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]
3 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]3 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
When presenting negative news, you should Multiple Choice avoid offering an alternative solution to the problem. help the reader
Contact [7]

Answer:

<u><em>The correct answer is:</em></u> deliver the bad news at the end of the message.

Explanation:

Presenting negative news is always challenging. That is why it is necessary that before presenting a negative news the ideal approach is chosen according to the public, the approach can be direct or indirect, in the direct approach, the problem is presented in a more objective way, and in the indirect approach some resources to cushion negative news and not have such a negative impact on the public.

The ideal approach depends on the analysis that will analyze the public's receptivity to the message. <u>Therefore, when choosing the direct approach, it is necessary to avoid delivering bad news at the end of the message, as this can be viewed negatively and not objectively by the public. </u>

There needs to be an explanation of the reasons for the negative message, which ensures greater objective understanding of the facts and understanding.

5 0
3 years ago
A company purchased $1,800 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $200 worth of merchandise. On
8_murik_8 [283]

Answer:

Debit : Account Payable $1,600

Credit : Discount Received $32

Credit : Cash $1,568

Explanation:

The correct journal entry to record the payment on July 28 includes a Debit to Accounts Payable and Credit to Discount and Cash. Cash should be after returns and discount received.

8 0
3 years ago
1. Do you think it is a good idea to have employers withhold
Alina [70]

Answer:

No,

Explanation:

The tax withholding system is something that most of us take for granted, but the concerned citizens, politicians and economists who have analyzed it have many criticisms of the system.

Taxpayers have no idea how much they pay and are apathetic about tax rates

If taxpayers had to make one large payment, they would know exactly how much they were forking over for federal taxes, Social Security taxes, Medicare taxes and state taxes. Since the money is taken gradually, many people never pay attention to the full amount, which makes it easier for high tax rates to persist and for the government to increase tax rates. For example, the state of California in 2009 decided to use the tax withholding system to take a large, interest-free loan from its taxpayers. It increased the withholding tax by 10%, and even journalists didn't seem to notice until the days before the rate hike was implemented. The government says it will refund the borrowed money in April.

5 0
3 years ago
The prisoner's dilemma game illustrates rational decisions made by individuals which lead to a jointly efficient outcome.
ad-work [718]
The statement that "<span>The prisoner's dilemma game illustrates rational decisions made by individuals which lead to a jointly efficient outcome" is false.

</span><span>The prisoner's dilemma is a standard example of a game analyzed in game theory that shows why two completely "rational" individuals might not cooperate, even if it appears that it is in their best interests to do so.</span>
8 0
3 years ago
Please label each scenario as to whether or not the person is acting rationally and making choices leading to the outcome they d
BARSIC [14]

Answer:

Irrational Decision

Explanation:

  • He made this decision for his own, and because of that his parents may have gotten hurt. He could have acted that he liked the meal for the sake of his parents.
  • Could have ordered something else if he he didn't like that specific meal.
6 0
3 years ago
Other questions:
  • Metlock Company signed a long-term noncancelable purchase commitment with a major supplier to purchase raw materials in 2021 at
    11·1 answer
  • Setup Corporation buys $100,000 of sand, rock, and cement to produce ready-mix concrete. It sells 10,000 cubic yards of concrete
    13·1 answer
  • As the only store to design and sell curtains in the suburb of Oakland, the merchandise sold by Plush Parade is overpriced. Noti
    5·1 answer
  • Kwan wants to open a new business in his own country, Singapore. He has decided on a form of licensing that will provide him wit
    8·1 answer
  • The process that individuals or groups go through to select, purchase, use, and dispose of goods, services, ideas, or experience
    11·1 answer
  • HVAC Services Inc. employs two hundred workers. Workers who lose their jobs with HVAC may have a right to continued health-care
    14·1 answer
  • Cazenovia is in the midst of a bad? recession, and its Congress has placed economic recovery at the top of its political agenda.
    6·1 answer
  • _____ media are specifically designed to help bring customers eyeball to eyeball with the product--often at the point of sale or
    13·1 answer
  • Let's cost a job. Here is some data. What is the total cost on this job? Direct Materials $1,393 Direct Labor hours incurred to
    8·1 answer
  • Describe where you are in life right now. What makes you most excited about where you are now? What questions do you have, and w
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!