Answer:
1. False
2. True
4. False
Explanation:
In the long run, a firm in a monopolistic competition may not make positive profit why because they have a highly elastic demand, meaning the market is sensitive to price changes. Profit may turn negative in the long run, as they spend heavily on marketing because there are many firms offering products that are similar although not identical.
True, there are few barriers to entry in monopolistic competition.This makes monopolistic competition similar to perfect competition since all firms are able to enter into the market if they feel the profits are okay.
Oligopoly is different from monopolistic competition since firms set prices collectively in a cartel or under the leadership of one firm, rather than taking prices from the market. However, In monopolistic competition, there are many producers and consumers in the marketplace who can take unexpected decisions (independent decisions), but oligopoly blocks new entrants, and increase prices.
<span><span>Interest is...The amount owed for borrowing money.</span><span>Which payment type can help you stick to a budget?Debit cards</span><span>If you are planning to carry a large balance on your credit card, which of the following credit card features should you look for?<span>Low APR</span></span></span>
COIs stands for Conflicts of Interests. COIs occur when there are two or more interest of contradiction due to any activity in an institution or organization. FDA has regulations for the COIs in clinical research. The FDA regulations governing disclosure of individual COIs require disclosure of Significant Financial Interests that would effect the funding.
Answer:
higher taxes
Explanation:
if we raise minimum wage the tax scale will also raise. our income bases off how much we pay in taxes. meaning more money, more taxes.
The answer is: b. Markets motivate individual actors to make economic decisions.
In a capitalist economy, the government has very little influence to intervene in the economy. The market is solely controlled by the power of supply and demand. When a lot of people demanded a certain type of products, people who will gain the most profit would be those who are bale to make economic decisions to fulfill the demand in the market.
