it is a price taker
if competative industry z is making substantial economic profit, output will:
In the long run, if a firm is making a profit more firms will enter. This will cause profit to drop. Firms will eventually drop out because of this and economic profit will makes it way to zero(a result of the invisible hand).
economic specialization focused on making of statues and other form of arts at ancient time. The arts became popular because of great artists at ancient time. That's why economic specialization have increased the making of statues and other works of art.
economic specialization focused on making of statues and other form of arts at ancient time. The arts became popular because of great artists at ancient time. That's why economic specialization have increased the making of statues and other works of art.
economic specialization focused on making of statues and other form of arts at ancient time. The arts became popular because of great artists at ancient time. That's why economic specialization have increased the making of statues and other works of art.
if competative industry z is making substantial economic profit, output will:
In the long run, if a firm is making a profit more firms will enter. This will cause profit to drop. Firms will eventually drop out because of this and economic profit will makes it way to zero(a result of the invisible hand).
Is is because the Philippines wage policy are based by the principle of making the country into a more competitive by making the wages as low as possible. -PS21
Competitive sandwich making
economic specialization focused on making of statues and other form of arts at ancient time. The arts became popular because of great artists at ancient time. That's why economic specialization have increased the making of statues and other works of art.
economic specialization focused on making of statues and other form of arts at ancient time. The arts became popular because of great artists at ancient time. That's why economic specialization have increased the making of statues and other works of art.
economic specialization focused on making of statues and other form of arts at ancient time. The arts became popular because of great artists at ancient time. That's why economic specialization have increased the making of statues and other works of art.
economic specialization focused on making of statues and other form of arts at ancient time. The arts became popular because of great artists at ancient time. That's why economic specialization have increased the making of statues and other works of art.
because they will keep on making the collage then they sell
what are the economic tool which help manager in decision making
economic specialization focused on making of statues and other form of arts at ancient time. The arts became popular because of great artists at ancient time. That's why economic specialization have increased the making of statues and other works of art.
Economic surplus is necessary for development because it means a economy is producing more than its consuming. So it is exporting and making money and getting richer which leads to development.