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
Alexus [3.1K]
2 years ago
9

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

Business
1 answer:
Airida [17]2 years ago
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

#SPJ4

You might be interested in
In March, Nigel agrees to sell manufactured goods to Marilyn, who agrees to pay for the goods by a promissory note, payable in s
Brilliant_brown [7]

Answer:

Marilyn take a good decision.

Explanation:

Marilyn refuses to pay Carl because Marilyn did not sell any goods due to its bad quality so Marilyn earn no money and is unable to pay Carl. Marilyn will be able to pay Carl if the goods are sold and she has the money but when there is no sale at all, Marilyn is unable to pay for the goods on the due time. Marilyn should return the goods to Nigel instead of paying money for it because these goods are useless and nobody will it at all.

4 0
3 years ago
There is an E. coli breakout on a cruise shio which leads to the cancellation of reservations on other cruise ships. What kind o
blsea [12.9K]

Answer:

below

Explanation:

the cleaning process and the money that is going to be lost.if a cruse ship gets cancelled the money rate will go down

7 0
3 years ago
We discussed the invasions of the Roman world by various Germanic tribes in the fifth century and the Arab-Islamic conquests of
EleoNora [17]

Answer:

The invaders were able to govern the more advanced civilizations because they adopted most of the conquered civilizations' customs, rules of governance, and even languages and religion.

For example, in the case of the Germanic tribes that conquered the Western Roman Empire, the rulers adopted, one by one, the religion of the Roman Empire: Christianity, more specifically, the Roman Catholic variant.

They also began to use the language of the Empire: Latin, for ecclessiastical and political matters, and while political institutions did change a lot, some of the political institutions of the Empire did survive in the sucessor states that the Germanic rulers carved out of the Roman territory.

7 0
3 years ago
John complained to his buddy, frank, that prices have increased a lot over the past year. frank disagreed, saying that the price
Vladimir [108]

frank and john can refer to the Gross Domestic Product (GDP) to understand how government economists view the price situation, GDP accounts for changes in price level and provide a more accurate figure of economic activities over a given period of time.

8 0
3 years ago
Miguel Alvarez in the accounting department at Baumer Company has provided the following information:
Mekhanik [1.2K]

Answer:

$10.65

Explanation:

The computation of the incremental manufacturing cost in the case when the production level is changed

= Direct material cost per unit + direct labor cost per unit + variable manufacturing overhead per unit

= $6.25 + $3.20 + $1.20

= $10.65

Here the fixed cost would not be relevant

8 0
3 years ago
Other questions:
  • Larry can vote in person at the company’s annual meeting, through the mail, or by transferring the right to vote to another pers
    7·2 answers
  • Small populations are subject to changes in allele frequencies simply due to random chance, such as the accidental death of an i
    9·1 answer
  • Mr. Leghorn lives next door to Mr. Fudd. During hunting season, Mr. Fudd likes to shoot rabbits in his backyard, which activity
    7·1 answer
  • A car manufacturer advertises that the windshield in its cars is shatterproof and will not break even when hit with a strong imp
    10·1 answer
  • ​Analysts who follow Howe Industries recently noted that, relative to the previous year, the company's net cash provided from op
    9·1 answer
  • Flowchart of Accounts Related to Service and Processing Departments
    11·1 answer
  • Occasionally, companies disappoint their customers. Whenever possible, these problems should be addressed immediately. Choose th
    15·1 answer
  • Presented below is pension information related to MJ Inc. for the year 2021: Service cost $410,000 Interest on projected benefit
    5·1 answer
  • Click this link to view O*NET's Work Activities section for Heating and Air Conditioning Mechanics and Installers.
    13·1 answer
  • The starch classification that consists of the percentage of people who remembered having previously seen the advertisement in t
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!