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3 years ago

Who sets the price in a monopolistic competition

Mathematics

2 answers:

Nina [5.8K]3 years ago

7 0

Answer: producers.

Justification:

A monopolistic market situation is where there is only one producer, which means that there is not competition, and the prices are fixed by that only producer, called the monopolist.

Given tha tthe consumers do not have not alternative, the monopolist has much power ant that let's this supplier to decide the price of the products having the opportunity of making exagerated profits.

horsena [70]3 years ago

3 0

Correct answer: producers and consumers

Just took the quiz right now

You might be interested in

What is 1/4x+1+3/4x-2/3-1/2x

Aleks04 [339]

Answer: 1/2x + 1/3

Step-by-step explanation:

Given:

1/4(x) + 3/4(x) - 1/2(x) + 1 - 2/3

Step 1: Combine like terms

1/4(x) and 3/4(x) have a common denominator of 4. This means that you can add them together.

1/4(x) + 3/4(x) = 4/4(x) = x

Step 2: Find the common denominator of x in step 1 and combine like terms

x - 1/2(x) = 2/2(x) - 1/2(x)

Now that we have the common denominator of x, we can combine like terms. Its the same as adding or subtracting fractions without a variable. In this case, you must subtract 1/2(x) from 2/2(x).

2/2(x) - 1/2(x) = 1/2(x)

Step 3: Find the common denominator of the constants and combine like terms

1 - 2/3 = 3/3 - 2/3

Now combine like terms. Simply subtract 2/3 from 3/3.

3/3 - 2/3 = 1/3

Step 4: Write the simplified equation

1/2(x) + 1/3

This is the answer

4 0

2 years ago

Can I get help with this

Marta_Voda [28]

Answer:

X = 60

Y = 50

Step-by-step explanation:

The total degrees of a triangle is 180 degrees. For the middle triangle, 50+70=120 so 180-120=60.

On the far right, Y=50 because you take 50 degrees from the middle triangle, and insert it there.

3 0

2 years ago

Christina also plans on leaving her $10,000 invested for 20 years. Write an equation representing her investment’s value, y, aft

kaheart [24]

The required equation is y = 10000(1.0.25)^2x. The value of Christina’s investment after 20 years is $30,773.14

Compound interest

The interest accrued on a sum of money is known as interest. The formula for calculating the compound interest is expressed as:

y = y0(1+r/n)^nx

where

x is the time taken

r is the rate in decimal

n is the compounding time

Given the following

x = 20 years

n 2(semi annually)

r = 5.7% = 0.057

Substitute

y = 10000(1+0.057/2)^2(20)
y = 10,000(1 + 0.0285)^40

y = 10000(1.0285)^40
y = 30,773.14

Hence the value of Christina’s investment after 20 years is $30,773.14

Learn more on compound interest here: brainly.com/question/24924853

4 0

1 year ago

Help plz I'm desperate

lutik1710 [3]

Anna:

1st month = 18 + $\frac{3}{4}$ = 18 $\frac{3}{4}$ inches

2nd month = 18 $\frac{3}{4}$ + $\frac{3}{4}$ = 19 $\frac{1}{2}$

3rd month = 19 $\frac{1}{2}$ + $\frac{3}{4}$ = 20 $\frac{1}{4}$

4th month = 20 $\frac{1}{4}$ + $\frac{3}{4}$ = 21

5th month = 21 + $\frac{3}{4}$ = 21 $\frac{3}{4}$

Grace:

Because Anna is $\frac{9}{4}$ inches shorter than Grace, we can start the count from the third month:

1st month = 20 $\frac{1}{4}$

2nd month = 21

3rd month = 21 $\frac{3}{4}$

4th month = 21 $\frac{3}{4}$ + $\frac{3}{4}$ = 22 $\frac{1}{2}$

5th month = 22 $\frac{1}{2}$ + $\frac{3}{4}$ = 23

7 0

2 years ago

What values of y satisfy this equation? 3y - 14 = 16

TiliK225 [7]

Answer:

By making y alone

Step-by-step explanation:

3y-14=16

+14 +14

3y= 30

divide 3 on both sides

y=10

Hope this helps!

6 0

3 years ago