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
miss Akunina [59]
1 year ago
5

Compared to a perfectly competitive firm, the demand schedule of a monopolistically competitive firm faces is:________

Business
1 answer:
Volgvan1 year ago
5 0

Compared to a perfectly competitive firm, the demand schedule of a monopolistically competitive firm faces <u>downward-sloping demand curves</u>.

A monopolistic market is a theoretical situation that describes a marketplace in which only one agency might also provide products and services to the public. A monopolistic market is the other of a perfectly competitive marketplace, in which an endless variety of companies function.

Monopolistic opposition exists while many businesses offer competing products or services which might be similar, but not best, substitutes. The barriers to access in a monopolistic competitive industry are low, and the choices of anyone firm do now not directly have an effect on its competition.

A monopoly has management over the supply of the product but though it can are seeking to influence the demand, it does not have management over it. In truth, a monopoly has to make a preference. it may set the price, but then it has to just accept the extent of income, consumers is prepared to buy at that fee.

Learn more about monopoly here: brainly.com/question/13113415

#SPJ4

You might be interested in
Robert is a successful 51-year-old, lives in the suburbs, and enjoys reading Jet and Ebony magazines. He drives out of his way t
myrzilka [38]

Answer:

Boomer blacks

Explanation:

Daniel Yankelovich and Radio One carried out a segmentation study titled  <u>The Black America Today study</u> about African American consumers. This study was carried out in order to determine a way to better reach consumers, since general labels like Latino communities or African American communities are too broad for marketing purposes. They segmented African Americans into:

  • Connected Black Teens  
  • Digital Networkers
  • Black Onliners
  • Stretched Black Straddlers
  • New Middle Class
  • Family Struggles
  • Black is Better
  • Sick and Stressed
  • Faith Fulfills
  • Broadcast Blacks
  • Boomer Blacks: they represented the oldest group studied by Yankelovich, with an average age of 52. They believe in black roles models, and are very tech savvy. They also belong to upper middle class or upper class.
4 0
3 years ago
If you need to keep track of a large number of published or scheduled messages sent to a variety of social networks, hootsuite _
ANEK [815]

Answer:

Hootsuite Dashboard

Explanation:

6 0
3 years ago
How does understanding science help you become an informed consumer?
KengaRu [80]
Because when you are asking somebody, you need to be informed about the object and most objects involve science. 

hope this helped :)
6 0
3 years ago
Which of the following scenarios is an example of monopolistic competition?
daser333 [38]
B.
The bus company has monopoly over the bus service in the town because it has no competitors.
7 0
3 years ago
Read 2 more answers
The following inventory valuation errors have been discovered for Knox Corporation:
Whitepunk [10]

Answer:

Income +/- inventory adjustment

2015:   138,000 - 23,000 = 115,000

2016:  254,000 + 61,000 = 315,000

2017:   168,000 + 17,000 = 185,000

Explanation:

<u>Inventory Identity:</u>

Beginning + Purchases = Ending + COGS

As the mistake is on the right side it compensates by the other component which is COGS

<u><em>When the inventory is overstated</em></u> this means COGS is understated.

We didn't record the cost of good sold thefore our gross profit is higher making the net income higher.

<u><em>When the inventory is understated</em></u> this means COGS is overstated.

We record more cost of goods sold thefore our gross profit is lower making the net income fewer as well.

7 0
3 years ago
Other questions:
  • Dove wanted to do more than just sell its beauty care products. The company was on a quest to discover "real beauty" and help wo
    7·1 answer
  • If an individual orders an alcoholic beverage In a private club and is determined not to be a current club member what should th
    8·2 answers
  • A system where a signature or profile is created from the observation of usage over time. this signature is used as a baseline t
    8·1 answer
  • Which of the following is NOT one of the reasons that globalization has taken place?
    6·1 answer
  • Consider a market where production of a good generates a negative externality. In the market equilibrium:_________.a. there is n
    7·1 answer
  • Approximately __________ of trades involving shares issued by firms listed on the New York Stock Exchange actually take place on
    6·1 answer
  • The survey that found 75% of consumers would consider going to another company after a bad customer service experience surprises
    15·1 answer
  • Which factor is least important when choosing a financial service provider?
    7·2 answers
  • Tim received a letter from his state college stating that he had been expelled from the school. The letter stated his finance pr
    5·1 answer
  • What are the differences between psychodynamie and psychounalytic<br> theories of personality?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!