The force that leads to zero economic profits for monopolistically competitive firms in the long run is

a. excess capacity.

b. price wars among firms.

c. entry by new firms.

d. excessive advertising.

Yellow-dog contracts A. give workers the right to be represented by a union. B. give a non-union worker the right to enjoy union benefits without paying union dues. C. give firms the right to hire replacement labor when the union strikes. D.

Sarah has a credit card balance of $2000. the credit card company charges 11 % per annum simple interest. what is the interest charge on sarah 's credit card after 1 month?

If consumers expect prices to increase in the future, how will this affect the demand for goods or services?

If the wage rate increases from $12 to $13 and, as a result, the quantity demanded of labor decreases from 400 workers to 380 workers, then the absolute value of the elasticity of demand for labor is

RL Inc., an American insurance company, attempted to sell life insurance in Spain. However, the company failed to understand that life insurance policies are viewed with a negative attitude in Spain.

According to federal regulations, an IRB must have at least two community members to fulfill membership requirements; one member whose expertise is not in a scientific area and one member who is not affiliated with the institution.

The least efficient of all the different types of secondary markets is the

Outline Maslow's theory of motivation ...

Major limitations of the balance sheet include all of the following except: it necessarily omits many items that are of financial value but cannot be recorded objectively. most assets and liabilities are reported at historical cost.

In a free market economy, the factor market involves which type of exchange? A. Firms loan money to households to purchase capital. B. Households purchase factors of production from firms. C.