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
Sloan [31]
1 year ago
9

monopolistically competitive firms are unable to produce enough output to reach the average total cost because of the presence o

f other monopolistically competitive firms in the industry.
Business
1 answer:
stich3 [128]1 year ago
4 0

Monopolistically competitive firms are unable to produce enough output to reach the average total cost because of the presence of other monopolistically competitive firms in the industry.

  • Monopolistic competition arises when several businesses provide rival goods or services that are comparable but imperfect replacements.
  • Entry barriers are low in monopolistic competitive industries, and actions made by one business do not immediately impact those of its rivals. Pricing and marketing choices are how the rival firms set themselves apart.
  • Businesses engaged in monopolistic rivalry distinguish their goods through price and marketing tactics.
  • The expenses or other impediments that prohibit new rivals from joining a market are minimal in monopolistic competition.
  • Between perfect and monopolistic competition, known as monopolistic competition, there is monopolistic competition, which incorporates aspects of both and entails businesses with comparable but distinct product offers.

Learn more about Monopolistic competition, here

brainly.com/question/28189773

#SPJ4

You might be interested in
The term value chain refers to the idea that a company is: Group of answer choices The producer of a series of customer-valued p
wel

Answer:

A series of activities that transform inputs into products that customers value.

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.

The core benefit of a product can be defined as the basic (fundamental) wants or needs that is being satisfied, met and taken care of when a customer purchase a product.

Hence, the term that refers to the first level of a product, which depends on the customer value it generates is generally referred to as a core benefit. For example, a hotel provides a comfortable and convenient bed to spend the night (sleep) when you travel for a vacation.

On a related note, a value chain refers to the idea that a company is a series of activities that transform inputs into products that customers value.

4 0
3 years ago
The primary difference between the capital adequacy ratio (car) and the leverage ratio (lr) is?
Ainat [17]

The capital adequacy ratio (CAR) calculates a bank's available capital as a proportion of its risk-weighted credit exposures. The capital adequacy ratio, is commonly known as the capital-to-risk weighted assets ratio (CRAR). A leverage ratio is any of a number of financial metrics that examine the amount of capital that is borrowed (loans).

Learn more about capital adequacy Ratio (CAR ) And leverage Ratio (LR) here:

brainly.com/question/16993640

#SPJ4

5 0
2 years ago
Identify the framework for the entire accounting process and describe its components and how they fit together to form this fram
jeka57 [31]
 Accounting<span> is the </span>process<span> of constructing and maintaining financials. </span><span>
The framework for the entire accounting process is referred to as</span> definitional framework. The framework<span> provides a categorized structure that classifies the basic elements in </span>accounting. The accounting equality shows that the assets of a business are equal to its equities. This means that Assets = Equities.  Assets were defined earlier as the things of value owned by the business, or the economic resources of <span>the business. </span>
5 0
3 years ago
Read 2 more answers
Differential Analysis for a Discontinued Product A condensed income statement by product line for Healthy Beverage Inc. indicate
Varvara68 [4.7K]

Answer:

Healthy Beverage Inc.

a) Differential Analysis

1) Continue Fruit Cola (Alt. 1)

Sales                            $12,750,000

Cost of goods sold         8,500,000

Gross profit                  $4,250,000

Operating expenses      6,000,000

Loss from operations ($1,750,000)

2) Discontinue Fruit Cola (Alt. 2)

Differential Effect on Income (Alternative 2):

Fixed costs:

Cost of goods sold        $2,125,000

Operating expenses          900,000

Income (Loss)               ($3,025,000)

b. Should Fruit Cola be retained ?

The production and sale of the Fruit Cola should be continued.  Discontinuing it would not save the company the incurrence of the fixed cost.

Explanation:

Differential analysis is a managerial accounting technique for analyzing the different costs and benefits that would arise from alternative solutions to a particular problem.

In the above scenario, discontinuing the production and sale of Fruit Cola would not save the company the fixed costs, so the product should be continued.  It is not the product that is causing the net loss but allocated fixed costs.  Fixed cost is a sunk cost that is not relevant in differential analysis type of decision making.

5 0
2 years ago
In most high-tech industries, the fixed costs of developing a product are very _____, and the costs of producing one extra unit
topjm [15]

Answer:

Fixed costs are high, variable costs are low

Explanation:

The reason is that the fixed costs are high because these fixed costs are uncontrollable and their might not be an alternative which means we have to move with higher fixed costs. And this is because most of tasks in manufacturing are handled by the machines not humans. So the cost of maintenance, depreciation, etc are fixed costs which are uncontrollable.

Furthermore, the company has very small variable costs because the company enjoys economies of scales, fast paced manufacturing machines, etc. And this is controllable by investments in another more robust machinery.

7 0
3 years ago
Other questions:
  • Blossom Company acquired a plant asset at the beginning of Year 1. The asset has an estimated service life of 5 years. An employ
    6·1 answer
  • The concept "efficiency" has quite different meanings for economists (money out/money in), biologists (energy out/energy in), an
    7·1 answer
  • During 2017, the gateway city government recorded a $15,000 transfer from the general fund to an internal service fund; a $25,00
    5·1 answer
  • Market segments are Multiple Choice all buyers of a product or service who have previously purchased a particular firm's product
    6·1 answer
  • True or false: the lower the interest rate the lower the present balue of a set of mult
    15·1 answer
  • James purchased a commercial property at a 7.5% cap rate. The previous owner agreed to finance the deal at 8%. Why may James ele
    11·1 answer
  • Retained earnings is the total amount of cash and other assets paid in to the corporation by stockholders in exchange for capita
    13·1 answer
  • Merchandise paid for within the discount period for a Cash refund was returned. This will be recorded with a A. credit to a liab
    5·1 answer
  • dministrative and selling expenses, and depreciation expenses were $454,000, $99,000, and $144,500, respectively. In addition, t
    9·1 answer
  • A Birmingham, Alabama, foundries produces cast-iron ingots according to a 3-month capacity plan. The cost of labor averages $100
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!