Rice is produced in a perfectly competitive industry. Grand Farm is a typical firm in the rice industry earning a positive economic profit. Using correctly labeled side-by-side graphs for the rice industry and Grand Farm, show each of the following in the short run.
The industry price and quantity, labeled as PM and QM. (1 point)
Grand Farm’s demand curve and marginal revenue curve, labeled DF and MRF. (1 point)
Grand Farm’s quantity of output, labeled QF. (1 point)
Grand Farm’s profit, shaded completely. (1 point)

In the long run, what happens to each of the following?
The number of firms in the industry. Explain. (1 point)
The equilibrium price; does it increase, decrease, or remain the same relative to PM? (1 point)

Do you think a travel organization company might be able to get less expensive airline tickets then you as an individual could get? (no less then 25 words)

On october 2, 2016 starbucks corporation reported, on its form 10-k, the following (in millions): total assets $14,329.5 total stockholders' equity 5,890.7 total current liabilities 4,546.9 what did starbucks report as total liabilities on october 2, 2016? select one: a. $12,516.7 million b. $6,377.3 million c. $995.0 million d. $8,438.8 million e. none of the above

Catherine de bourgh has one child, anne, who is 18 years old at the end of the year. anne lived at home for seven months during the year before leaving home to attend state university for the rest of the year. during the year, anne earned $6,000 while working part time. catherine provided 80 percent of anne's support and anne provided the rest. which of the following statements regarding whether anne is catherine's qualifying child for the current year is correct? a.anne is a qualifying child of catherine.b.anne is not a qualifying child of catherine because she fails the gross income test.c.anne is not a qualifying child of catherine because she fails the residence test.d.anne is not a qualifying child of catherine because she fails the support test.