Alicia has been working for ten years. She has not invested her money yet, and the company she works for offers a 401(k). She has saved up $5,000 and could set aside $150 per month for saving or investing. Using the principles and strategies of saving and investing, create an outline of a diversified saving and investing plan.

In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.