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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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It's time for another financial calculator problem. A UCF student (who has not taken FIN 2100) decides that he really needs a la

Alchen [17]

Answer:

The answer is: E) None of the above

Explanation:

Using an excel spreadsheet and the RATE function, we can calculate the monthly interest rate of renting the TV:

=RATE(36,-60,1000)

= 4.94% monthly interest rate

Then we multiply the monthly interest rate by twelve to get the APR:

APR = 4.94% x 12 = 59.3%

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3 years ago

Suresh Co. expects its five departments to yield the following income for next year. Dept. MDept. NDept. ODept. PDept. TTotal Sa

Hunter-Best [27]

Answer:

(1) Because of the eliminations of Dept. N, Dept. P, and Dept. T, we have:

Total net loss = $35,000

(2) Because of the eliminations of Dept. N, and Dept. T, we have:

Total net income = $8,500

Explanation:

(1) Management eliminates departments with expected net losses.

Note: See answer (1) in the attached excel file for the eliminated departments (in red color).

From the answer (1) in the attached excel, the eliminated departments base on this are Dept. N, Dept. P, and Dept. T.

It can be seen from the answer (1) in the attached excel that because of the eliminations of Dept. N, Dept. P, and Dept. T, we have:

Total net loss = $35,000.

(2) Management eliminates departments with sales dollars that are less than avoidable expenses.

Note: See answer (2) in the attached excel file for the eliminated departments (in red color).

From the answer (2) in the attached excel, the eliminated departments base on this are Dept. N, and Dept. T.

It can be seen from the answer (2) in the attached excel that because of the eliminations of Dept. N, and Dept. T, we have:

Total net income = $8,500

Download xlsx

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3 years ago

Schmaltz Herring revenue and costs are forecast to be changed this year from last. But the IRS has announced an increase in the

11111nata11111 [884]

Answer:

If Schmaltz pays the same amount of dividends, its payout ratio will:

change.

Explanation:

Since the revenue and costs will change in the current year, with some increase in the corporate income tax rate by the IRS, the earnings per share will also change. If the amount of dividends paid out does not change, the payout ratio will still change as a result of the change in the earnings per share.

Schmaltz's payout ratio shows the relationship between the dividends paid to shareholders and the company's earnings. The simplest way to calculate the payout ratio is to divide the dividend per share by the earnings per share, then multiplied by 100.

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4 years ago

Fournotts Corp., a sports shoe manufacturer, launched a new sports shoe.As a part of publicity, it invited its customers to try

kaheart [24]

Answer: (A) Experiential marketing

Explanation:

Experiential marketing is basically provide the ability for evaluating the the personal connection in which the customer are ware about the products and the services which is provided by an organization.

This marketing techniques helps in increase the demand of the customer more personalization.

According to the given situation, the Fournotts corp. is one of the sports shoe manufacturer and for the publicity the organization invited the consumers for shoes trial and this refers to the experiential marketing strategy.

Therefore, Option (A) is correct.

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4 years ago

Select the budget that would most quickly achieve the financial goal of saving $6000 for college tuition. Monthly Budget Budget

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Answer:

it's A.

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3 years ago