In long-run equilibrium with trade, losses from import competition will force some firms to increasing demand for the remaining firms' output, which will then cause their demand curves to become , due to the increased variety of products from
a. lower prices; more inelastic; new firms entering the industry.
b. leave the industry; flatter; foreign firms.
c. lay off workers; more elastic; the research and development departments in firms.
d. raise prices; steeper; new firms entering the industry.

The card shoppe needs to maintain 21 percent of its sales in net working capital. currently, the store is considering a four-year project that will increase sales from its current level of $349,000 to $408,000 the first year and to $414,000 a year for the following three years of the project. what amount should be included in the project analysis for net working capital in year 4 of the project?

There is a small, family-owned store that sells food and household goods in a small town. the owners have good relations with the community, especially with local farmers who supply much of the food. the farmers aren't organized into a cooperative or union, and the store deals with each individually. suppose the store wanted to buy some farms to control the supply of certain vegetables. how would you classify this strategic move? select one: a. horizontal integration b. forward integration c. backward integration d. concentric integration

1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.