If a monopolistically competitive firm's demand curve is shifting to the left, it will stop when: firms stop entering the industry
This is further explained below.
<h3>What is
the industry?</h3>
Generally, An industry is a set of firms that are considered to be in some way comparable due to the principal commercial activity that they engage in. There are hundreds of different ways to classify industries in contemporary economies. The various kinds of businesses are often organized into broader groups that are referred to as sectors.
In conclusion, If a monopolistically competitive company's demand curve is migrating to the left, it will cease doing so when the following occurs: businesses stop joining the industry.
Read more about the industry
brainly.com/question/2839443
#SPJ1
False. Motivation is an internal and external factors that stimulate people's desire to action that drives people to be committed and interested continuously to attain role, targets, and goals. It also includes conscious and subconscious factors. Hopes this helps you.
Answer:
Current Ratio = Current Asset / Current Liabilities
Quick Ratio = (Current Assets – Inventories) / Current Liabilities
Explanation:
The Current Ratio is a liquidity measure that shows the ratio between current asset and current debt obligations. It tells how many dollars of current asset are per dollar of current debts, that gives an idea of the company`s ability to perform its debts.
The Quick Ratio is also a liquidity indicator that measures the capacity of a company, using its most liquid assets, to pay its current debt at maturity. The inventory, although it is a current asset, is not considered, since it cannot be converted into cash in a very short term.
The difference between the Quick Ratio and the Current Ratio, implies that while both are measures of the company's ability to pay its debts, the quick ratio also tells how much the company depends on its inventory to get that objective
Net working capital is defined as current liabilities minus current assets.
This statement is False.
What is meant by net working capital?
Working Capital = Current Assets - Current Liabilities
Current Assets
Current assets are the economic benefits that the company expects to receive within the next 12 months. The company has the right to receive the financial benefit, and calculating working capital.
Current Liabilities
Current liabilities are simply all debts a company owes or will owe within the next twelve months.
To learn more about net working capital, refer to:
brainly.com/question/21852402
#SPJ4
Answer: 2) Adverse selection
Explanation:
Adverse selection occurs when one party to the transaction has more information than the other and so can exploit this information to increase their benefit in the transaction.
Kenny has more information than the buyers in this situation as he knows what the Xbox One has and so is charging a certain price of it. The buyers do not know this information and so do not understand why that particular price is being charged and so refuse to pay it.