For high levels of quantity supplied where firms have reached near maximum capacity, supply becomes less elastic because firms may need to invest in additional capital in order to increase production further.
1. True
2. False

Frolic corporation has budgeted sales and production over the next quarter as follows. the company has 4100 units of product on hand at july 1. 10% of the next months sales in units should be on hand at the end of each month. october sales are expected to be 72000 units. budgeted sales for september would be: july august september sales in units 41,500 53,500 ? production in units 45,700 53,800 58,150

Uknow what i love about i ask a dumb question it is immediately answered but when i ask a real question it take like an hour to get answered

Arestaurant that creates a new type of sandwich is using (blank) as a method of competition.