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irina [24]
2 years ago
6

The demand curve of a monopolistically competitive firm A) is horizontal because the firm must cut its price to sell more. B) is

perfectly elastic.
Business
1 answer:
melisa1 [442]2 years ago
3 0

The demand curve of a monopolistically competitive firm A) is horizontal because the firm must cut its price to sell more.

  • The demand curve of a firm that is perfectly competitive is horizontal at the market price.
  • As a result, every unit sold will result in it receiving the same price.
  • The difference in total revenue from selling one more unit at the constant market price is the marginal revenue that the company receives.
  • A monopolistically competitive firm's perceived demand curve slopes downward, indicating that it sets prices and selects a mix of quantity and price.

Why is the demand curve in monopolistic competition more elastic than a monopoly?

Firm's demand curve under monopolistic competition is more elastic than under monopoly because of availability of close substitutes under monopolistic competition.

Learn more about demand curve brainly.com/question/13131242

#SPJ4

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Answer:

Hold meeting with employees, volunteers and representatives of other local shelters and listen carefully as they brainstorm ideas.

Explanation:

A leader can be defined as an individual who motivates and inspires a group of people towards achieving a common goal. A good leader must possess the following characteristics:

1) A leader must be a good communicator, he/she must be able to deliver information to the group in an orderly manner.

2) A good leader must be able to inspires others.

3) A leader must lead with honesty.

4) A leader must be able to make good decisions.

5) A good leader should be able to account for his/her various activities.

8 0
4 years ago
You want to buy a new sports coupe for $92,500, and the finance office at the dealership has quoted you an APR of 74 percent for
SVEN [57.7K]

Answer:

a) we must first determine the effective interest rate

effective monthly interest rate = APR / 12 = 7.4% / 12 = 0.617%

monthly payment = present value x annuity factor

present value = $92,500

PV annuity factor, 0.617%, 60 periods = 50.024

monthly payment = $92,500 / 50.024 = $1,849.12

b) effective annual rate = (1 + 7.4%/12)¹² - 1 =  0.076562 = 7.66%

8 0
3 years ago
Outstanding debt of Home Depot trades with a yield to maturity of ​%. The tax rate of Home Depot is . What is the effective cost
nydimaria [60]

Answer:

5.6%

Explanation:

A lot of information is missing, so I looked for similar questions to fill in the blanks:

"Outstanding debt of Home Depot trades with a yield to maturity of 8%.

The tax rate of Home Depot is 30%.

What is the effective cost of debt of Home Depot?"

the effective cost of debt or after tax cost of debt = debt's yield to maturity x (1 - tax rate) = 8% x (1 - 30%) = 8% x 0.7 = 5.6%

Interest is tax deductible, therefore, it creates a tax shield that lowers net interest expense.

8 0
4 years ago
In which phase of the job search cycle will you write a thank-you letter to the company following your interview?
ikadub [295]

Answer:

c. Shine at Interviews

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We write a thank-you letter to the company after shine at Interviews in order to follow up

6 0
4 years ago
Paul Osborne is an agent for a major insurance company. He is responsible for building his own network of clients who purchase i
Scorpion4ik [409]

Answer:

B. Order getter

Explanation:

There are three types of personal selling. It includes:

1. Order taker

2. Order getter

3. Customer sales support activities.

Order getter: This is a situation in which a salesperson uses his/her skills to obtain orders from customers. The primary duty of the order getters is to persuade Customers to purchase their products. They are also responsible for acquiring new customers for a firm.

Order getters helps to increase sales of products in a firm thereby increasing revenue and profits. Order getters are solicitors for customers.

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Order takers: They take orders from new and existing customers.

Paul Osborne is an order getter.

He is responsible for getting customers for the insurance for a major insurance company.

6 0
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