Answer:
I think it is C, you can check my answer.
Explanation:
Answer:
Option “A” Increase, output to increase, price to decrease, and profits to decrease.
Explanation:
Option A is the correct answer because the purely competitive industry is the one in which there are free entry and exit of firms. Generally, firms enter when there is economic profit in the industry. In this way, the economic profit of the industry will attract new firms to enter the industry. Accordingly, new firms will enter the industry. As a result of the entry of new firms in the market, the supply of goods and services (industry supply) will increase which will result in a decrease in the prices of the commodity. This decrease in price will result in lower profit.
Answer:
The answer that would best complete the given statement above would be forced people to follow its teachings
. During the 1500s, the Catholic Church was often criticized by reformers because it forced people to follow its teachings. Hope this answers your question. Have a great day ahead!
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Answer: Japan must import many raw materials for their manufacturing industries.
Explanation:
Japan is an archipelago made up of 6852 islands and surrounded by the Pacific Ocean and various seas. It has limited resources because 73% of the island is mountainous, and only 14% of its territory is an act for agriculture.
Despite this, Japan is a very industrial country, with large companies technological and industrial development. To do this, they export most of the raw materials they use.
Despite the lack of its own raw materials, Japan has the 3rd best economy in the world, with large developed cities, and a multi-service economy.
<em>I hope this information can help you.</em>
