Answer:
some firms will exit from the market
Explanation:
Roger owns a small health store that sells vitamins in a perfectly competitive market. If vitamins sell for $12 per bottle and the average total cost per bottle is $12.50 at the profit-maximizing output level, then in the long run <u>some firms will exit from the market</u>
A perfectly competitive market consist of many buyers and sellers, different products and perfect information about the price of a good.
Option A. is correct.
Answer:
lower national consumption, higher national saving;
D, investment will be crowded out.
Explanation:
If the Federal government is to purchase goods and services and taxes are to be used to finance the purchase, this can economically mean that the government will have to save more of the taxes collected and reduce how much it spends. This will mean that the government is not going to borrow funds to finance the purchase which is another option.
On the other hand, if the government was running at full employment and then increases its borrowing, it means that one or more sectors of the market economy will be affected due to the government's increased interference in another sector as it tries to raise funds for the purchase of goods and services. This also means that private investments will thin out to the barest minimum.
Cheers
Currently, the united states exports more than it imports. <u>false </u>
<h3>What is
exports?</h3>
Because they provide people and businesses with access to a wide variety of markets, exports are crucial to modern economies. Fostering economic trade, including encouraging imports and exports for the benefit of all trading parties, is one of the main goals of diplomacy and foreign policy between governments.
In terms of cash, China, the United States, Germany, the Netherlands, and Japan were the top exporting nations in the globe in 2019, according to research firm Statista.
In all, China exported items worth about $2.5 trillion, mainly industrial and technological equipment. U.S. exports, which mainly consisted of capital goods, totaled about $1.6 trillion. The majority of Japan's exports, which amounted about $705 billion, and Germany's, which totaled about $1.5 trillion, were made up of automobiles. A total of $709 worth of exports were made by The Netherlands.
To learn more about exports from the given link:
brainly.com/question/21897468
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Answer:
31500
Explanation:
Given: Total estimated overhead is $390,000
Estimated direct labor is $260,000.
Now, finding the predetermined overhead rate.
We know, predetermined overhead rate=
⇒Predetermined overhead rate=
∴ Predetermined overhead rate= 1.5
Next, finding the amount of overhead applied to a job which used $21,000 of direct labor.
∴ Amount of overhead applied to a job=
Hence, 31500 is the amount of overhead applied to a job.