Answer:
Carrying costs
Explanation:
Carrying costs are the costs associated with holding inventory including maintenance, building rent and utilities, storage space, and insurance.
Answer:
Some existing firms will exit the industry.
Explanation:
Because the market is in loss
loss=(ATC-P)*Q
ATC>P..............given
also, the firm is in working condition because it is having the price above AVC.
Because of loss some firms in long run discourage to work and leave the market.
Answer:
the first one,
Explanation:
for some reason people think that the cooler brand is better even if it sucks. its just because the logo looks good pretty much. I have no idea. its like nike vs adidas more people use nike even though the shoes suck compared to adidas
CHANGES IN THE MARKET would cause a business to change its product or service design. Change in the market may affect either the demand or the supply either negatively or positively. Other factors that can cause change in the market include: increase in the interest or exchange rate, new technology and innovations, emergence of new competitors, etc.