Answer:
C - Short attention span
Explanation:
There are many entrepreneurs having a quality of Short attention span because they are well prepared to remain concentrate on a topic of research or study for a long period of time, while quality of short attention span is very uncommon among the entrepreneurs who believe that due to use of advanced modern technology which enables users to jump easily from one side to different which must be predictable as soon as possible.
Answer:
C. increase in the short-run but fall to zero in the long-run
Explanation:
A perfectly competitive industry is characterised by many buyers and sellers of homogenous goods and services.
There are no barriers to entry or exit of firms. Firms are price takers. Market prices are set by the forces of demand and supply.
As a result of increase in demand, more quantities of the vitamins would be bought and producers profit would increase in the short run. Because, there are no barriers to entry or exit of firms, new firms would enter into the industry in the long run, driving economic profits to zero.
Due to no barriers to entry or exit of firms, in the long run, firms in a perfect competition earn zero economic profit.
I hope my answer helps you
Answer:
Higher prices.
Explanation:
Expansionary monetary policy seeks to grow the economy by increasing the money supply, lowering interest rates, and stimulating demand. As we know from the supply/demand curves, higher demand leads to higher price levels.
The common ways through which firms fail financially includes under-capitalization, poor control over cash flow and inadequate expense control.
Majority of firms who failed financially are those firm with outdated financial plan or lack of current trend in the industry.
Why firms fail financially includes:
- Under-capitalization which is when the firm does not have sufficient capital to conduct normal business operations and pay the creditors.
- Poor control over cash flow is when the firm does not have firm control over the cash going in and out of the organization.
- inadequate expense control is when the firm does not effectively control the amount of expenses incurred for operation.
In conclusion, the common ways through which firms fail financially includes under-capitalization, poor control over cash flow and inadequate expense control.
Read more about Financial irresponsibility
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I think it’s 3 and 4 as the answer.