Answer:
The correct answer is: produce inside its production possibilities frontier.
Explanation:
The production possibility frontier shows the maximum possible combination of two goods that an economy can produce using all the available resources and state of technology.
Unemployment in an economy means that all the available resources are not being completely used. So, the economy will operate at a point inside the production possibility curve.
Production at this point will be feasible but allocatively inefficient.
Answer: OPTION A
Explanation: For winning the suit of negligence- duty, breach, cause and damage are the four elements that the plaintiff needs to prove. Intent is not an element of negligence.
Intent, used as a short form for intention, can be defined as the commitment of an individual to do certain action in present or in future period.
<span>Wiley CPA Exam Review 2010, Auditing and Attestation explained this on an exam that the auditor should issue a report to comply with the law on internal control and also to document financial information. The yellow book becomes an auditing standard that provided uniformity on reports.</span>
Answer:
c. firms are free to enter and exit the market.
Explanation:
A monopolistically competitive market is a market in which there are a lot of organizations that sell products that are similar and it tends to be easy to enter and leave the industry. Because it is easy for a company to enter the market and there is a lot of competition, in the long run the economic profit is zero. According to this, the answer is that in the long run, profits in a monopolistically competitive market are zero because firms are free to enter and exit the market.
The other options are not right because a monopolistically competitive market has zero profits because of its low entry barriers and amount of competitors not because of government regulations or an illegal agreement between organizations to control competition. Also, in a monopolistically competitive market the products are similar.
Start by analyzing how you're spending the day by logging your activities and eliminating time wasters. Then, organize everything around you and then prioritize your tasks and get the main things done without multitasking. Duncan also suggests systemizing all of your repetitive tasks.
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