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SVETLANKA909090 [29]
2 years ago
15

In the model of monopolistic competition, if firms have average cost curves that________ with the quantity sold, then opening tr

ade will ________ the total number of firms and ________ the average price.
Business
1 answer:
Gemiola [76]2 years ago
8 0

Answer:

a. downward sloping

b. decrease

c. decrease

Explanation:

Monopolistic competition is a type of imperfect competition:

 Companies do not have the monopoly market power but they do have some market power.

Behavior :

As in the other models already analyzed, these companies seek to maximize their profit, which will lead them to set their level of activity at the cut-off point of the marginal revenue and marginal cost curve.

Once this level of activity has been determined, the price will be determined by the demand curve.

Therefore, in a monopolistic competition market, the company produces in the descending section of its average total cost curve, while in competitive markets it produces at the minimum point of its average total cost curve.

Monopolistically competitive companies produce below the efficient scale. This lower activity means that, unlike the perfectly competitive market, the total profit is not maximized.

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Dudley Savings Bank wishes to take a position in Treasury bond futures contracts, which currently have a quote of 110 − 100. Dud
Aneli [31]

Answer:

a. Long

b. $375.00

Explanation:

a. If interest rates decrease over the period of investment, Treasury bond prices will increase. Thus, Dudley Savings Bank should take a long position in the futures contracts on the Treasury bonds. As T-bond prices go up, so will T-bond futures prices.

b. Given a long position:

Net profit = Sale price of futures − Purchase price of futures

= $107,687.50 − $107,312.50 = $375.00

Purchase price of futures = 107 − 100 = 107 10/32% × $100,000 = $107,312.50

Sale price of futures = 107 − 220 = 107 22/32% × $100,000 = $107,687.50

Explanation:

3 0
2 years ago
The staff educator from the hospital’s respiratory unit is providing a public educational event. The educator is talking about h
Citrus2011 [14]

Answer:

Teaching strategies to reduce complications of existing diagnoses

Explanation:

Teaching strategies to reduce complications of existing diagnoses.

Health Promotion activities focus on preventing disease from developing that is primary prevention. And then screening to identify at early curable stage and this known as secondary prevention and reducing complications of existing or established medical diagnosis, which is the tertiary prevention.

8 0
3 years ago
Which type of business plan is used primarily for the owner and other employees to organize the structure, finances, and plans f
Rzqust [24]

The type of business plan that is primarily used by the owner and other employees to organize the structure, finances, and future growth plans is the lean business plan.

<h3></h3><h3>What is a lean business plan?</h3>

Corresponds to a document where the essential characteristics are laid out for a business to be well positioned and competitive in the market. It contains the strategy, tactics and execution so that the objectives and goals are achieved in the medium and long term.

It is essential that organizations develop a lean business plan that is targeted to their needs and aligned with their market demands.

Therefore, the lean business plan assists in the continuous management to achieve quality, structure and effective systematization of processes.

Find out more about lean business plan here:

brainly.com/question/25311149

#SPJ1

4 0
2 years ago
1. These are the materials for processing to come up with finished profucts
loris [4]

Answer:

b and c

Explanation:

Because of lack of communication and experience with being a entrepreneur. Plus you have to aggressive to be a business person to get the job one on time.

8 0
3 years ago
Read 2 more answers
Consider two goods--one that generates external benefits and another that generates external costs. A competitive market economy
KiRa [710]

Answer:

Produce more of the good that generates external cost and less of the good that creates external benefit.

Explanation:

External benefits refer to the situation where the benefit of production of goods or services goes to a third party that is not directly involved in the process of production.  

Similarly, external cost refers to the situation where the cost of production of goods and services is borne by a third party which is not directly involved in the process of production.  

A competitive market economy would tend to produce more of the good that generates external cost and less of the good that creates external benefit. This is because in case of external cost the private cost will be lower than social cost, so the firms will be able to produce more of the good.

5 0
3 years ago
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