1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Kitty [74]
2 years ago
7

Entry of new firms into monopolistically competitive industries is relatively easy because ______. Multiple choice question. exi

sting firms experience economies of scale product development is unnecessary competitors are large firms advertising is not required capital requirements are low
Business
1 answer:
prisoha [69]2 years ago
5 0

Entry of new firms into monopolistically competitive industries is relatively easy because capital requirements are low. Thus the correct answer is D.

<h3>What is a monopoly?</h3>

A monopoly refers to a firm that has a single authority in the market and controls the market completely. In a monopoly, there is a single rule and an absence of competition.

Monopolistic competition describes a competitive market in which a small number of sellers give clients near alternatives. It is a market system in which a large number of enterprises compete in the same industry.

Each firm runs on its own, producing comparable but production of innovative products, with no concern for what other companies are doing. These types of firms are very easy to enter and exit the market.

Therefore, option D with low capital requirements is the correct answer.

Learn more about monopoly, here:

brainly.com/question/18459447

#SPJ1

You might be interested in
Describe the population growth curve of houseflies
DaniilM [7]
Populaces of living beings don't encounter a straight development, rather a - J-molded bend. The underlying increment in the quantity of life forms is moderate on the grounds that the quantity of recreating people is little. As the populace gets bigger it additionally develops at a quicker rate.
4 0
3 years ago
The City of Fairfield issued $100 million of 20-year, 6 percent coupon bonds (3 percent per semiannual period) for $89.32 millio
Rudik [331]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
3 0
3 years ago
When comparing short-run average total cost with long-run average total cost at a given level of output, a. short-run average to
elena-14-01-66 [18.8K]

Answer:

c. short-run average total cost is typically above long-run average total cost

Explanation:

In the case when the average of the total cost of the short run should be compared with the average of the total cost of the long run for a given output level so this means that the average of the total cost of the short run should be more than the average of the total cost of the long run

Therefore as per the given situation, the option c is considered

7 0
3 years ago
Cost leadership is most appropriate when a. industry rivalry is high and customers are very sensitive to prices. b. product inno
kvv77 [185]

Answer:

e. the power of buyers is low and barriers to entry are high.

Explanation:

  • The cost leadership is the establishing a competitive advantage by having the lowest cost of operations and cost leadership is often driven by the company efficiency in size and sales. And the cumulative expand has a well-defined scope and the economies have chosen strategist and consists of the simultaneous cost leaderships example as Walmart and is different from the price leadership.
5 0
3 years ago
Price is important to managers
jek_recluse [69]

Price is important to managers because it has a substantial effect on a company's profitability and sustainability.

<h3>Why is pricing important?</h3>

The importance of pricing is traced to the fact that defines the value or worth of a product and the number of customers that demand the product.

For the consumer of products, price is a key factor that determines purchase decisions.

Thus, price is important to managers because it has a substantial effect on a company's profitability and sustainability.

Learn more about pricing at brainly.com/question/15569228

#SPJ1

<h3>Question Completion:</h3>

Why is price important to managers?

7 0
2 years ago
Other questions:
  • The development of a nationwide computerized job bank listing of all job openings would be most likely to reduce:
    5·1 answer
  • During the year, Apex Co. sold an unprofitable component of the company. The component had a net loss from operations during the
    12·1 answer
  • Amy is the founder of a small IT firm that specializes in social networking applications. She meets weekly with the members of h
    6·1 answer
  • Presented below is a list of costs and expenses usually incurred by Barnum Corporation, a manufacturer of furniture, in its fact
    15·1 answer
  • Darius Rucker is leaving Theta Tech after several years. During his time at Theta he accumulated a deferred payroll benefit. He
    10·1 answer
  • Rodgers Company gathered the following reconciling information in preparing its May bank reconciliation. Calculate the adjusted
    15·1 answer
  • 1. A manager uses the following equation to predict monthly receipts: Y=450+10t time in weeks and y = receipts.) What is the for
    10·1 answer
  • Each of the items below must be considered in preparing a statement of cash flows for Baskerville Co. for the year ended Decembe
    8·1 answer
  • Discuss this statement: "Business competition encourages improved product quality and increased customer satisfaction
    13·1 answer
  • if a marketing department will create an advertising campaign for cereal in an effort to increase sales by 12% by the end of the
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!