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
FrozenT [24]
2 years ago
13

A firm in monopolistic competition that introduces a new and differentiated product will temporarily have a ________ demand for

its product and is able to charge ________.
Business
1 answer:
salantis [7]2 years ago
5 0

In monopolistic competition, a firm introduces a new and differentiated product and will temporarily have a <u>less elastic</u> demand for its product and is able to charge a <u>higher price than before</u>.

Monopolistic competition exists while many agencies offer competing products or services which are similar, but no longer perfect, substitutes. The limitations to entry in a monopolistic aggressive industry are low, and the choices of any individual company no longer directly have an effect on its competition.

The demand curve as confronted with the aid of a monopolistic competitor isn't always flat, but as a substitute downward-sloping, which means that the monopolistic competitor, just like the monopoly, can increase its price without dropping all of its customers or lower its price and advantage greater customers.

A monopolistic market is a market structure with the characteristics of a natural monopoly. A monopoly exists when one provider gives a particularly suitable provider to many purchasers. In a monopolistic marketplace, the monopoly (or dominant employer) exerts manipulation over the market, enabling it to set the charge and supply.

Learn more about Monopolistic competition here brainly.com/question/2891218

#SPJ4

You might be interested in
Which of these careers is most likely to be appropriate for a person who values adventure?
Zanzabum
Photojournalist or a smoke jumper?
8 0
3 years ago
Read 2 more answers
In compliance with new policies, banks increased rate of interest on housing loans. Gregory’s real estate business started suffe
Tju [1.3M]

Answer:

Financial Risk

Explanation:

8 0
4 years ago
You are currently long in a futures contract. you instruct a broker to enter the short side of a futures contract to close your
Fantom [35]

You are currently lengthy in a futures contract. you instruct a dealer to enter the quick aspect of a futures contract to shut your position. this is referred to as short selling.

<h3>What is short future contract?</h3>

On the different hand a quick futures means a sell function which is due or unsettled as on a precise alternate date. For e.g.: if Y sells 10 Futures contracts on Stock A, then he is mentioned to have brief function on 10 such contracts thru which he can promote inventory A as per the lot dimension of the contract.

<h3>What is lengthy and quick role in futures?</h3>

Having a “long” function in a protection means that you personal the security. Investors keep “long” protection positions in the expectation that the stock will upward jostle in cost in the future. The opposite of a “long” position is a “short” position. A "short" position is typically the sale of a stock you do no longer very own

Learn more about short future contracts here:

<h3>brainly.com/question/984979</h3><h3 /><h3>#SPJ4</h3>
8 0
2 years ago
Active endeavors specializes in sporting equipment. recently, it has decided to add to its business units by opening a steakhous
poizon [28]
<span>Active endeavors specializes in sporting equipment. Recently, it has decided to add to its business units by opening a steakhouse near a convention center. This strategy is an example of: conglomerate diversification. 

Conglomerate diversification is a growth strategy when organizations add new products or services that are vastly different from anything they've sold prior. These new business opportunities are unrelated to their previous and operate completely different. 

</span>
5 0
3 years ago
The potential performance benefits of a multicore organization depend on the ability to effectively exploit the parallel resourc
wolverine [178]

Answer:

True

Explanation:

For any organization, whether small or large in terms of capital investment, the potential benefits will occur only when all the opportunities available in the market are exploited properly.

Therefore, performance benefits of a multi organization can be obtained, only when the organization exercises the ability of exploiting all the resources available in the market, related to the organization, which are termed as parallel resources in business language.

Thus, the above stated statement is

True.

8 0
3 years ago
Other questions:
  • What kind of entrepreneurd are risk takers?
    6·1 answer
  • When a child is 6 and older and large enough they can use an adult seat belt.
    5·2 answers
  • Typically investors purchase stocks or bonds through all of the following except. A.realtors. B.investment counselors. C.the int
    6·1 answer
  • An equal partnership is formed by Rita and Gerry. Rita contributes cash of $10,000 and a building with a fair market value of $1
    9·1 answer
  • I need help! It’s for a test.
    9·2 answers
  • Gray uses Hofstede's cultural values that were discussed in Chapter 1 to:
    12·1 answer
  • World trade benefits from free and fair trade among nations. Nevertheless, governments of many countries continue to practice pr
    12·1 answer
  • When you grounded and mom says no xbox, goes to work... you sitting on the xbox playing cod..... car door shuts from outside...
    7·2 answers
  • Do you have to work in the same trade for 2 years to mortgage a house.
    10·1 answer
  • Users can easily judge the impact on profits of changes in selling price, cost or volume when using an income statement construc
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!