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yanalaym [24]
1 year ago
15

The essential feature that differentiates imperfectly competitive firms from perfectly competitive firms is that an imperfectly

competitive firm?
Business
1 answer:
Ainat [17]1 year ago
7 0

The essential feature that differentiates imperfectly competitive firms from perfectly competitive firms is that an imperfectly competitive firm faces a downward-sloping demand curve, and a perfectly competitive firm faces a horizontal demand curve.

In the competitive market, where there are a large number of buyers and sellers, and the sellers supply identical products to the buyers it is known as perfect competitive firms.

Whereas, in the imperfect competition there is competition for market share, different products and services, high barriers to entry and exit, and a small number of buyers and sellers.

Hence, both the firms, imperfectly competitive firms and perfectly competitive firms differ from each other.

To learn more about perfectly competitive firms here:

brainly.com/question/27419666

#SPJ4

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Question 10 Suppose that the beginning balance of Accounts Payable (A/P) for Better Than That, Inc. on January 1, 2017 was $17,9
JulsSmile [24]

Answer:

Purchases on credit in 2017 are $15,007

Explanation:

Credit Purchases can be determined by opening a Total Accounts Payable T - Account as follows :

Total Accounts Payable T - Account

Debit :

Closing Balance                                   $12,603

Cash Payments                                    $20,338

Totals                                                     $32,941

Credit :

Opening Balance                                  $17,934

Credit Purchase (Balancing figure)      $15,007

Totals                                                     $32,941

3 0
4 years ago
Small investors are invited to take part in the economy of the country through the buying and selling of shares.
cupoosta [38]

Answer:

A financial institution (FI) is a company engaged in the business of dealing with financial and monetary transactions such as deposits, loans, investments, and currency exchange. ... Virtually everyone living in a developed economy has an ongoing or at least periodic need for the services of financial institutions.

Social institutions are mechanisms or patterns of social order focused on meeting social needs, such as government, economy, education, family, healthcare, and religion. Some sociological methods focus on examining social institutions over time, or compare them to social institutions in other parts of the world.

Hopethishelps

3 0
3 years ago
Marshall suggested that the cause of a downward-sloping long-run supply curve is a. The absence of fixed cost in the long run. B
abruzzese [7]

Marshall suggested that the cause of a downward-sloping long-run supply curve is a) The absence of fixed cost in the long run.

A fixed cost tends to increase the marginal cost curve in the short run but due to the fact that the fixed cost is not viable in the long run, the marginal cost declines and so the long-run supply curve is falling in the long run.

In a lowering value industry, the long-run deliver curve is downward sloping due to the fact that as output will increase and new corporations input, production costs decline. The computer enterprise is an instance of a downward sloping supply curve, considering the fact that as the range of computers produced multiplied, the charge of inputs, consisting of chips, decline.

The lengthy-run deliver curve for an industry in which production fees boom as output rises (a growing-value industry) is upward sloping. The long-run deliver curve for an enterprise wherein manufacturing costs lower as output rises (a reducing-price enterprise) is downward sloping.

The long-run delivery is the delivery of goods to be had whilst all inputs are variable. The lengthy-run supply curve is always extra elastic than the short-run delivery curve. The lengthy-run average value curve envelopes the fast-run average fee curves in a u-shaped curve.

Learn more about the supply curve here brainly.com/question/23364227

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7 0
2 years ago
You consider buying a share of stock at a price of $24. The stock is expected to pay a dividend of $1.32 next year, and your adv
Blababa [14]

Answer:

2%

Explanation:

Actual return = [(Dividend + Capital gain) / Purchase price] * 100

= [($1.32 + $27 - $24) / $24] * 100

= 18%

Expected return = rf + Beta*(E(rm) - rf)

= 10% + 0.6*(20% - 10%)

= 16%

Abnormal return = Actual return - Expected return

Abnormal return = 18% - 16%

Abnormal return = 2%

5 0
3 years ago
_______ has been defined as the process of identifying consumers with similar attributes who are likely to exhibit a similar buy
Hoochie [10]

Global market segmentation has been defined as the process of identifying consumers with similar attributes who are likely to exhibit a similar buying behavior.

<h3><u>Explanation:</u></h3>

The process involved in the identification of a particular segment of customers to sell the products refers to the Global Market Segmentation. Those customers of the groups that has the nature of similar behavior in buying of certain products will be grouped together under this process.

The people in the identified group will have the same purchasing behavior. Thus, when the customers of similar buying behaviors are grouped then the targeting process of the business will become easier. Fir example if you are manufacturing chocolates then it will be easier to target on;ly children and the adults.

8 0
4 years ago
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