Answer:
It will get less sales and people will gain less money than usual since there is very little variations.
Explanation:
Answer:
Likely contract next quarter.
<h3>What is it called when real GDP continues to increase quarter after quarter?</h3>
- Expansion is the phase of the business cycle where the real gross domestic product (GDP) grows for two or more consecutive quarters, moving from a trough to a peak.
- Expansion is typically accompanied by a rise in employment, consumer confidence, and equity markets and is also referred to as an economic recovery.
To learn more about it, refer
to brainly.com/question/24448358
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Answer:
C) A firm's marginal cost curve is equal to its supply curve for prices above average variable cost
Explanation:
A perfectly competitive firm maximizes its profit when its marginal cost = marginal revenue. In the short run, it will continue to produce even if the marginal revenue is lower than its marginal costs, as long as the marginal costs are ≥ average variable costs.
Therefore, all perfectly competitive firms should supply products or services following its marginal cost curve as long as the price ≥ average variable costs.
A interest rates is lower payments lower cost over all is lower based ion rate.<span />