Answer:
Therefore option A is correct.
All firms selling corn must have the same MC regardless of each firms cost structure
Explanation:
In the perfectly competitive market, for profit maximization we set P = MC
In the perfectly competitive market, firms are price taker so demand curve is same for every firm and price is same too, so MC must be same for every firm
Therefore option A is correct ie. all firms selling corn must have the same MC regardless of each firms cost structure.
There are several types of organization restructuring:
<span>1. </span>Downsizing
<span>2. </span>Starbust
<span>3. </span>Verticalization
<span>4. </span>De-layering
<span>5. </span>Business process re-engineering
<span>6. </span>Outsourcing, and
<span>7. </span>Virtualization
<span>Among them, the type of restructuring to retain the most essential employees is known as de-layering. D</span><span>e-layering involves breaking down the typical pyramid setup into a flat organization. Its purpose is to thin out or lessen the top layer of unproductive and highly paid ‘white collar’ personnel. It promotes innovation, builds customer intimacy and increases consumer satisfaction. The main advantage is that the decision-making process becomes more effective and shorter.</span>
Answer:
The correct answer is 999%
Explanation:
We will use the Quantity Theory of Money to solve this simple question.
The Quantity Theory of Money equation is equal to:
ΔM X V = ΔP X ΔY
Where:
- ΔM = Change in Money supply
- V = Velocity, which does not change, because it is assumed to be constant
- ΔP = Change in prices, or inflation
- ΔY = Change in output or GDP
According to this theory, inflation is equal to:
ΔP = ΔM + V - ΔY
Replacing...
ΔP = 1010% + 0 - 11%
ΔP = 999%
So the price change, or inflation rate is 999%.
I would think the answer is C.
