1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sineoko [7]
2 years ago
13

Is zero economic profit inevitable in the long run for monopolistically competitive firms? in the long run, monopolistically com

petitive firms.
Business
1 answer:
iogann1982 [59]2 years ago
6 0

Firms usually engage in a lot of activates for profit.  Zero economic profit  may continue to earn profit by reducing costs.

  • A monopolistic competitor, like some organizations often earn profits in the short run. The entry of some firms into the same market can bring about a shift in the demand curve faced by a monopolistically competitive firm.

When economic profit is zero, an organization is known to be earning the same as when its resources were used in the next best alternative.

See full question below

Is zero economic profit inevitable in the long run for monopolistically competitive firms? In the long run, monopolistically competitive firms

A. will not continue to earn profit because the cost of production will rise as new firms enter the market.

B. may continue to earn profit by convincing consumers their products are different.

C. will continue to earn profit due to barriers to new firms entering the market.

D. may continue to earn profit by instead beginning to produce a product identical to competitors.

E. will not continue to earn profit because monopolistically competitive firms produce identical products.

Learn more from

brainly.com/question/14406708

You might be interested in
Since your first birthday, your grandparents have been depositing $1,000 into a savings account on every one of your birthdays.
irina1246 [14]

Answer:

$25,650

Explanation:

The formula for calculating the future value of an annuity is:

F = P x ([1 + I]^N - 1 ) / I

where:

  • P = payment amount = $1,000
  • I = interest rate = 4%
  • N = number of payments = 18

F = $1,000 x ([1 + 4%]^18 - 1 ) / 4% = $1,000 x (1.04^18 - 1 ) / 4% = $1,000 x (2.026 - 1 ) / 4% =  $1,000 x 1.026 / 4% = $25,650

4 0
3 years ago
The president wishes to increase spending for education by $4 billion but also maintain a balanced budget. Therefore, taxes will
castortr0y [4]

Answer:

it will increase

Explanation:

4 0
3 years ago
Fill in the blank!! Many products, such as golf clubs, are made with graphite-epoxy resins because it's strong and lightweight.
TEA [102]
I think the answer is E. both supply and demand would increase.
I think this because the decrease in making would lower the price of the golf clubs. Therefore making people more likely to buy (demand increasing). The supply would also increase also because with a higher demand, the people buying the golf clubs would cause their supply of golf clubs to increase.
4 0
3 years ago
Shane is the project manager of the organizational development team at Solid Hardwoods. Shane's team has been assigned the task
qaws [65]

Answer: Option B

Explanation:  Centralization or centralization  is the mechanism by which an organization's operations, particularly those related to planning and policy-making, framing strategies and regulations, are consolidated within a specific geographic region unit and are handled by some for the individual employees within.

These employees are usually the top managers and executives working in the company and have authority to make decisions that can impact the company as a whole.

Hence from the above we can conclude that the correct option is B.

7 0
3 years ago
Rico bought 100 shares of Banana Republic stock for $24.00 per share on January 1, 2010. He received a dividend of $2.00 per sha
dimaraw [331]

Answer:

12.5%

Explanation:

We have to first calculate Rico's gain per share during the 2010-2012 period:

Rico's gain = -initial purchase price + dividend 1 + dividend 2 + dividend 3 + sales price

Rico's gain = -$24 + $2 + $3 + $4 + $18 = $3

$3 represents a 12.5% [= ($3 / $24) x 100] rate of return for the holding period.

B. 12.5%

Rico bought 100 shares of Banana Republic stock for $24.00 per share on January 1, 2010. He received a dividend of $2.00 per share at the end of 2010 and $3.00 per share at the end of 2011. At the end of 2012, Rico collected a dividend of $4.00 per share and sold his stock for $18.00 per share. What was Rico's realized holding period return? (Pick the closest answer.)

7 0
3 years ago
Read 2 more answers
Other questions:
  • What was the nickname of the person who replaced Don Meredith during the 1974 pre-season?
    13·2 answers
  • The form of resource (input) substitution where one input can be exactly substituted for another in production is known as: Sele
    5·2 answers
  • How has tobacco use changed over the last few decades?
    13·2 answers
  • Pompeii, Inc., has sales of $46,200, costs of $23,100, depreciation expense of $2,200, and interest expense of $1,700. If the ta
    6·1 answer
  • One major role of firms is to manage risk. Consumers do not want to pay for products of unknown quality or where the delivery da
    5·1 answer
  • 2. Efficiency and effectiveness (Connect, Perform) Read the scenario and then complete the sentence with the correct term. Manag
    15·1 answer
  • Judd, Inc., owns 35% of Cosby Corporation. During the calendar year 2010, Cosby had net earnings of $300,000 and paid dividends
    8·1 answer
  • what are the economic factors influencing the communication industry as a whole and how does this impact the economic base​
    15·1 answer
  • Scientific management is the study of work methods to improve the productivity of _____.
    5·1 answer
  • On January 2, 2021, Hernandez, Inc. signed a ten-year noncancelable lease for a heavy duty drill press. The lease stipulated ann
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!