Consider a perfectly competitive industry in long-run equilibrium. if a single firm in that industry discovers a significant cost-saving production technology, then the rest of the industry will quickly adopt the new technology.
A perfectly competitive market reaches long-term equilibrium when not all firms are making economic profits and the number of firms in the market remains the same. Minimizing the long-run average total cost.
In a perfectly competitive market at long-term equilibrium, an increase in demand produces economic gains in the short term and leads to market entry in the long term. Declining demand will lead to economic losses (negative economic gains) in the short term and will force some companies to exit the industry in the long term.
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That is true hope this helps! ^0^
Descriptive research is a type of research that describes various types of data collected through observational research methods.
A type of research called descriptive research is used to outline a population's characteristics. It gathers information that is used to respond to a variety of what, when, and how inquiries regarding a particular population or group. Surveys are used in descriptive survey research to collect information on a variety of topics. This information aims to determine the degree to which various conditions can be found among these subjects. A population, circumstance, or phenomenon is intended to be accurately and methodically described through descriptive research. What, where, when, and how questions can be answered, but why questions cannot. Descriptive research has many benefits, one of which is the ability to analyze data and create a thorough understanding of the research problem.
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Answer:
bc its something that developed over long period of time
The existence of BET, Telemundo and Lifetime prove media segmentation is True.
NBC Universal Telemundo Enterprises, a division of NBCUniversal, which is in turn owned by Comcast, is the organization that controls Telemundo. An American Spanish-language terrestrial television network is called Telemundo. It provides material at the national level with programs syndicated globally to more than 100 countries in more than 35 languages.
The channel airs telenovelas, sports, reality TV, news programming, and films that are either imported or dub in Spanish for Latin American audiences in the United States and around the world. Additionally, Telemundo runs the websites for Universal and Telemundo, a distinct channel geared for young Hispanic viewers, and Telemundo Digital Media, which distributes original programs throughout mass media.
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