All categories

1 year ago

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

1 answer:

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

Which of the following is a benefit to corporate executives when a process is outsourced?

love history [14]

Answer:

<h2>In this case,the correct answer would be option b) given in the answer choices or More time to explore new revenue generation activities.</h2>

Explanation:

From an economic or business perspective, outsourcing of operational activities or conducts refer to assigning the business functions, activities, projects, assignments etc. to any third party or external agency with a view to enhance work productivity and minimize overall average operational costs or expenses.
The third party or the external entities involved in the outsourcing activities are typically not part of the parent or main company or are not commercially affiliated with the parent or main company.
One of the advantages of outsourcing to the company executives is to be able to assign some of the major and time consuming business activities to outsourced companies or entities and focus more on other mediums or sources of revenue generation for business. It might include introduction of new product or service lines, restructuring of the internal organizational settings or venturing new markets to capture higher consumer or client base. Hence, higher work or labor division through outsourcing activities can provide more time and opportunity for executives to focus more on other revenue generating endeavors.

5 0

2 years ago

Companies that outsource research and development and design jobs:

MissTica

Answer:

The correct answer is letter "B": run the risk of overseas companies using the information to produce competitive products.

Explanation:

Outsourcing is an approach used by companies to take part of their operations abroad where labor costs and materials are cheaper. This is a good strategy to avoid being subject to stiff regulations imposed by the government that could affect the business.

Though, <em>the disadvantages of outsourcing rely on the loss of the quality control of the output, assigning duties to the unskilled workforce or the fact that the outsourced manufacturers can filter the technology of the company to competitors to produce imitations.</em>

4 0

3 years ago

Company Dept. A Dept. B

Ronch [10]

The pre-determined overhead rate per direct labor dollar for Dept. B is 1.35.

<h3>What is manufacturing overhead?</h3>

Manufacturing overhead costs are the cost associated with running a manufacturing facility.

Examples of factory overhead include

indirect labor costs
factory rent
depreciation of plants and machinery

Sales and administrative cost

<h3>What is direct labour cost?</h3>

The direct labour cost is the cost directly involved in the production of goods and services.

<h3>What is the pre-determined overhead rate per direct labor dollar for Dept. B?</h3>

The pre-determined overhead rate per direct labor dollar for Dept. B = Estimated manufacturing overhead / Estimated direct labor cost

= $162,000 / $120,000 = 1.35

To learn more about overhead costs, please check: brainly.com/question/8054214

7 0

2 years ago

Match the term with the correct definition.

bixtya [17]

Answer:

Matched as below

Explanation:

a. Cashier’s check: A draft drawn by a bank on itself

b. Check: A draft drawn by a drawer ordering the drawee bank or financial institution to pay a certain amount of money to the holder on demand

c. Certified check: A draft that is payable on demand, drawn on or payable through a bank, and specially designated

d. Traveler’s check: A draft that had been accepted by the bank on which it is drawn, promising to pay the check when it is presented

8 0

2 years ago

Bruce & Co. expects its EBIT to be $185,000 every year forever. The firm can borrow at 9 percent. Bruce currently has no deb

ivolga24 [154]

Answer:

$751,562.50 and $837,203.125

Explanation:

The formula to compute the value of the firm under the MM proposition approach is shown below:

In first case

= {EBIT × ( 1 - tax rate)} ÷ WACC

= {$185,000 × ( 1 - 0.35)} ÷ 16%

= $120,250 ÷ 16%

= $751,562.50

Since no debt is there which means the firm is unlevered firm and computation is done accordingly.

All other information which is given is not relevant. Hence, ignored it

In second case

= {EBT× ( 1 - tax rate)} ÷ WACC

= {$172,850 × ( 1 - 0.35)} ÷ 16%

= $112,352.50 ÷ 16%

= $702,203.125

EBT = $185,000 - $135,000 × 9%

= $185,000 - $12,150

= $172,850

So, the value of firm would be

= $702,203.125 + $135,000

= $837,203.125

5 0

2 years ago