Answer:
The answer is True.
Explanation:
Because, then new firms will enter in the long run causing market supply to decrease, market price to fall , and profits to decrease.
The correct choice would be that Carina should have subtracted 3.40 from 5.27 which lead to wrong further calculation. So, the correct option from the quoted statement is B.
The calculation can be done to find the value of <em>x </em>after quoting the correct equation and solving by further using the simplification method.
<h3>Simplification of mathematical equation. </h3>
- The computation of the amount of tomatoes can be done after assuming that the initial equation given is right.
- With the given information, we can simplify further to find that,
- So, it is clear that Carina bought tomatoes worth 2.2USD
Hence, the correct choice is B, that Carina should have subtracted 3.40 from 5.27 to find the value of tomatoes bought.
Learn more about Simplification of equations here:
brainly.com/question/2495843
Answer:
True
Explanation:
Different combinations of factors of production result in different comparative advantages because each type of resource is better suited for producing certain types of goods. E.g. countries with abundant land and labor resources will probably have a comparative advantage in the production of agricultural products. While countries with abundant capital and labor will have a comparative advantage in the production of industrial goods.
Answer:
Not permissible is the correct answer.
Explanation:
D. Sounds like the most reasonable one