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MaRussiya [10]
2 years ago
13

If in the short run, firms in monopolistic competition _________, new firms will enter the market.

Business
1 answer:
alukav5142 [94]2 years ago
7 0

If in the short run, firms in monopolistic competition make an economic profit, new firms will enter the market.

A firm is a for-profit business organization—such as a company, limited liability company (LLC), or partnership—that provides skilled services. Most companies have only 1 location.

Companies during a monopolistic competition build economic profits within the short run, however within the long-standing time, they create zero economic profit. The latter is additionally a result of the liberty of entry and exit within the trade. Restaurants, hair salons, home items, and clothing are examples of industries with monopolistic competition.

To learn more about Firm here

brainly.com/question/15968468

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A company received 500 applications for a specific position.30 were given an assignment test. Only 15 were invited to an intervi
morpeh [17]
I think c might be wrong tho
4 0
3 years ago
RE: Subaru While Japanese Yen sharply appreciated against US$, Subaru continued to manufacture most of their cars in Japan, then
Helen [10]

Answer:

Yen depreciated its value against US$

Explanation:

The reason was that the Japanese government has a free trade agreement with the United States and what happened was that the Yen appreciated against Dollars by which the Japanese companies might had suffered as the american products would have been imported more to the country because now they are cheaper than the Japanese cars, as a result the industry in the Japan would had suffered. So the government of japan set 115 Yen as apposed to 85 Yen against each dollars which resulted in increase in the demand of the manufacturing of the cars. Now the Japanese products were greater in demand because of they cost less. And at the year end 2015, the Sabaru reported $2 billion profit despite the fact that 80% of its production was in Japan. The american auto suffered loss of market by $2 Billion.

3 0
3 years ago
In spring of this year, Parmac Engineering Company signed a $480 million contract with the city of Parkersburg, to construct a n
elena-s [515]

Answer:

$192,000 million

Explanation:

Calculation for how much revenue should Parmac recognize in the current year

First step is to find the percentage of completion using this formula

Percentage of completion=Cost incurred/Total expected cost

Let plug in the formula

Percentage of completion=$144 million/$360 million

Percentage of completion=0.4*100

Percentage of completion=40%

Last step is to find the revenue recognized using this formula

Revenue recognized=Total contract *Percentage of completion

Let plug in the formula

Revenue recognized=$480 million*40%

Revenue recognized=$192,000 million

Therefore the amount of revenue that Parmac should recognize in the current year will be $192,000 million

3 0
3 years ago
You are the manager in charge of setting the strategy for a new frozen yogurt company. Which of the following questions would be
AfilCa [17]

Answer:

B) How have consumer preferences in frozen yogurt flavors changed in the last five years

Explanation:

During the analysis phase of the AFI strategy framework we need to evaluate that how have consumer preferences in frozen yogurt flavors changed in the last five years. Since we know that AFI framework analysis we seek the planning analysis, formulating and implementation. Companies always go back to reassess their strategy based on changes in the environment.

7 0
4 years ago
The standard number of hours that should have been worked for the output attained is 8000 direct labor hours and the actual numb
nevsk [136]

Answer:

B. $9.50 per direct labor hour

Explanation:

Expected labor hours (EL) = 8000  

Actual labor hours (AL) = 8300

Labor price variance (LV) = $4150 unfavorable

Standard rate (r) = $9 per hour

The expected labor price (LP) is given by

ELP = AL*r = 8300*9\\ELP = \$74700

Since thre is an unfavorable labor price variance, the actual labor price (ALP) is:

ALP = ELP + LV\\ALP = 74700+4150\\ALP=78850

The actual rate of pay is:

AR = \frac{ALP}{AL} =\frac{78,850}{8300}\\AR=\$9.50

The actual rate of pay for direct labor is $9.50 per direct labor hour.

6 0
4 years ago
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