<span>The argument which supports the perception of big business leaders as "captains of industry" is being revealed by the first option represented above: </span>a industrialists support for technology benefited the economy as this is one of the main statements from t<span>he triumph of industry.
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Salutary products are products that have low immediate appeal but may benefit consumers in the long run.
<h3>What is Long Run?</h3>
There is a time frame known as the long run during which all cost and production elements are erratic. In the long run, businesses modify every expense, but in the short term, they can only affect prices by changing their production levels. A company may also anticipate competition in the long run, even though it may currently have a monopoly in the near term.
A long run is a span of time during which a manufacturer or producer can make production-related decisions with some latitude. Depending on the predicted profits, businesses can either increase or decrease their production capacity, or enter or leave a certain industry.
In order to achieve an equilibrium between supply and demand, firms that look at the long term understand that they cannot change output levels.
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Answer:
Long-term debt: DECREASED by $2,000
⇒ DOESN'T AFFECT OPERATING CASH FLOW SINCE IT IS A FINANCIAL ACTIVITY (DECREASES CASH FLOW FORM FINANCIAL ACTIVITIES)
Accounts payable: DECREASED by $2,000
⇒ DECREASES OPERATING CASH FLOW
Long-term assets: DECREASED by $1,000
⇒ DOESN'T AFFECT OPERATING CASH FLOW SINCE IT IS AN INVESTING ACTIVITY (INCREASES CASH FLOW FORM INVESTING ACTIVITIES)
Accounts receivable: DECREASED by $2,000
⇒ INCREASES OPERATING CASH FLOW
Inventory: DECREASED by $3,000
⇒ INCREASES OPERATING CASH FLOW
Public goods are available everywhere and are <span>both non-excludable and non-rivalrous</span>
They represent a market failure because <span>by their very nature they are nonexcludable and nonrival which makes it difficult for the private sector to supply them profitably. Answer: B
</span>Public goods are nonrival in consumption and their benefits are nonexcludable
