g If monopolistically competitive firms are earning positive economic profits in the short run, then in the long run: economic profits will increase. the demand curves faced by existing firms will move to the right. economic profits will be reduced to zero. firms will leave the industry.

Is not a primary concern when writing menu copy.

Based on what you learned about time management which of these statements are true

Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.