Answer:
c.
Explanation:
If the demand for video internet advertising is increasing, then the demand curve shifts to the right. And if the number of internet sites accepting advertising also increases, then the supply curve shifts to the right. Independently on the magnitude shifts the equilibrium quantity will rise, but the change in price depends on these magnitudes. For example, if the demand shift is greater than the supply shift, the eq. quantity will increase but the price will increase too. If the supply shift is greater than the demand shift, the eq. quantity will increase but the price will decrease. And if the magnitude shifts are similar it is probable that the eq. quantity increases and the price remains the same.
Answer:
D) control the desired price and output to maximize profits, but a perfectly competitive firm can only choose the desired output.
Explanation:
Firms competing in perfectly competitive markets are price takers, meaning that they cannot set the price of their products or services, but monopolists can actually set the price of their products or services because their market power is high enough to do so. Also, a monopolist can choose to lower or increase its output depending on the resulting profits.
This excessive market power is the reason why natural monopolies are usually regulated by the governments and many monopolistic firms are forced to split into smaller firms that compete against each other.
Paying all your bills on time
If you pay your bills on time consistently, your credit score will rise.
If you do not, your credit score will drop, and sooner or later they will not loan you anymore money
hope this helps
Answer:
option (a) is correct.
Explanation:
Economic profits refers to the profits which comes out after deducting the implicit costs and explicit costs from the total revenue.
Whereas the accounting profits takes into the effect of explicit costs only.
Implicit cost refers to the loss of money income by choosing some other alternative. It is also known as the opportunity cost.
Explicit costs refers to the costs that are incurred for operating or running a business.
Accounting profit = Total revenue - Explicit costs
Economic profit = Total revenue - Explicit costs - Implicit costs
Therefore, if the implicit costs are greater than zero then the economic profits is less than the accounting profits.
