What adjustments would a small company need to make to its selection practices if it decided to take on unpaid interns in place of hiring regular, paid employees?

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ

If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?

Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.