Answer:
The correct answer is option d.
Explanation:
A pure monopoly is a type of market structure where there is only a single firm in the market which is producing a good with no close substitutes. Such a market also has high barriers to entry.
A pure monopolist can have economic profits in the long run because of barriers to entry.
In the short run, all types of market structures can have positive profits because the short run is too short for new firms to enter.
But in the long run, if there is no or relatively low barrier to entry, positive profit will attract other firms to join the market. This will reduce profits to zero.
But the firms cannot enter into a pure monopoly market, so the monopolist can earn positive economic profits in the long run.
It seems that you have missed the necessary options to answer this question, but anyway, here is the answer. <span>A net worth statement, insurance plan, and a budget are all part of a SAVING AND INVESTING PLAN. Hope this is the answer that you are looking for. </span>
Answer:
A. are typically involved with producing the organization's products or providing its service
Explanation:
First-line managers are those who are directly above non-managerial workers. They are at the bottom of the managerial chain, but they are very important in a company.
A typical first-line management position is that of supervisor. The supervisor can oversee a production-line and check for quality standards, or can be the supervisor in a service-oriented firm, and check for possible improvements in customer service.
Answer:
15.26%
Explanation:
Given:
Expected return = 15.1% = 0.151
Expected loss in recession = - 8% = - 0.08 [negative sign depicts loss]
Expected earning in a boom = 18% = 0.18
Probabilities of a recession = 2% = 0.02
Probabilities of a normal economy = 87% = 0.87
Probabilities of a boom = 11% = 0.11
Now,
Expected return = ∑ (Probability × Return)
or
0.151 = 0.02 × ( - 0.08) + 0.11 × 0.18 + 0.87 × Return on normal economy
or
0.151 = - 0.0016 + 0.0198 + 0.87 × Return on normal economy
or
0.151 - 0.0182 = 0.87 × Return on normal economy
or
Return on normal economy = 0.1526
or
= 0.1526 × 100%
= 15.26%
We answer this question by bringing about the following supposition:
<span>The corrective tax policy and the number of pollution permits available do not change in spite of this demand shift.</span>
