If in the short run, firms in monopolistic competition make an economic profit, new firms will enter the market.
A firm is a for-profit business organization—such as a company, limited liability company (LLC), or partnership—that provides skilled services. Most companies have only 1 location.
Companies during a monopolistic competition build economic profits within the short run, however within the long-standing time, they create zero economic profit. The latter is additionally a result of the liberty of entry and exit within the trade. Restaurants, hair salons, home items, and clothing are examples of industries with monopolistic competition.
To learn more about Firm here
brainly.com/question/15968468
#SPJ4
Answer:
Cash received from customers is $90,025 million
Cash paid to suppliers is $72,128 million
Explanation:
Cash received from customers is the net sales of $91,758 million minus the increase in accounts receivable since that is the portion of revenue yet to be received.
cash received from customers=$91,758 million-$1,733 million=$90,025 million
cash paid to suppliers is the cost of goods sold of $69,278 million plus the increase in inventory as well as the increase in accounts payable
cash paid to suppliers=$69,278 million+$883 million+$1,967 million=$72,128 million
Answer:
Option D
Explanation:
As per French mining engineer Henri Fayol, management as a process involves five elements -
a) Planning
b) Organizing
c) Commanding (leading)
d) Coordinating
e) Controlling.
Hence, all the three elements i.e Planning, organizing and Leading are present
Hence, option D is correct
Answer:
D. interest rates decrease.
Explanation:
As the callable bond allows the bond holder to call these bonds when they require or after a specific period of time or on a condition attached. The Decrease in Interest rate will increase the value of the bond because decrease in the interest rate will increase the present value of the future cash flows associated with the bond. So, the Allstate Insurance takes the benefit of increase in the value of the bond.