Answer:
B. in both industry structures, the firm's demand curve is downward sloping.
Explanation:
Both firm types have a downward sloping demand curve which indicates that as price is increased, quantity demanded falls.
Monopolistic competition have no barriers to entry while a monopoly does.
Monopolistic competition have many sellers while a monopoly has one seller.
Monopolistic competition break even in the long run while monopoly maintain super normal profits in the long run
Answer: Opening an account with a mutual fund family, then investing in an open ended S&P 500 index mutual fund each month.
Explanation: The problem with the ETF is the "commission" that wil reduce my investment in $ 5 each month; my investment will be $100-$5 =$95 which is less than $100 each month in a mutual fund.
Answer:
Which of the following pathways are considered part of the government and public service cluster?
planning
teaching and training
construction
national security
Explanation:
Answer:
-Regulatory compliance costs FIXED COST
-Salaries of top management and key personnel FIXED COST
-Cost of metal used in manufacturing VARIABLE COST
-Cost of wood used in manufacturing VARIABLE COST
-Mortgage payments FIXED COST
-Industrial equipment costs FIXED COST
-Interest on debt FIXED COST
-Postage and packaging costs VARIABLE COST
