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ANTONII [103]
3 years ago
14

Which of the following is true at the​ long-run equilibrium in a monopolistically competitive​ market? A. Each​ firm's output is

at the point that minimizes its​ long-run average cost. B. Each firm earns zero economic profit.
Business
1 answer:
Juli2301 [7.4K]3 years ago
6 0

Answer:

B. Each firm earns zero economic profit.

Explanation:

In a monopolistic competitive market, there is free entry and exit in the market, if there is a profit more firms will come in and that will reduce the price to zero. the answer is, there will be zero economic profit in the market.

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Sixty years ago, your mother invested $3,800. Today, that investment is worth $430,065.11. What is the average annual rate of re
LuckyWell [14K]

Answer:

8.2%

Explanation:

As we know that:

r = (Future Value / Present Value)^(1/Time)   - 1

Here

Future Value is $430,065.11

Present Value is $3,800

Time is 60 years

By putting values, we have:

r = ($430,065.11 / $3,800)^(1/60)   - 1

r = (113.16)^(1/60)   - 1

r = 1.082 - 1 = 8.2%

3 0
3 years ago
true or false: the beta for the portfolio after the stocks have been added is the weighted average of the beta before the stocks
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The answer is true. A stock is a broad phrase that refers to any company's ownership certificates. A share, on the other hand, refers to a company's stock certificate.

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8 0
1 year ago
Which of the following statements about penetration pricing is most accurate? Multiple Choice A) Penetration pricing is more eff
scoundrel [369]

Answer: Option A

     

Explanation: In simple words, it refers to the pricing strategy in which the firm initially charge a lower price of product to attract the customers and make a strong position in the market.

Hence it is effective only on those markets where the customer gives value to price more than the quality and assurance he is getting from the existing product.

Thus, from the above we can conclude that the correct option is A.

5 0
3 years ago
People pursue _____________ projects in the market and ____________ projects in government.
Bingel [31]
A. Their own, their own
Is the answer
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When a third party bears a cost for a problem they did not cause, it is known as a __________.
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