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saw5 [17]
4 years ago
6

Now that you have studied monopolistic competition, let's see how well you can distinguish a firm in a monopolistically competit

ive market from a firm in a perfectly competitive market. Given the description of the firm below, decide whether it applies to monopolistic competition, perfect competition, or both. You may have to adjust the scroll bar to see the complete list.
1. a firm that produces with excess capacity in
2. a firm that has a firm that sets price greater than marginal cost
3. a firm that may earn an econom profit or loss in the short run
4. a firm that faces a downward sloping demand curve.
5. a firm that that maximizes profits profit in the long by producing where MR = MC
Business
1 answer:
vlabodo [156]4 years ago
7 0

Answer:

<u>Monopolistic Competition:</u>

4. a firm that faces a downward sloping demand curve.

<u>Perfect Competition:</u>

1. a firm that produces with excess capacity in

3. a firm that may earn in an economy profit or loss in the short run

5. a firm that that maximizes profits profit in the long by producing where MR = MC

<u>Both:</u>

2. a firm that has a firm that sets price greater than marginal cost.

Explanation:

You might be interested in
Started businesse with cash rs 5000 and bank balance rs 10000​
notka56 [123]

Answer:

maybe he earned 5000 more

Explanation:

5000+5000=10000

8 0
3 years ago
Strengths and weaknesses Group of answer choices should be kept confidential. are areas of high and low capability. relate to th
zaharov [31]

Answer: are areas of high and low capability.

Explanation:

Strength and weakness are areas of high and low capability. Some examples of the strengths that an organization has include large market share, strong employee attitudes, economies of scale, hug integrity etc. These gives an organization an edge over its rivals.

The weakness of an organization makes such organization lag behind its rivals.

7 0
3 years ago
Since EBIT is not necessarily indicative of cash flow, many financial analysts adjust the formulation by: a. adding unpaid taxes
drek231 [11]

Answer: c. adding depreciation to EBIT in the TIE formula

Explanation:

The Times Interest Earned Ratio is used to measure the ease by which a company can pay its interest charges using its earnings before tax.

As depreciation is a non-cash expense, the amount apportioned to depreciation can be used when paying for interest so adding it back to the EBIT ensures that the cash resources of the company are included in the analysis of whether a company can pay back debt.

7 0
3 years ago
What evasion aid is tailored to cover an individual operational area, combining standard navigation charts and maps with evasion
Westkost [7]
The appropriate response is Evasion graph. A strategy created before executing a battle mission, that is planned to enhance a potential dodger's odds of effective avoidance and recuperation by furnishing recuperation powers with an extra wellspring of data that can build the consistency of the Dodger's activities and development. Additionally called EPA.
3 0
4 years ago
A project organization structure where team members report to a functional manager as well as to the project manager is called A
Dafna11 [192]

Answer:

A. a matrix structure.

Explanation:

A matrix organizational structure is a type work structure where reporting relationships between employees are set up as a matrix rather than the conventional hierarchy approach. This simply means, there are two (2) chains of command; employees have dual reporting relationships to both a project and functional manager.

The matrix organizational structure can be classified into three (3) categories, these are;

1. Weak matrix structure.

2. Balanced matrix structure.

3. Strong matrix structure.

In project management, a strong matrix is also known as the project matrix and it basically refers to a matrix project that is significantly similar or having close resemblance with the pure project. In the strong matrix structure, the project manager controls most of the project activities and functions, including the assignment and control of project resources.

This ultimately implies that the project manager primarily holds a full-time role and has a sole authority, and as such control the budget. The role of the functional manager is usually minimal.

Hence, a project organization structure where team members report to a functional manager as well as to the project manager is called a matrix structure.

8 0
3 years ago
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