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Masteriza [31]
3 years ago
7

In the theory of perfect competition, the assumption of easy entry into and exit from the market implies Group of answer choices

positive economic profits in the long run. losses in the long-run equilibrium. zero economic profits in the long run. zero economic profits in both the short run and the long run. positive economic profits in both the short run and the long run.
Business
1 answer:
kow [346]3 years ago
8 0

Answer:

Zero economic profits in the long run.

Explanation:

In a perfect competition, firms are able to freely enter into, or exit a market.

As more and more firms enter the market, it causes an increase in supply in the long run, which<u> leads to a fall in prices and therefore profits, such that firms will start to earn normal profits or </u><u>zero economic profits.</u>

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In-s [12.5K]
Researchers in the health and social sciences can obtain their data by getting it directly from the subjects they’re interested in. This data they collect is called primary data. Another type of data that may help researchers is the data that has already been gathered by someone else. This is called secondary data. Hope this helped!
5 0
2 years ago
Lang Warehouses borrowed $196,401 from a bank and signed a note requiring 7 annual payments of $33,942 beginning one year from t
Snezhnost [94]

Answer:

5%

Explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

The interest rate implicit in the agreement can be determined by finding the internal rate of return.

Cash flow in year 0 =  $-196,401

Cash flow each year from year 1 to 7 = $33,942

IRR = 5%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

5 0
2 years ago
5. Imagine you are buying a new guitar. Describe how you would make the purchase using the
Sholpan [36]

Answer:

What I would do is make sure it is a good quality item and see if it is worth my money after that I would go to the cashier and buy my product.

Explanation:

4 0
3 years ago
Which of the following business opportunities allows a business to purchase and sell a company's products, but not the right to
Degger [83]

Answer:

Dealers/distributors allows a business to purchase and sell a company's products, but not the right to use that company's trade name as its own

<u>Explanation:</u>

Although only one out of every odd state with a dealers have opportunity which  similarly characterizes the term, the more significant part of them use the accompanying general criteria: A business opportunity includes the deal or rent of any item, administration, gear, etc. that will empower the buyer licensee to start a business.  

Moreover, business openings offer less help than opportunities; this could be a bit of leeway for you if you blossom with opportunity.

 

4 0
3 years ago
As a human resource manager, how would you recommend that a part-time<br> employee is compensated?
barxatty [35]

Answer:

C. Part-time employees should be compensated with an hourly wage

because the number of hours they may work each month

changes

<u>Multiple-choices</u>

employee is compensated?

A. Part-time employees should be compensated with a salary

because the number of hours they may work each month

changes

O

B. Part-time employees should be compensated with an hourly wage

because the number of hours they work each month is always the

same.

O

C. Part-time employees should be compensated with an hourly wage

because the number of hours they may work each month

changes

O

D. Part-time employees should be compensated with a salary

because the number of hours they work each month is always the

same.

Explanation:

Part-time workers are called to duty on a need basis.  Usually, part-time workers are assigned specific tasks to perform is within a particular duration. Their contribution is measured in terms of hours worked or completed units of output.

Part-time workers contrast with full-time workers who report for duty every working day. Part-time workers are not required to work for certain hours per week or month like full-time workers. The number of hours that a part-time worker works in a week varies from time to time. Therefore, the best way of compensating them is through an hourly rate.

8 0
3 years ago
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