Some of the 200 firms in market X, a perfectly competitive market, are incurring losses. How will these losses influence

(a) exit out of the market,

(b) the supply of the good produced in the market, and

(c) the price of the good?

Explain your answers.

Dominic and stacy each have a stamp collection. dominic has six fewer stamps than three times the number of stamps stacy has. dominic and stacy decide to give all of their stamps to their younger sister, mary. if stacy had s stamps, which expression represents the number of stamps that mary received? a. (3s − 18)(3s − 6) b. 2s − 18 c. 4s − 6 d. 4s − 18

Alexander hamilton was one of the most important of the founding fathers. which of the following is he responsible for? select all that apply.

Not all members of the radio audience of orson welles' war of the worlds broadcast panicked immediately. indeed, some didn't panic until they looked out of the window and saw empty streets; others didn't panic until they saw streets full of traffic. it was after checking out the situation that these citizens decided that the martians had indeed invaded earth. this example illustrates that contagion can result when people look to others for the interpretation of ambiguous situations . can result when cultural norms reinforce people's most likely responses. occurs primarily because humans are by nature irrational creatures. is especially likely when people are motivated to make independent decisions.