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1 year ago

In the united states, the average person mostly patronizes firms that operate in?

Business

1 answer:

Likurg_2 [28]1 year ago

3 0

In the united states, the average person mostly patronizes firms that operate in Monopolistic Competitive Market.

Monopolistic Competitive Market is a kind of market structure where numerous associations are accessible in an industry, and they produce relative yet isolated things.

None of the association participate in a partnership, and every association work unreservedly no matter what the engaging quality of various association. The market structure is a type of Imperfect Competition.

Imperfect Competition alludes to the circumstance where the characteristics of a market don't satisfy every one of the essential states of an entirely serious market and consequently, it cause market weaknesses when it ends up actually working, and bringing about market disappointment.

To learn more about Monopolistic Competitive Market.

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Lady_Fox [76]

Answer:

A. True

Explanation:

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3 years ago

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A company uses the finite replenishment model to determine the optimal quantity to produce. There are days a year over which dem

SVEN [57.7K]

Answer:

16.1 days

Explanation:

Note: The full question is attached as picture below

Daily demand d = 520

Annual demand D = 520*250 = 130000

Setup cost S = $680

Production rate p = 875

Holding cost H = 0.25*25 = 6.25

Optimal order quantity Q

$Q = \sqrt{2DS/H}$ $\sqrt{p / p -d}$

$Q = \sqrt{(2*130000*680)/6.25} \sqrt{875/875-520}$

Q = 8350

Length of production run = Q/d

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8 0

2 years ago

Assume that the economy grows by 3 percent, total factor productivity grows by 2 percent, and the labor force grows at 2 percent

RideAnS [48]

Answer:

correct option is A. True

Explanation:

given data

economy grows = 3 percent

total factor productivity grows = 2 percent

labor force grows = 2 percent

labor contributes = 40 percent

stock of capital rise = 0.33 percent

solution

we apply here Economy growth % formula that is

Economy growth % = total factor productivity + labor contributes × labor force grows + ( 1- labor contributes ) stock of capital .............1

put here value

3% = 2% + 40% (2%) + 60% C

3% = 2.8 + 0.6 × C

C = $\frac{0.2}{0.6}$

C = 33.33 %

so given statement is true

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3 years ago

Nita is a Market Research Analyst who has a retirement plan set up through her employer. Kurt is hired as a Retail Salesperson e

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2 years ago

Assume the money supply is $800, the velocity of money is 8, and the price level is 2. Using the quantity theory of money: a. De

KengaRu [80]

Answer:

3200

Explanation:

The computation of the level of real output is given below;

We know that

Money supply × velocity of money = Price level × Real output

And,

Nominal output = Price level × real output.

Now

a) level of real output = money supply × velocity of money ÷ price level

= 800 × 8 ÷ 2

= $6400 ÷ 2

= 3200

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2 years ago