All categories

1 year ago

demand and marginal revenue curves are downward-sloping for monopolistically competitive firms because

1 answer:

6 0

Demand and marginal revenue curves are downward-sloping for monopolistically competition firms because: a. product differentiation allows each firm some degree of monopoly power.

<h3>What is product differentiation?</h3>

Product differentiation can be defined as what makes a product to different from another product which is why some producer tend to include a unique features in their so as to make their product distinct from that of others.

A monopolistic competitive firms can tend to face a downward - sloping demand curve based on the fact that it help to differentiate their product from that of others competitors.

Therefore the correct option is A.

Learn more about Product differentiation here: brainly.com/question/8107956

#SPJ1

The complete question is:

Demand and marginal revenue curves are downward-sloping for monopolistically competition firms because...

a)product differentiation allows each firm some degree of monopoly power

b)there are a few large firms in the industry and they each act as a monopolist

c)mutual interdependence among all firms in the industry leads to collusion

d)each firm has to take the market price as given

You might be interested in

Peppy is confident that Pepe's Pizzazzeria will be a success, but only if he has enough money to do things right. Since Pepe has

jekas [21]

Answer:

The correct answer is letter "B": develop a business plan.

Explanation:

Entrepreneurs who lack funds to start their ventures should develop a business plan so it can be presented to prospective investors who will decide if the venture is of their interest or not. The business plan should include the mission and vision of the business as well as a <em>SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis</em> explaining how the business will mitigate its risks and maximize its benefits.

The business plan should be innovative in Peppy's case since pizzerias are very common, thus, Pepe's Pizzazzeria must have a clear competitive advantage to face competitors.

8 0

3 years ago

This news segment comes at a time when Alibaba was preparing to offer its stock to investors through the New York Stock Exchange

nataly862011 [7]

Answer:

C. Free cash flow is utilized to fund a diversification strategy and having additional funds could support future investments.

3 0

3 years ago

The standard deviations of individual stocks are generally higher than the standard deviation of the market portfolio because th

Mila [183]

Answer: Diversifies risk

Explanation:

The main purpose of having a portfolio is to be able to diversify risk so that a total loss is not made if things do not go well. As such, well diversified portfolios are able to reduce their unsystematic risk.

Individual stock on the other hand, cannot be diversified and so have unsystematic risk which makes their standard deviations(risk) higher.

6 0

3 years ago

The Great Crash can be attributed to all of the following reasons EXCEPT a. many people had gone into debt buying consumer items

Paha777 [63]

It would have to be C. For answer A, people going into debt while not being able to pay back te money caused bank failures (Credit). B looks like the same as A, risky loans made by banks to people who are unable to pay them off. Answer C is incorrect because MANY people were not aware of the stok market crash and asked their broker to hand them money. When the broker issued a frantic margin call, other brokers started calling and pretty much everyone had to sell at the same time, which issued the crisis. D is correct and is still happening today.

3 0

3 years ago

Read 2 more answers

stock co uses a job costing system the following debts appeared in stock work in process account for the month of april balance

Anni [7]

Answer:

See below

Explanation:

The above information is incomplete. Concluding part from similar question is seen below.

Direct labor $16,000

Factory overhead $12,800

To finished goods ($48,000)

Therefore, the amount of direct materials charged to job is computed as;

= Balance + Direct materials + Direct labor + Factory overhead - Finished goods

= $4,300 + $26,400 + $16,000 + $12,800 - $48,000

= $11,500

The next step is to deduct the job Still in work in process charged with direct labor.

= $11,500 - $2,300

= $9,200

Hence, the amount of direct materials charged to job no 5 is $9,200

7 0

3 years ago