Which of the following is not true of monopolistic competition?

I. In the long run the demand curve will shift to the left until price equals average total cost and economics profit increases.
II. in the long run it does not operate at minimum average cost.
III. There are large number of buyers and sellers, it is a price maker, and there are low barriers of entry.

Answers

Answer 1

Answer:

The statement that in the long run the demand curve will shift to the left until price equals average total cost and economic profit increases is not true.

Option: (I)

Explanation:

In monopolistic competition, the demand for the commodity that is manufactured often remains constant, or at instances, increases as the manufacturer is the only player producing the commodity in that particular segment, or of that particular brand, or of that particular quality.These manufacturers often sell their products at costs more than the marginal costs by taking advantage of the monopolistic competition in place.

Related Questions

7. Do you possess excellent organizational and interpersonal skills with the ability to coordinate and interact with clients and customers.

Answers

Interpersonal skills configure the ability to relate well with other people and generate positive results from these connections. An environment with strong interpersonal skills is characterized by creating stronger and therefore more rewarding interactions. Such interactions build strong relationships, clear and efficient communication, ethical behavior, and effective team building.

Which Venn diagram compares and contrasts Abraham Lincoln and Robert E. Lee after the Civil War ended?

Answers

The compare and contrast Venn diagram compare and contrasts Abraham  Lincoln and Robert E. Lee after the civil war ended.

Explanation :

Abraham Lincoln and Robert E. Lee were two different personalities hence it was really important to map out their differences in a Venn diagram.Robert E. Lee was two years older then Lincoln but they both died at the same age.Lincoln supported the north whereas Robert was a famous general in the South.During the Civil war, Abraham Lincoln was "The President" and Robert was a general that was part of the Confederacy.The only similarity between them both is that they opposed slavery. Lincoln fought against slavery for the union. Robert fought for slavery even though he opposed it due to the negative flow in the economy if slavery was removed.

Answer:

The answer is A buddy

Explanation:

Korea found themselves in the center invading nations that wanted to expand both their powers and borders. Which of the following expansionist nations was the first to invade Korea?

Answers

I could be mistaken but I believe the Soviet Union

Hello. This question is incomplete. The full question is:

"Korea found themselves in the center invading nations that wanted to expand both their powers and borders. Which of the following expansionist nations was the first to invade Korea? a. Japan c. China b. France d. Britain"

Answer:

a. Japan

Explanation:

Japan was the first country to invade Korean territory.

The Korean Peninsula has been the target of foreign interference since the beginning of the 20th century, especially by the Japanese, who had annexed the peninsula to their territory in 1910. Japan's occupation of Korea was ratified by the signing of the Korea-Japan Annexation Agreement. This agreement started the occupation of Korea by Japanese citizens.

The occupation of Korea materialized from the formation of Japanese colonies on Korean territory. The Japanese took the productive land hitherto occupied by the Koreans and made Koreans to perform forced labor (and many were sent to Japan precisely to accomplish this purpose). In addition, the Japanese occupation was marked by several sexual crimes committed against Koreans.

Because of the violence of the Japanese occupation, the Koreans allied themselves with the Americans' war effort against the Japanese during World War II. The Koreans' great dream of expelling the Japanese invaders was to guarantee Korea's independence, but what the Koreans did not expect is that the powers of war had other interests for the peninsula.

Can someone tell me what is the names of middle colonies?

Answers

Answer:

Middle Colonies

1. New Jersey Colony

2. Pennsylvania Colony

3. New York Colony

4. Delaware Colony

Answer:

New York, Pennsylvania, New Jersey, and Delaware.

Explanation:

These are the middle colonies.

Read this line from the narrative:

In fact, Jilly often looked forward to the warmth of the greenhouse and feeling the heat seep into her bones.

What does this line suggest about Jilly?

She does not like hot climates.
She is often uncomfortable.
She loves her job.
She would rather be in school.

Answers

Answer:

The answer is She loves her job

Answer:

She loves her job.

Explanation:

The keyword is "looked forward".

Deng and Mao
For each idea, determine if it was supported by Mao or Deng

Limited capitalism
Deng Xiaoping
Mao Zedong
No support for capitalism
Collectivization of agriculture
Cultural Revolution
Four Modernizations
Support of "backyard" industries
Limited private ownership of land
Great Leap Forward

Answers

Deng

limited private ownership of land

four modernization

limited capitalism

Mao

Great leap forward

cultural revolution

no support for capitalism

support of "backyard" industries

collectivization of agriculture

The correct matching of the ideas that were supported by Deng are:

limited private ownership of landfour modernizationlimited capitalism

What is Capitalism?

This refers to the political and economic situation where the production of goods and the use of labor is used by private individuals for the purpose of making a profit.

Hence, we can see the ideas supported by Mao are:

Great leap forwardcultural revolutionno support for capitalismsupport of "backyard" industriescollectivization of agriculture

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Enumerated powers are:
a. The powers of the federal government that are specifically described in the
Consitution

b. Powers that are not given to the federal government and left for the states.

c. None of the above.

Answers

Answer:

A

Explanation:

Enumerated Powers specifically outline what the federal government can actually do.  What adds complication is the Necessary and Proper Clause, or Elastic Clause, which gives flexibility in the government's administrative powers and authority, as the Framers recognized that as times change, so will society, technology, etc, and not every new problem that arises can be solved with a document made in the 18th century.

Answer B refers to the Tenth Amendment, where powers not explicitly outlined in the Enumerated Powers are devolved or handed down to the responsibility of state governments.

The president signs a new bill into law. Some people believe the new bill is unconstitutional. According to the system of checks and balances, what can be
done?
The Supreme Court can enact a new law to cancel the old.
The country can vote to overturn the law.
The Legislature can remove the law from the records.
The law can be argued in the Supreme Court.

Answers

Answer:

The law can be argued in the Supreme Court.

Explanation:

Any bill that turns into a law, irrespective of where it originated, can be challenged in the supreme court if an individual or a group of individuals believes that the law is unconstitutional. Any bill to turn into law needs the consent of the president. But despite the bill having signed by the president, the supreme court has the authority to authenticate the constitutionality of the law as only the supreme has the right to give the final interpretation of what the constitution says about the law.

According to Gibbons v. Ogden, a state​

Answers

Answer:

Is...

Explanation:

could make laws regulating businesses that operated only in one state

Answer:could make laws regulating businesses that operated only in one state

Explanation:

Scientists who study patterns of health are called social

A. psychologists

B. anthropologists

c. biologists

D. epidemiologists
SRM

Answers

Answer:

B because it is social.

Answer:

it is D. Epidemiologists. Just took this stest.

Explanation:

What factor led to increased tensions concerning slavery in the United States?

Answers

Answer:  Prior to the Civil War the economies of the North and the South developed differently in the early 1800s. Although both economies were mostly agricultural, the North began to develop more industry and commerce. By contrast, the Southern economy relied on plantation farming.

Explanation:

The issue of slavery caused tension between the North and the South. In the North, the antislavery movement had slowly been gaining strength since the 1830s. Abolitionists believed that slavery was unjust and should be abolished immediately. Many Northerners who opposed slavery took a less extreme position.

Imagine visiting a foreign nation and having to resolve a minor issue with your passport and travel plans. If someone told you that you had to
travel five hours to the national capital to work with the central government, which type of government would this nation most likely have?

Answers

Answer:

This nation would be a Unitary Government.

Explanation:

The unitary government is the one that has a single source of power. In this government, the single central government heads over the local bodies.  

Further administrative divisions are made by the central government that execute only those powers that have been delegated to them by the central government. It is a perfect example of exercising authority over all departments. An example of a Unitary Government is the one in Northern Ireland and the UK.  

Name two federalist mentioned in the video

Answers

Composite monarchy and federal republicanism

Answer:

D.) Maddison and Jay

Explanation:

Just got it right on the quiz

General principles of law are all of the following except

Answers

General principles of law are broadly applicable rules that serve as the foundation for legal systems, unlike principles which are less broadly applicable and often derived from laws themselves.

The student's question is regarding the nature of general principles of law, which is a concept related to legal theories and the foundations of legal systems. General principles of law are meant to be applicable in a broad range of situations within a given domain, making them distinct from more specific principles that apply to narrower circumstances, like Pascal's principle in physics.

Unlike these narrower principles, laws are considered to be universally accepted within their respective domains and have well-established validity, hence they are rarely subjected to direct scientific tests. Moreover, laws are fundamental organizing principles that can inform the development of new hypotheses and experiments. In contrast, principles can be seen as derived from laws and often serve as conventions or definitions that help in understanding or applying those laws.

What is the role of the Vice President in determining if the President can do his job?

Answers

The answer relating to the role Vice president in determining if the president can do his job is explained below.

Explanation:

A Vice President is a person who is one level below the position of the President. He is an official who deputizes the president.

We can see the vice president's position almost everywhere like in banks, in businesses, in government, etc.

In the context of Government, The vice president has the following roles:

preside over Senate deliberationsIn charge of the presidency in case of the Death or Resignation of the Presidentpresiding the Senate on ceremonial occasionsmay participate when tie breaking vote may be neededpresides over joint sessions of congress as well

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How are exchange rates determined in a flexible exchange rate system?
A) US dollar compared to the euro
B) inflation and deflation C) US dollar compared to the pound
D) supply and demand

Answers

Answer:

The correct option is D) supply and demand

Explanation:

In the foreign exchange market, there may be different types of exchange rate systems. A monetary system which depends on supply and demand is known to be a flexible exchange rate system. In contrast, a fixed exchange rate is a type of exchange system in which the rate is fixed by the government and monetary authority. In a flexible exchange rate system, every currency area is free to decide its exchange rate.

What is the role of the Vice President in determining if the President can do his job?

Answers

The answer relating to the role Vice president in determining if the president can do his job is explained below.

Explanation:

A Vice President is a person who is one level below the position of the President. He is an official who deputizes the president.

We can see the vice president's position almost everywhere like in banks, in businesses, in government, etc.

In the context of Government, The vice president has the following roles:

preside over Senate deliberationsIn charge of the presidency in case of the Death or Resignation of the Presidentpresiding the Senate on ceremonial occasionsmay participate when tie breaking vote may be neededpresides over joint sessions of congress as well

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"We only have three weeks until our fall issue goes to print," say Elena as a reminder to the Life
and Art Magazine editors who lagged on deadlines.
A) NO CHANGE
were saying
have said
said?

Answers

The correct answer is said

"We only have three weeks until our fall issue goes to print," said Elena...

Final answer:

The correct option is D) said. "We only have three weeks until our fall issue goes to print," said Elena as a reminder to the Life and Art Magazine editors who lagged on deadlines.

Explanation:

In the given sentence structure, the simple past tense 'said' is appropriate because it indicates that Elena made this statement in the past. It's a completed action without any indication of time framing required for continuous or perfect tenses. Option A) 'NO CHANGE' suggests the use of present continuous tense 'say,' which is incorrect because the action is not ongoing. B) 'were saying' would potentially imply an ongoing discussion which isn't specified here, and C) 'have said' would suggest a present perfect tense that doesn't fit because it's not about the present state resulting from the past action.

Using 'said' maintains proper tense consistency and narrative clarity. It implies that at some point in the past, Elena made a reminder to her colleagues, which matches the context suggested by the rest of the sentence about the looming deadline for the magazine issue.

1. Why might some historians consider Adam Smith one of the most influential people in history?
A. He taught that all people should be economic equals.
B. He introduced a way of thinking about economic ideas.
C. He argued for a larger role for the government in the economy.
D. He wrote the economic argument for American independence.

Answers

He introduced a way of thinking about economic ideas.

Explanation:

Adam smith was a great economist who advocated free trade in market economy of the country. He was also a celebrated economist during the Enlightment era. He also proposed that a minimum government intervention would promote the economy into a prosperous financial path. It was considered to contradictory to mercantilism.

He also advocated that self-interest is key factor which would promote buying and selling in the business. He also insisted that free market trading is autonomous and independence in trading can make a nation gain much wealth.  

Final answer:

Adam Smith is considered influential for introducing a new economic ideology in his book The Wealth of Nations, which supported a laissez-faire approach and the concept of an 'invisible hand' guiding the market.

Explanation:

Some historians consider Adam Smith one of the most influential people in history as he introduced a way of thinking about economic ideas. His seminal work, The Wealth of Nations, published in 1776, laid the fundamentals for the study of economics and capitalism.

Smith’s advocacy for a laissez-faire economy, where the government has a minimal role and the market is governed by an "invisible hand", was revolutionary.

He opposed mercantilism, sowed the seeds for economic liberalism, and his thoughts on mutual self-interest and the division of labor have profoundly shaped modern economic policy making and capitalist practices.

When different researchers using the technique of introspection were exposed to the same stimulus, they often reported different experiences. For this reason, structuralism was criticized for

Answers

Not being objective.

It is not objective.

The governor of Florida has the power to pardon criminals convicted of which of the following?

Answers

Person who is eligible to apply for a pardon if he/she has completed all sentences for most recent felony conviction and all conditions of supervision imposed for the applicant's most recent felony conviction have expired or been completed.

That includes parole, probation, community control, control release and conditional release for a period of no less than 10 years.

Types of clemency include full pardon, pardon without firearm authority, pardon for misdemeanor, commutation of sentence, remission of fines and forfeitures, specific authority to own, posses or use firearms, restoration of civil rights in florida.

Answer:

Breaking Florida State Law

Explanation:

Who burned down the white house​

Answers

Answer:

Explanation:

Back then the British where Cause for Most of the  Government buildings getting burned down and  Robert Ross was a high ranking person during that time that gave orders So I would say  your answer is Robert Ross. Hope this helps.  

Final answer:

The White House was burned down by the British during the War of 1812. The fire only targeted public buildings, including the White House and the Capitol Building. The Library of Congress, which was inside the Capitol, was also destroyed.

Explanation:

The White House was burned down by the British during the war of 1812. The assault was led by Major General Robert Ross and was focused only on public buildings, leaving personal property untouched. This attack sparked varying reactions in England, with some sympathizing with the approach, while others arguing for a harsher retaliation considering the damage Americans had done in Canada.

The Capitol Building and the White House were severely damaged by the fire, losing their interiors. Yet, their sandstone exteriors survived the flame, albeit they were blackened terribly. A significant loss to the country was the burning of the Library of Congress, then situated in the Capitol Building. The library was later reestablished in 1815, majorly using Thomas Jefferson's personal collection of over 6000 books.

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large numbers of immigrants who had been displaced from their homes by war with the united states settled in the South west In the late 1800s . which country did the leave?

Answers

Answer:

Mexican Americans, Mexico

Explanation:

At the end of the Mexican American War in the late 1800s, the Mexican Americans were given an offer to take American citizenship. However, they were considered as a second class society, and they settled in the southwest of the USA. Some Chinese population also as an immigrant came to the US and settled in California, and by 1949 they too were 300000 in number.

Town hall meetings allow citizens to practice which First Amendment right?

A. religious freedom
B. free speech
C. freedom of the press
D. freedom of petition

Answers

The answer is B, free speech. Trust me.

Answer:

Its A B and C

But if you only have one choice it's B

Explanation:

Match each word to its definition
term used to refer to the National
Liberation Front
Information that is spread to
promote a cause
a Buddhist temple
the sudden overthrow of a
Pagoda
government
NEXT QUESTION
ASK FOR HELP
TURNITIN

Answers

Vietcong

term used to refer to the National Liberation Front

propaganda

information that is spread to  promote a cause

Pagoda

a Buddhist temple

Coup

the sudden overthrow of a government

Read the passage.

Many people visit Britain because of their heritage. Americans, for example, often travel to the United Kingdom to revisit the homes of their English, Irish, Scottish, or Welsh ancestors. Tourists flock to famous places such as London’s Buckingham Palace. They also visit ancient and historic sites such as Stonehenge and Shakespeare's hometown, Stratford-upon-Avon.

Which type of economic activity does the passage reflect?

A.
agriculture

B.
service sector

C.
manufacturing

D.
retail trade

Answers

Answer:

I think B

Explanation:

The passage is talking a lot about tourism so I think it'd be b. Hope this helped :)

Answer: your answer is B

question:

Many people visit Britain because of their heritage. Americans, for example, often travel to the United Kingdom to revisit the homes of their English, Irish, Scottish, or Welsh ancestors. Tourists flock to famous places such as London’s Buckingham Palace. They also visit ancient and historic sites such as Stonehenge and Shakespeare's hometown, Stratford-upon-Avon.

Give any 2 examples of Industrial Products which are used in the promotion of agriculture

Answers

Answer:

Tractors, Tillers, Harvesters, Wind Mills, Spray guns

Explanation:

Harvesters, seed production are 2 examples of Industrial Products which are used in the promotion of agriculture.

What is agriculture?

The art or science of developing the soil, growing vegetables, and raising livestock is known as agriculture. It involves preparing plant and animal items for human consumption and distributing them to marketplaces. The vast majority of bread and textiles in the world are produced by agriculture.

Industrial agriculture contributes to the potential use of farmland to generate the best yields feasible for the monetary benefit and to meet people's food demands.

There is the use of a harvester that help in cutting the crops as well as they have been winding and processing the crop in a speedy way. Seed production includes a wide-yielding variety of seeds.

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Many Quebecois are in favor of _____canada

Answers

Many Quebecois are in favor of separation from Canada

Explanation:

There were centuries for controversy and conflict that exist between English-Canada and French-Canada ties. Quebec initially was a French colony which surrendered to English in the past. They were allowed to keep up their hold and follow their religion but could not possess any public office.  

They were also insisted to convert to Protestantism which caused resentments as they were following Catholicism in their lives. Quebecois are not separatists but they are the independents.

which was the lowest caste in India's caste system
A) Kshatriyas
B) Shudras
D) Brahmans
D)Vaishyas

Answers

Answer:

Shudras was the lowest cast system.

B is the answer!!!!!!!!!!!!!!!


Be it enacted by the Senate and House of Representatives of the United States of America, in Congress assembled, That it shall and may be lawful for the President of the United States to cause so much of any territory belonging to the United States, west of the river Mississippi, not included in any state or organized territory, and to which the Indian title has been extinguished, as he may judge necessary, to be divided into a suitable number of districts, for the reception of such tribes or nations of Indians as may choose to exchange the lands where they now reside, and remove there.

Answers

The correct answer for this question is The U.S. government agrees to buy lands from Native Americans.

Explanation: In this passage about this Act, the U.S. government agrees to buy lands from Native Americans.

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