to 80 units. if the
cluponka [151]

Considering that labor is the only variable input and an additional input increases from 72 to 80 units with the product costs of $6 per unit in a purely competitive market, then the mrp of the additional worker is $48.

Solution: (80 x $6) – (72 x $6) = $48

8 0
3 years ago
Haydn's contract of employment shows that he was considered ______.
mafiozo [28]
A skilled servant.

Have a great day! :D
7 0
3 years ago
Ben started a business on 1 January 2015 using rented premises. At 31 December 2015 Ben owed $1400 for rent. The rent charge to
Alina [70]

Answer:

4600

Explanation:

Rent expense is 6000 but he still owed 1400 of that. So he paid 4600 (6000-1400)

7 0
3 years ago
Answer the folowing:1. Depreciation expenses directly affect a company’s taxable income. (True / False.)2. An increase in deprec
Olegator [25]

Depreciation expenses directly affect a company’s taxable income. (True / False.).2. An increase in depreciation expense will ________ tax deducted from a company's earnings, thus leading to a ________ operating cash flow is given in the following.

Explanation:

Depreciation expenses directly affect a company's taxable income is true.

  • By charting the decrease in the value of an asset or assets, depreciation reduces the amount of taxes a company or business pays via tax deductions. The smaller the depreciation expense, the higher the taxable income and the higher the tax payments owed.

Increase in depreciation expense

  • Increasing Depreciation will increase expenses, thereby decreasing Net Income. ... Balance Sheet: Net Fixed Assets (generally Plant, Property, and Equipment) is reduced by the amount of the Depreciation. This reduces Fixed Assets. It also reduces Net Income and therefore Retained Earnings (Shareholders' Equity) as well.
  • A depreciation increases the cost of imports so there will be an increase in cost-push inflation. A depreciation makes exports more competitive – without any effort. In the long-term, this may reduce incentives for firms to cut costs, and could lead to declining productivity and rising prices.
5 0
3 years ago
HELP!
DiKsa [7]

Answer:

A. Partnership

Explanation:

Based on the description of this scenario it can be said that the best option for Mary would be a Partnership. This means that she will share ownership and profit with those involved but at the same time will also share the  liabilities. This will make sure that the other tattoo artists will do their utmost best since they will have to deal with the consequences as well if they do not. Which in term protects Mary.

8 0
3 years ago
Read 2 more answers
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