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2 years ago

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

1 answer:

Volgvan2 years 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.

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Tommy agrees to buy a house for $84,500. He pays $2,000 as earnest money and obtains a new mortgage loan for $67,600. The purcha

nasty-shy [4]

Answer: $17,654.97

Explanation:

In order to solve the question, the first thing to do is to count the number of days from March 15 to Dec. 31. In this case, we will have 292 days.

Then we get the daily rate which will be:

= $1,880.96/365

= $5.153.

Then, we multiply the daily rate of $5.153 by the number of days which will be:

= $5153 × 292 days

= $1,504.97.

Then, we calculate the down payment, which will be:

= $84,500 - $67,600

= $16,900

We then deduct the $2,000 that has already been paid. This will be:

= $16900 - $2000

= $14900

Adding together all the values then the total cash that Tommy must bring to the settlement will be:

= $14900 + $1,504.97 + $1,250

= $17,654.97

8 0

3 years ago

nineteen airlines have partnered, including air france, delta, czech airlines, air europa, china eastern, and kenya airways, to

iren [92.7K]

This partnership is most likely to an Strategic Alliance.

Strategic alliance is an agreement between two companies to work on the mutually beneficial project while each of the company work independently.

It is done for expanding business in the new market, new product line or to compete with the competitor.

This allows companies to work collectively and share the profit earned. It helps in sharing knowledge, skills, saving the resources.

It may be for short period or long period depending upon the task to be accomplished.

Under this agreement, the responsibility of the each member is clearly defined.

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4 0

2 years ago

What is the goal of a bank?

Yuki888 [10]

Answer:

to get money

Explanation:

to try to protect your money

8 0

3 years ago

Read 2 more answers

Stryder, Inc. has 3 million shares outstanding at a current price of $15 per share. The book value of the shares is $10 per shar

frosja888 [35]

Answer:

Market value of firm= $75,300,000

Explanation:

When a company issues shares, it exchanges it's equity for capital that is required to run its business. The outstanding shares of a company are the number of shares that the company has given out to shareholders.

Value of shares is used to estimate the companie's value.

To get the market value of the firm we use the following formula.

Market value of firm= market value of liabilities + market value of equities.

Market value of firm= (30,000,000* 1.01)+ (3,000,000* 15)

Market value of firm= 30,300,000+ 45,000,000

Market value of firm= $75,300,000

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4 years ago

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Lerok [7]

Answer: sorry hvfhbhdbhdbhb

Explanation:

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2 years ago