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Levart [38]
3 years ago
9

if demand for the good decreases creating economic losses firms will exit the industry in the long run as firms exit in the long

run industry supply will _ and market price will _
Business
1 answer:
Art [367]3 years ago
3 0

Answer:

The correct answer is: decrease; increase.

Explanation:

There is a decrease in demand when the curve shifts to the left and down. It is determined by:

Decrease in consumer income

Increase in the price of complementary goods

Decrease in the price of substitute goods

Change of consumer preferences.

The decrease in demand means that even the same price, less quantity of the good is demanded or when the price decreases buying the same quantity of the good.

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Frank Town Farms has sales of $481,600, costs of $379,700, depreciation expense of $32,100, and interest paid of $8,400. The tax
Vinvika [58]

Answer:

net income = $41752

so correct option is A. $41,752

Explanation:

given data

sales price = $481,600

costs price = $379,700

depreciation expense = $32,100

interest paid = $8,400

The tax rate = 32%

to find out

net income did the firm earn for the period

solution

we get here net income that earn for the period is express as

net income = ( sales price - costs price - depreciation expense - interest paid ) × ( 1 - tax rate )   ......................... 1

put here value we get

net income = ( $481,600 - $379,700 - $32,100 - $8,400 ) × ( 1 - 32% )

net income = $41752

so correct option is A. $41,752

4 0
3 years ago
Bachelor’s degrees are typically earned in _____. a. 1-2 years b. 2-3 years c. 3-4 years d. 4-5 years Please select the best ans
spin [16.1K]
It' typically takes around four years to earn a Bachelor's degree. so i would say either C or D but since it says the BEST answer i would choose D

6 0
3 years ago
Read 2 more answers
Forlornistan is a country in the midst of a serious economic downturn. Forlornistan's GDP has declined steadily for over three y
goblinko [34]

Answer:

The correct answer is option c.

Explanation:

Forlornistan is experiencing an economic downturn, the GDP has steadily declined, the employment rate is very low and the CPI is falling.

All these characteristics show that the economy is going through economic depression.

Depression refers to the situation in which an economy suffers a downturn in economic activities. It involves decrease in output level, price and employment rate.

6 0
3 years ago
Darrin’s employees are highly skilled, so he allows them free rein to do their jobs.
Oxana [17]

Answer::Leader-Member exchange , Out group members

Explanation:Leader-Member exchange theory is a relationship based theory of leadership  that exists between the leading managers and their n employees  together with their  interaction  with each other leading to a productive  workplace environment for both individuals.

The  created relationship can either succeed   when there is trust and mutual respect leading to effective employees  or  fail by producing  undesired result in terms of a hostile relationship leading to low efficiency and productivity from employees

According to the leader member exchange theory, leaders tend to  create  different relationships with followers by forming two groups----- in group members  and out group members

of which the outgroup members are  given less responsibilities with less attention and work outside  the leaders inner circle of communication and therefore are less likely to engage in organizational citizenship than other employees.

4 0
4 years ago
When there is less money in
Drupady [299]

Answer:

the correct answer is

D all of the above

8 0
3 years ago
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