Answer: Option (B) is correct.
Explanation:
The following events are mostly likely to occur:
(1) New firms will enter the market.
(3) In the long run, all firms will be producing at their efficient scale.
If in a perfectly competitive market, firms observing that there is an increase in the demand for the goods, as a result this will increase the price of the goods in the short run.
But, there are some new firms enter into the market. This will shift the supply curve rightwards as a result there is a reduction in the price level in the long run.
Hence, all the firms are producing at a efficient level of production in the long run.
Answer:
Canton Corporation
Income Statement for December 31, 2016
$
income from continuing operations before income taxes 110,000
Less: Income Tax 30% <u>38,500</u>
Income from continuing operations 71,500
Gain on disposal of discontinued component 28,000
Tax on disposal of discontinued component (8,400)
Loss from operations of discontinued component <u>(50,000)</u>
Net loss from discontinue operations <u>(30400)</u>
Total Comprehensive Income <u>41,100</u>
The level at which Conway operates at his organization is called the Corporate Level.
Corporate Level strategy means the top hierarchy approach for administering and directing the entire activities of the organization
Here, Craig Conway is the CEO which is a top-hierarchy for his company. Any operation planned, administered and directed from his position in the organization means he is operating at the Corporate Level
Therefore, the level at which Conway operates at his organization is called the Corporate Level.
Read more about this here
<em>brainly.com/question/19699354</em>
If the demand for a consumer good decreases the demand for resources required to make the good will decrease.
A consumer is a person who orders, orders, or uses purchased goods, products, or services primarily for personal, social, family, household, and similar needs not directly related to an entrepreneurial or business activity. A person or group intended to
Consumers are defined as individuals or businesses that consume or use goods or services. A customer is a buyer in the economy who buys goods and services, and can exist as a consumer or as a sole customer.
A person who purchases a product or service for personal use rather than manufacturing or reselling it is called a consumer. A consumer is someone who decides whether to purchase an item in a store or who is influenced by advertising and marketing.
Learn more about consumer here:brainly.com/question/380037
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I believe Jane can take the "IQ intelligence test" since it questions her knowledge and 'outside the box' situations of her job, as a participant.
Hope this helps :)