Competitor pricing. Because all stores compete to have better sales so they change their prices to make them better to make a profit.
Answer:
C. Choose the price where the quantity demanded equals the quantity supplied because that is the equilibrium condition.
Explanation:
The equilibrium price is the most ideal because at this price the consume is willing to buy, if price goes above this the consumer may look for an alternative and this will further increase surplus.
Also when there is surplus the suppliers will find a way to sell competitively at the equilibrium price.
Answer:
B. The long-run average total cost curve is derived by tracing out all of the firm's short-run average total cost curves.
Answer:
Abstract Thinking
Explanation:
Abstract Thinking is the ability to think about concepts, objects or idea which are neither associated with any specific instance nor have any physical presence.
It considers paying attention to the hidden meanings which in turn enable you to understand different possibilities.
Credit card commercials do not show <u>2. People making </u><u>payments</u> for months or years on those credit card purchases.
<h3>What are credit card commercials?</h3>
Credit card commercials are the adverts placed on various media by credit card companies to entice individuals to sign on a credit card.
The commercials will show the great life of getting a credit card and making purchases convenient, including other enticements.
Thus, credit card commercials do not show <u>Option 2.</u>
Learn more about credit cards at brainly.com/question/2808739