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andrew11 [14]
2 years ago
13

A monopolistically competitive firm faces a __________ demand curve and so it is a price __________. group of answer choices

Business
1 answer:
poizon [28]2 years ago
7 0

A monopolistically competitive firm faces a downward sloping demand curve and so it is a price searcher.

The demand curve for monopolistically competitive firm will be considerably more elastic than the demand curve that a monopolist faces because the monopolistically competitive firm has  a very less control over the price that it can charge for its output.

The firm's control over its price will largely depend on the degree to which its product is differentiated from competing firms' products.

The monopolistically competitive firm will be a price‐searcher rather than a price‐taker because it faces a downward‐sloping demand curve for its product.

To know more about  monopolistically competitive firm here:

brainly.com/question/17241373

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How does "cost" differ from "opportunity cost"?
sergiy2304 [10]

Answer:

"cost" represents the money paid for something and "opportunity cost" is the value of the thing given up when one chooses something else.

Explanation:

I got this answer from a different website because I'm not very good at explaining stuff like this but I took financial math and this is a good answer.

6 0
3 years ago
roberta’s brokerage account contains 10 stocks. she has held five of those stocks for over two years, and she purchased the othe
tino4ka555 [31]

She should sell one of the stocks that she's held for over two years because long term gains receive preferential tax treatment

For the point of taxation, short term capital gains are treated as ordinary income , where as long term capital gains have preferential tax rates of 0%,15% or 20%, which depends upon the income level. Also effective tax rates on the long term capital gain is lesser than the short term capital gain.

With the top incomes paying about half the taxes on capital income as earned income, this preferential rate is one of the most expensive in the tax law and is regarded as a tax expenditure.

A capital gain is profit from the sale of an asset, like a business, stock, piece of art, or parcel of land.

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brainly.com/question/27693139

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5 0
2 years ago
The rapid economic growth of the 1980s and the cultural emphasis on accumulating wealth was partly caused by:________
kozerog [31]

The rapid economic growth and emphasis on accumulating wealth in the 1980s was partly caused by the baby boom.

<h3>What baby boomers mean?</h3>

Person born during a period of time in which there is a marked rise in a population's birth rate i.e., a person born during a baby boom

Following the end of World War II, the number of babies born 9 months later increased. At the end of 1964, there were approximately 76 million babies born, accounting for roughly half of the population.

Especially,  a person born in the U.S. following the end of World War II (usually considered to be in the years from 1946 to 1964).

The viewer is older, an aging baby boomer whose '60s activism has been lost among the years. Baby boomers were born between 1946 and 1964. They're currently between 57-75 years old.

To learn more about baby boomers, refer to:

brainly.com/question/904290

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4 0
2 years ago
Which of the following is the least important in the sales process?
Zinaida [17]

Answer:

O b. customer's issues

Explanation:

In the sales process, the salesperson has to be attentive to figure out what the customer needs. The product or service on offer must be able to satisfy the customer's needs. Care must be exercised to ensure the product is within the customer's price range.

Customer issues may refer to other things that may be disturbing the customer. They are different from customers' concerns. While customer concerns are classifications that a client seeks, customer issues are personal 'problems,' making them sensitive.

5 0
3 years ago
What is the purpose of checks and balances in the constitution?
Mumz [18]
The system of checks and balances is an important part of the Constitution. With checks and balances, each of the three branches of government can limit the powers of the others. This way, no one branch becomes too powerful.
7 0
3 years ago
Read 2 more answers
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