The first sentence of an introduction is called a hook
Answer:
Economic activity is the activity of making, providing, purchasing, or selling goods or services. Any action that involves producing, distributing, or consuming products or services is an economic activity. Economic activities exist at all levels within a society.
Explanation:
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In perfect competition, firms will be able to earn economic profits in the short run.
<h3>What is perfect competition?</h3>
A perfect competition is characterized by many buyers and sellers of homogenous goods and services.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
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Answer:
A) cost of units completed and transferred out plus the cost of ending work in process.
Explanation:
The total costs accounted for in a production cost report consists of Cost in units of Work - In - Process Inventory and Cost Incurred During the Current Period.These Costs equal cost of units completed and transferred out plus the cost of ending work in process.
Answer:
can be effectively eliminated by portfolio diversification.
Explanation:
The systematic risk is the risk where the loss is associated with the entire market while on the other hand, the unsystematic risk is the risk in which the loss is associated with the particular segment
Therefore according to the given options, the unsystematic risk is the risk that is eliminated by diversifying the portfolio i.e investing the amount in different companies rather investing in one company
