Answer:
a.
Explanation:
According to my research on different industry business plans, I can say that based on the information provided within the question the answer that does not describes the firm's situation would be that entrepreneurs outside the industry will be eager to enter. This is because it doesn't have anything to do with the business' situation and does not make sense since entrepreneurs that are not even part of this industry would be looking to form their own businesses.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
8.00%
Explanation:
The return of the 298 diaries can be computed as the profit generated divided by the amount invested initially.
percentage rate of return=profit generated/amount invested
profit generated is $24
amount invested is $300
percentage rate of return=$24/$300
percentage rate of return=8.00%
Answer:
The answer is C.
Explanation:
Necessity goods are the goods or services that a consumer will continue buying whether income falls or the price rises. This type of goods are considered essential. The are not sensitive to price. To Jane, Diet coke is a necessity because she takes it everyday.
While luxury goods are goods that are really not essential. They are owned or bought for the sake of showing wealth or affluence. To Jane, gourmet cheese is a luxury good.
Answer:
The sacrifice ratio could be as small as 0
Explanation:
The Sacrifice Rate is the loss of output due to the fight against inflation, and can be expressed as how much product is lost to reduce inflation by 1 percentage point. The Sacrifice Rate is a proposition by economist Robert Lucas Jr, who noted that the slowdown in long-term inflation is associated with a reduction in the production of goods and services over a period of time until economic agents adapt to the new reality. pricing and restructuring their expectations of the economy. Therefore, the social cost of fighting inflation is a reduction in GDP and an increase in the unemployment rate.
Because of this, we can conclude that if policymakers are committed to reducing inflation and rational people understand this commitment and quickly reduce their inflation expectations, the sacrifice rate can be as low as 0.
Answer:
The correct option is C,import quotas.
Explanation:
Import quota is an approach to prevent home industries from high foreign competition by placing a ceiling on the quantity of locally manufactured goods that can be imported.
By import quotas,the businesses are provided a level playing ground to thrive as they able to sell their products at reasonable prices and not chased out of business by foreign manufacturers that produce in large quantity at reduced cost in order to sell at a very competitive price.
