Answer:
The correct answer is option C.
Explanation:
`If firms can easily enter and exit the market, then firms operating in the market will earn zero economic profit in the long run. This is because the short run is too short for firms to enter and exit so potential firms will enter and exit in the long run.
If the existing firms will be having negative profits, the firms having loss will exit the market. This will reduce market supply. As a result, the price level will increase. This will go on until all firms will have zero economic profits.
Similarly, if the existing firms are having positive economic profits in the long run, the other firms will enter the market. This will increase the market supply such that the price level decreases. This will go on till all the firms will be having zero economic profits.
Answer:
The correct answer is C
Explanation:
Bank asset is the assets which represent the ownership of the value capable of being converted into cash. So, the reserve which the banks hold or refrain from using will be classified as the asset for the bank. And the deposit made by the customer will be classified as the current liability as the bank allows the customers to use their deposits whenever they want to use.
Therefore, the reserve is a part of bank asset whereas the deposits will not be a part of bank asset.
The value of the item. ♀️
Answer: "statuses" .
_________________________________________
Answer: Option 'B' is correct.
Explanation:
<u>Milestones</u> are formal project review point used to assess progress and performance.
As Milestones is a way to increase the productivity as well as the profitability of the company.
Milestones are observable and measurable and act as progress flags.
Milestones has zero duration, so, it is independent of time.
So, No work is associated with it.
Hence, Option 'B' is correct.
