I believe the answer is C. my beau is in construction, so I know for a fact that you don't have to have a degree
Answer:
“Water cannot be used for certain crops because you are using it on others.”
Explanation:
The first and second option aren’t shortages. It just shows that no one is around to do any business. So the first 2 options are incorrect. The third option isn’t correct either. No items would be unavailable because they were shipped. If items were shipped, it would be a gain for a certain amount of time for people.
In long-run equilibrium, monopolistically competitive firms will have excess production capacity.
What is Monopolistic Competition?
When a large number of businesses provide competitive goods or services that are comparable but imperfect substitutes, monopolistic competition exists.
A monopolistic competitive industry has minimal entry requirements, and decisions made by any one firm do not immediately affect those of its competitors. The price and marketing choices made by the competing companies serve as their points of difference. Between a monopoly and perfect competition, monopolistic competition exists, combines aspects of both, and comprises businesses with comparable but distinct product offerings. Industries with monopolistic competition include those in restaurants, hair salons, household goods, and clothes.
To know more about monopolistic competition refer:
brainly.com/question/28189773
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Answer:
Explanation:
Commercial business segment contribution margin = Sales- Variable expenses = 280,000- 143,000 = $137,000
So the answer is C
Answer:
6.67%
Explanation:
Given:
Aimed increase in the number of tee sold = 10%
The price elasticity of demand for tee = -1.5
Now,
Elasticity in demand is calculated using the formula as:
Elasticity in demand = 
on substituting the respective values, we get
-1.5 = 
or
Percentage change in price = -6.67%
here the negative sign depicts the decrease in price
Hence,
The correct answer is option 6.67%
