Answer: The correct answer is "d. equal to average cost, including the opportunity cost of capital.".
Explanation: In the long run the prices charged by a firm in monopolistic competition will be equal to average cost, including the opportunity cost of capital.
In long-term monopolistic competition, the demand curve will be tangent to the average long-term cost and the price set at this level. The benefits will be equal to zero and therefore there will be no entry or exit of companies.
Answer:
The answer is: B) reverse the decision due to the trial judge's legal error.
Explanation:
The judge made a mistake by admitting witness's personal opinions on the accused party, e.g. Stewart is a bad person with no integrity. This type of opinions should not be admitted in court, by doing so, the judge allows the possibility of Stewart appealing the decision and winning the appeal due to this specific legal error.
Variable outcome probability price 1,500 0.3 350 0.7 yield (ton) 11 0.55 4 0.45 cost ($) 3500 0.25 7500 0.75 0.412588 is the net return if price =350, yield = 11 and cost = 7,500
<h3>What is
net return?</h3>
The overall rate of return on an investment before any fees, commissions, or expenses is known as the gross rate of return. A month, quarter, or year is used as the unit of measurement for the gross rate of return. In comparison, the net rate of return provides a more accurate assessment of return by excluding fees and costs.
A gross rate of return is the return on an investment before any costs or deductions.
The investment's return after charges like taxes, inflation, and other fees is known as a net rate of return.
The expenditure ratio of a fund measures how difficult it is to determine the net rate of return compared to the gross rate of return.
To learn more about net return from the given link:
brainly.com/question/20730692
#SPJ4
Answer:
D
Explanation:
Sales representative have to deal with alot of people socially and doesnt require to much skill