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Ivahew [28]
2 years ago
5

True/False/Explain – If all production processes were subject to constant returns to scales for all output levels, monopolistic

competition would not lead to the problem of “excess capacity”.
True/False/Explain – Monopolistic competition is characterized by free entry and exit so in the long run, there is no deadweight loss associated with this market structure.
Business
1 answer:
Elena L [17]2 years ago
4 0
The answer is true okay!
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Nadiya, your classmate, is struggling to keep up with class. Last week, she told you that she even thought about cheating on a t
FinnZ [79.3K]

Answer:

fundamental attribution error.

Explanation:

This theory in sociology also called the attribution effect states that people tend to over-attribute behavior of others to internal causes or traits.

The Professor makes this "fundamental attribution error" by failing to consider Nadiya's situation; meaning the situational information was insufficiently taken into account before reaching a conclusion (Probably Nadiya is under emotional distresse maybe she's grieving the death of her Farther).

3 0
3 years ago
What would most likely happen to the price of cable TV in Sydney, NE, when the single cable TV firm now has a new competitor com
Vika [28.1K]

Answer:

If the the single cable TV firm from Sydney now has a new competitor coming into town, what will most likely happen with the price of the service is that it will go down and become more accessible to consumers, as a direct consequence of the generation of competition from market between the companies involved.

The concept of competition plays a central role in economic theory. it is a situation by which different actors (companies or consumers) compete for a share in the same activity, typically the sale or purchase of a product or service. For economic operators, it is often an advantage to have limited competition on their own side of the market and a lot of competition on the opposite side, as it allows for high profits. From the point of view of society, as high a competition as possible is usually an advantage, as it ensures the best possible utilization of society's resources.

6 0
2 years ago
From her sales income, barbara has subtracted cost of goods sold, operating expenses, interest expense, and taxes. what she has
Murrr4er [49]
The answer is net income
Net income is the amount of capital that the Company's made during an operational year after all relevant expenses have already been deducted.
Some amount of the net income will be shared to shareholders according to the percentage, and some of it will be put in company's capital to expand the operation.
6 0
3 years ago
When two goods are substitutes production then what??​
swat32

Answer:

An increase in the price of one substitute good causes a decrease in supply for the other.

Explanation:

I just took a test on this subject last week :)

7 0
2 years ago
Which two of these rules could be included in a company’s acceptable use standards?
Dmitry_Shevchenko [17]
It would be, B and E.
7 0
3 years ago
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