If intended investment is $500 and unwanted inventory is $50, then we know that

a. saving = $50
b. actual investment = $50
c. actual investment = $450
d. actual investment = $500
e. actual investment = $550

E

Economics

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Compare and contrast the potential for a perfectly competitive firm and a monopolistically competitive firm to earn positive economic profits in the short run versus the long run. Explain your reasoning

What will be an ideal response?

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Two products that are usually consumed jointly would be referred to as

a. substitutes. b. complements. c. inferior goods. d. unrelated goods.

Economics