1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Semmy [17]
2 years ago
5

General Snacks is a typical firm in a market characterized by the model of monopolistic competition. Initially, the market is in

itially in long-run equilibrium, and then there is an increase in demand for snacks. We expect that: Group of answer choices in the long run, new firms will enter the market. there will be a short-run increase in the number of firms, but in the long run the number of firms will return to the original level. firms will leave the market in the long run. firms will shut down, but they will not leave the industry in the long run.
Business
1 answer:
Harrizon [31]2 years ago
7 0

Answer:

Firms will leave the market in the long run.

Explanation:

Firms will leave the market in the long run.

Generally, the new firms enters in the market because the incumbent firms makes super normal profit. So in the long run, the continuous entry of firms will make the profit zero. Thus, when there is zero profit in the long run then the firms will start leaving the market and the demand for remaining firms will start rising because when firms start leaving the market then supply falls.

You might be interested in
All of the following statements regarding accounting treatments for liabilities under U.S. GAAP and IFRS are true except:_______
mihalych1998 [28]

Answer:

A) Accounting for bonds and notes under US GAAP and IFRS is similar.

Explanation:

US GAAP and IFRS do not have the same accounting guideline for bond issue cost:

Under US GAAP, bonds payable is recorded at face value while premiums or discounts are recorded separately. While under IFRS, bonds payable is recorded using the carrying value, and amortization or premiums or discounts is done by using the effective-interest method.

5 0
2 years ago
Many advertising organizations say that applying the term "unfair" to an advertisement is
Vadim26 [7]

Answer:

<em>Necessary to protect consumers from harmful products</em>

8 0
2 years ago
In the individual level adoption process for a low involvement good, such as a new pack of gum or candy bar, what two steps in t
likoan [24]

Answer:

evaluation and trial

Explanation:

In low involvement goods such as a new pack of gum or candy bar the evaluation and trial stages are often reversed. This is mainly due to there being very low risk for trying out a new unrecognized brand of such a product, this combined with the amount of time needed in order to evaluate other options greatly outweighs the benefit. Therefore most individuals try the product out instead of evaluating all options which isn't done for higher risk purchases.

8 0
2 years ago
xyz company recently signed a lease on their new office space. as part of the lease agreement, they must pay for property's real
erastovalidia [21]

If they must pay for property's real estate taxes and premiums for insuring the building. The type of lease xyz company sign is:<u> Double net lease.</u>

<h3>What is Double net lease?</h3>

Double net lease can be defined as form of agreement that occur between a tenant and a landlord were the tenant agrees to pay for the cost of rent while the landlord on the other hand agrees to pay for operating expenses incurred by the tenant.

Based on the given scenario the type of the lease xyz company sign is called double net lease as they have to pay for property's real estate taxes  as well premiums for insuring the building.

Therefore the type of lease xyz company sign is:<u> Double net lease.</u>

Learn more about  double net lease here:brainly.com/question/14244511

#SPJ1

4 0
1 year ago
A setting of plainsong with two to four notes per syllable is called:
Anon25 [30]
Neumatic gregorian chant
7 0
3 years ago
Other questions:
  • How to supply and demand work together to determine price? In other words, what happens to both supply and demand when prices ri
    9·1 answer
  • Concord Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Date Transac
    9·1 answer
  • True or false: market capitalization is equal to # of shares outstanding times earnings per share.
    13·1 answer
  • 4. A company expects its September sales to be 15% higher than its August sales of $140,000. Purchases were $75,000 in August an
    7·2 answers
  • Looking forward to next year, if Chester’s current cash balance is $17,478 (000) and cash flows from operations next period are
    9·1 answer
  • TIMED TEST!!
    13·1 answer
  • Define lifestyle goals
    6·1 answer
  • 4. The real interest rate is 3 percent, and the nominal interest rate is 5 percent. What is the anticipated rate of inflation? 1
    14·1 answer
  • How did McDonald's use innovation and enterprise to help it's business growth?
    13·1 answer
  • The amount of reserves that a commercial bank is required to hold is equal to?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!