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2 years ago

Compared to a purely competitive firm in long run equilibrium, the monpolistic competitor has a?

1 answer:

3 0

Compared to a purely competitive firm in long-run equilibrium, the monopolistic competitor has a higher price and lower output.

<h3>When a monopolistic competitive firm is in long-run equilibrium?</h3>

Long Run Monopolistic Competition Equilibrium: Over the long run, a company in a market with the monopolistic competition will produce several items at the point where the long-run marginal cost (LRMC) curve crosses the marginal revenue curve (MR). Where the quantity produced lies on the average revenue (AR) curve will determine the pricing.

<h3>What ultimately transpires to a monopolistic rival?</h3>

Long-term economic gains or losses in monopolistic competition will be removed by entry or leave, leaving firms with no economic gains. There will be some excess capacity in a monopolistically competitive business; this could be seen as the price paid for the variety of products that this market structure brings about.

Learn more about monopolistic competition: brainly.com/question/28189773

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True or false, general revenue sharing grants give states the most discretion as to how to spend the money.

ioda

I think the answer is true although i'm not sure. please go back to your lesson and check, everything says there. I'm guessing you are home-schooled so just go through the lesson while doing the test, this way you will know for sure that you got everything right.

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3 years ago

Consider the ultimatum game loading... , where an "allocator" is given, say, $50.00 to decide how to divide with a "recipie

AVprozaik [17]

Answer:

theth individual's tastes and preferences.

the cost of the clothes.

the popularity of the clothes.

Explanation:

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3 years ago

Jamison Company has the following obligations at December 31: For each obligation, indicate whether it should be classified as a

Rashid [163]

Answer:

Explanation:

The current liability is that liability in which the obligation is arise for one year or less than one year.

So, the categorization is shown below:

a. A note payable for $100,000 due in 2 years. = It is not a current liability as it is due in 2 years that come under the long term liability

b. A 10-year mortgage payable of $300,000 payable in ten $30,000 annual payments. = Current liability for first annual payment only and rest is consider to be long term liability

c. Interest payable of $15,000 on the mortgage. = Current liability as it is arise within one year

d. Accounts payable of $60,000. = Current liability as it is arise within one year

The current liability is shown on the liabilities side of the balance sheet.

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3 years ago

Using the Business Process Pragmatism procedure as part of his decision making process, Trevor first should perform a(n) _______

Juliette [100K]

Answer: Inquiry

Explanation:

According to the given question, by using the procedure of the business process for making the various types of decisions and the Trevor should perform the inquiry process for determining the ethical and some legal issues.

The inquiry is one of the type of approach that is helps in developing the problem solving ability and also the information processing.

It is the process that has ability for resolving various types of problems or ussies by implementing a compliance policies.

Therefore, Inquiry is the correct answer.

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3 years ago

Determine the annual financing cost of a 6-month (182-day) 20,000 discounted bank loan at a stated annual interest rate of 10 pe

ratelena [41]

Answer:

10.52%

Explanation:

The computation of the annual financing cost is shown below:

First we have to calculate the interest cost that is shown below:

= $20,000 × 10% × 182 days ÷ 365 days

= $997.26

Now the used funds is

= $20,000 - $997.26

= $19,003

Now the annual financing cost is

= ($997 ÷ $19,003) × (365 days ÷ 182 days)

= 10.52%

We assume there are 365 days in a year

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3 years ago