Answer:
(i)New firms will enter the market.
(iii)In the long run, all firms will be producing at their efficient scale
Explanation:
A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market price is set by the forces of demand and supply.
If firms are earning positive profits, in the long run new firms would enter into the industry and this woold drive positive profits to zero. As a result , firms would be operating at the efficient scale.
I hope my answer helps you
Answer:
long run, productive resources
Explanation:
The following is contextual translation of the <em>English</em> sentences to Spanish sentences:
Question 1:
Un hombre sacando una bolsa de garaje de una lata en una cocina.
Question 2:
Una mujer en un dormitorio poner una hoja en una cama.
Question 3:
Un hombre de pie en una sala de estar aspirando una alfombra.
Question 4:
Una mujer en un estudio desempolva un escritorio con un paño.
Answer:
False advertising.
Explanation:
The car dealership is showing some advertising that caughts public atention because it offers lower rates and cheap prices for a product that it may not even exist. This is why is called false advertising, because at the time costumer arrives to the dealership asking for the car advertised, they try to sell a different product that is even more expensive.
Answer:
C. role relativism
Explanation:
In this relativism the moral fits to the goals of the company so its adjusted to gain the goals set inside the firm regardless personal views.
