Aperfectly competitive increasing cost industry is in long-run equilibrium. due to a change in tastes and preferences, there is a decrease in demand. which of the following best describes the effect on the industry? the price will a. increase comma firms will produce more comma profits will increase comma and more firms will enter until profit returns to zero. b. decrease comma firms will produce less comma profits will be below zero comma and firms will exit until profit returns to zero. c. decrease comma firms will produce more comma profits will decrease comma and more firms will enter until profit returns to zero. d. decrease comma firms will produce less comma profits will increase comma and more firms will enter until profit returns to zero.

The following information is available for ellen's fashions, inc. for the current month. book balance end of month $ 7 comma 000 outstanding checks 700 deposits in transit 4 comma 500 service charges 120 interest revenue 45 what is the adjusted book balance on the bank reconciliation?

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided

1. list five staple convenience goods that you or your household buys on a regular basis. (you do not need to use complete sentences. 2.5 points) 2. list three impulse convenience goods that you or someone you know has purchased. (you do not need to use complete sentences. 2.5 points) 3. describe a shopping good that you or someone you know purchased. what kind of research did you or that person do before buying the product? (1-5 sentences. 3.0 points) 4. choose an example of a company you could start, and decide which business structure would make the most sense for that type of company (sole proprietorship, partnership, llc, c corporation, s corporation, or nonprofit corporation). explain why this structure would be good for this type of company. give at least 3 reasons. (3-6 sentences. 6.0 points) 5. if you were starting a new business, describe at least three departments to the company that you would need right away. why are these departments so important? (1-5 sentences. 3.0 points) 6. describe a product that you think has saturated its market. what makes you think it has saturated its market? (1-5 sentences. 3.0 points)