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solmaris [256]
3 years ago
15

What is true for monopoly that is not true for perfect competition? profit is maximized where mr = mc. the industry demand curve

is downward sloping. the firm and the industry are exactly the same entity. positive economic profits may be earned in the short run?
Business
1 answer:
Andru [333]3 years ago
6 0
The answer is the third option. It is true for a monopoly that is not true perfect competition that the firm and the industry are exactly the same entity.

In a perfect competition the industry (producers) is composed of a large number of companies or firms that compete in the market, trying to give the best product/service to the lowest cost, while in a monopoly there is one only firm which constitute the industry.
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The correct answer is  A. King John’s poor financial decisions and loss of territory

Explanation:

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The Journal entry is as follows:

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The organizations likely to benefit the most from the global reach of e-commerce are those that.
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The companies likely to advantage the most from the worldwide attain of e-commerce are those who more than one choice

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international attain refers to a commercial enterprise initiative to boom the get right of entry to between an agency and their modern and ability customers thru using the internet. The internet allows the corporation to market themselves and entice new clients to their website where they are able to offer product records and higher customer service.

clients can vicinity orders electronically, consequently reducing luxurious long remote cellphone calls and postage prices of placing orders, even saving time on behalf of the purchaser and employer.

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Delayed Payment means a purchase by a buyer in which title to the grain passes to the buyer at a determined price and payment to the seller is not made in less than twenty-one (21) days after delivery.

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