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joja [24]
3 years ago
15

What do free entry and exit refer to?

Social Studies
2 answers:
fenix001 [56]3 years ago
6 0
The correct answer should be<span> b.the ability of businesses to begin or end production and sales according to profitability

Free entry and exit means that the company is allowed to enter a market that it wants and can at any point in time leave it if it sees that it's unprofitable. There can be no hindrances in its entry if it has the money to initiate production.</span>
ad-work [718]3 years ago
5 0

Answer:b.the ability of businesses to begin or end production and sales according to profitability

Explanation:

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Answer:

B. (iii) only

Explanation:

Economists normally assume that the goal of a firm is to earn

(iii) revenues as large as possible, even if it reduces profits.

The reason for economist to normally assume the goal of a firm is to earn revenues as large as possible, even if it reduces profits, is that, while achieving more profit is what can make firm to keep running, there are times when rather than maximizing the profits alone, the economist look at the long run and seeks to generate more sales or total revenue, even if it decreases the profit generated, so as to increase the firm market share relative to its competitors.

Hence, economist seeks to maximize profits, while making higher number of sales.

In short, the seek the following:

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Their parents.

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In 1808 constitutional provisions against the importation of slaves goes into effect true or false
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It would be False.

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3 years ago
What is the the main theme of in morte d’Arthur
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The most repetitive theme in the text is that of the journey, or quest. Knights within Le Morte d'Arthur have a strong desire to seek adventure, to do noble deeds, and to find glory within the most difficult of circumstances.

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