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Sedbober [7]
2 years ago
13

Which of the following statements describes the most likely reason why

Business
1 answer:
Kryger [21]2 years ago
8 0

Answer:

D. they can save money this way.

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In the long run, assuming that the owner of a firm in a competitive industry has positive opportunity costs, she a. should exit
Svetradugi [14.3K]

Answer:

c. will earn zero economic profits but positive accounting profits

Explanation:

A competitive industry is characterised by many buyers and sellers of homogenous goods and services.

There are no barriers to entry and exit of firms. If firms in a competitive industry earn economic profit in the short run, firms enter into the industry in the long run and economic profit falls to zero.

A competitive firm earns accounting profit but doesn't earn economic profit.

Accounting profit = Revenue - Cost

Economic profit = Accounting profit - Opportunity cost

I hope my answer helps you.

5 0
3 years ago
Which of the following caused readership of The Boston Globe to plummet?
Vera_Pavlovna [14]

IT IS>>>>>>>> ONLINE NEWS

5 0
3 years ago
What type of competition exists in the aviation sector? And why?
shtirl [24]

Answer:

Oligopoly market structure

Explanation:

The airline industry is characterized by an oligopoly market structure, a form of imperfect competition in which a limited number of firms dominate the industry. Oligopoly firms have market power in setting or altering prices for their products by establishing various output values.

8 0
3 years ago
A cashier employed for 18 years ate a bag of potato chips without buying them while at work. She paid for the bag as soon as her
Arturiano [62]

Answer:

The human rights violated was the Americans with Disability Act (ADA)

Explanation:

The Americans with Disability Act (ADA) which became effective in 1990 is a a civil rights act that prohibits any form of discrimination based on disabilities. The civil rights law also covers for employees with disabilities which include both mental and physical conditions.

As stated by the Equal Employment Opportunity Commission, some disabilities included in the ADA civil rights law include; autism, diabetes, multiple sclerosis, bipolar disorder and many others.

From the case stated above, the cashier, a diabetic ate a bag of potato chips without paying but paid as soon as her shift ended which led to the termination of her appointment.

She ate the chips without paying because she realized her blood glucose level was low and was about to have a hypoglycemia attack.

Her employer knew of her disability but still went ahead to fire her, violating her ADA civil rights.

Knowing about her disability, they would have accommodated her seeing that she prevented an impending emergency (hypoglycemia attack). No matter how strict the organization’s policies are, they should be flexible especially with disabled people.

6 0
3 years ago
Which of the following refers to the process of​ collecting, analyzing, and interpreting data about​ customers, competitors, and
yKpoI14uk [10]

Answer:

d.  Market research

Explanation:

Market research -

It is one of the important step for the organisation ,

In this process , the information and data is collected , analysed and interpreted with respect to the customers reviews or feedback .

This step helps to enhance the production , sale and marketing of the goods and services the company produces , which in turn increases the profit earned by the company .

Hence , from the given information of the question ,

The correct option is  d.  Market research .

3 0
3 years ago
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