The 14 year old Lorie thinks that she will be wealthy and well known and not ordinary like everyone else in the small town, her feelings of being special and unique<span> is known as the personal fable. Personal fable is a belief where a person tells to his or herself that she is unique and special.</span>
The answer is actually: "When did you move here?"
So, the closed question is the last option.
Answer:
The correct answer is B.
Explanation:
Giving the following information:
The Clyde Corporation's variable expenses are 35% of sales. Clyde Corporation is contemplating an advertising campaign that will cost $27,000 and will increase sales by $88,000.
Effect on income= Increase on income - variable costs - fixed costs
Effect on income= 88,000 - (0.35*88,000) - 27,000= $30,200
Answer:
Answer b) is correct.
Explanation:
The cellular phones are in the maturity stage of the product life cycle. In this stage, the costs of the products are relatively low so that a peak in sale volume occurs.
Answer: Given, the ball bearing market is purely competitive. Also at the current stage the firms in this market are earning positive economic profits.
Therefore , in the long run as adjustments occur in the industry, we can expect the market price of ball bearings to<em><u> </u></em><u><em>decrease and individual firms' profits to decrease.</em></u>
This will take place as new firms will enter the market once they analyze that the existing firms are earning positive economic profits. Thus this will lead to decrease in price of ball bearing and further will lead to decrease in profit os a firm.
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<u><em>Therefore, the correct option is (d)</em></u>