Answer:
There will zero economic profits in the long run.
Explanation:
Monopolistic competition is a market structure where there is a large number of firms producing differentiated products. There is very low or no restriction on the entry and exit of firms in the market.
The market for plumbing services in a city is a monopolistic competition. An increase in the market demand will cause the price to increase. This will cause an increase in the profits of the existing firms.
In the long run, new firms will enter the market, increasing the market supply. This will cause the price level to decrease till all the firms are having zero economic profits.
Answer:
Below:
Explanation:
It's called "Communication".
Hope it helps..... Bro/Sis
It's Muska... :)
Answer: The answer is a
Explanation:
Using the formula
Expected Rate of Return = ∑(i =1 to n) Ri Pi
Where Ri = Return in scenario 1
Pi = Probability for the return in scenario 1
i = Number of scenario
n = Total number of probability and Return
P1=30
R1 = 18
P2 = 50
R2 =12
P3 = 20
R3 =-5
Expected Gain =(30 ×18) + (50 × 12) + ( 20 × -5)
= 540 + 600 + - 100
= 1,040
= 1,040 ÷ 100
= 10.4%
Answer:
The presentation made good use of visual aids.
Explanation:
Given that a well-organized presentation is a type of presentation that attracts and satisfies the audience's curiosity and at the same time is well relevant to the topic of discussion.
Hence, in this case, the correct answer to the question is "The presentation made good use of visual aids."
This is because the visual aids in the presentation attract the audience and at the same time depicts relevant points to the topic
The answer is the total budget cost. It is the one
responsible of the expense that the company needs and the estimated expense
that they had used that may be of use as their basis and for the their
future period.
