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PtichkaEL [24]
2 years ago
11

The long-run industry supply curve is the graphic representation of the quantity of output that the industry is prepared to a. s

upply at a single price after the entry and exit of firms is completed. b. supply at different prices after the exit of firms is completed. c. purchase at different prices after the entry and exit of firms is completed. d. supply at different prices after the entry and exit of firms is completed. e. purchase at different prices after the entry of firms is completed.
Business
1 answer:
Arisa [49]2 years ago
6 0

Answer: d. supply at different prices after the entry and exit of firms is completed.

Explanation:

The industry supply curve simply shows the relationship that exist between the price at which a good is sold and the industry's total output.

The long-run industry supply curve simply refers to the graphic representation of the quantity of output that the industry is prepared to supply at different prices after the entry and exit of firms has been completed.

At the long-run industry supply curve, it depicts the locus of price and the output produced in that industry as each firm aims to maximize profit.

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Explanation:

a company that is considered the most effective in its industry, for example, because it sells more products, makes more profit, or has a better known brand than its competitors: The industry leader with a 30% market share, it is expected to grow 35% a year.

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1. Identify and describe two incremental cash flows from a proposed project such as expanding a product line or launching a new
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Explanation:

1. Incremental cash flow is the potential increase or decrease in cash flow from an investment this could be positive or negative.

In this case in expanding a product line or launching a new project incremental cash flow could be.

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b. Negative: this is the decrease in cash flow due to the product launch and expansion

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3 years ago
Other things being equal, a ________ supply of workers tends to put ________ pressure on real wages.
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The answer is, larger; downward.

  • Other things being equal, a larger supply of workers tends to put  downward pressure on real wages.

<h3>How do wage increases affect the demand for and supply of labor?</h3>
  • The quantity of work required will alter in response to changes in pay or salary.
  • Employers will want to hire fewer workers if the pay rate rises.
  • There will be a reduction in the amount of labor requested and an upward shift in the demand curve.

<h3>What causes wage increase?</h3>
  • There are several reasons why employers may decide to raise salaries.
  • An increase in the minimum wage is the most frequent justification for wage increases.
  • The minimum wage can be raised by both the federal and state governments.
  • Companies that manufacture consumer items are also renowned for giving their employees small pay raises.

<h3>How does wage increase affect supply?</h3>
  • The aggregate supply curve shifts inward when the money wage rate increases, which results in a decrease in supply at all price levels.
  • The aggregate supply curve shifts outward as the money wage rate declines, increasing the quantity supplied at any price level.

Learn more about  real wages here:

brainly.com/question/1622389

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