Answer:
C. $60,000
Explanation:
For computing the Erin investment, we have to assume the things which is shown below:
Let us assume Erin investment be X
We know that Erin would contributed 1 ÷ 4 investment in partners capital
So, the equation would be
1 ÷ 4 × ( $140,000 + $40,000 + X) = X
1 ÷ 4 × ($180,000 + X) = X
$45,000 + 1 ÷ 4X = X
So, $45,000 = 3 ÷ 4X
So, X = $45,000 × 4 ÷ 3
= $60,000
Answer:
You too you are a other one
Explanation:
Like thwerc doesn’t know that you know all the hackers snadbhtsb d dis now stop playing g with me by h
<span>The true statement about profits in a monopolistically competitive market is:
B.Many firms will earn profit in the short term, but they must constantly innovate and compete to earn profits in the long term.
Examples of monopolistic competition:
1) hotel and restaurant businesses
2) consumer services like hair dressers, spa, etc
3) pubs and bars
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