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pychu [463]
3 years ago
10

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

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Answer:

A frequency table and a line plot show which value occurs most often. this is done by labeling every value. The person can clearly see the organized layedout numbers in a frequency table or line plot.

Step-by-step explanation:

If you have any questions feel free to ask in the comments.

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Please help me with this problem <br> Evaluate (-½·3)³
-Dominant- [34]

Answer: -27/8

Step-by-step explanation:

\left(-\frac{1}{2}\cdot \:3\right)^3

\mathrm{Apply\:exponent\:rule}:\quad \left(-a\right)^n=-a^n,\:\quad \mathrm{if\:}n\mathrm{\:is\:odd}

\left(-\frac{1}{2}\cdot \:3\right)^3=-\left(\frac{1}{2}\cdot \:3\right)^3

=-\left(\frac{1}{2}\cdot \:3\right)^3

\mathrm{Apply\:exponent\:rule}:\quad \left(a\cdot \:b\right)^n=a^nb^n

\left(\frac{1}{2}\cdot \:3\right)^3=\left(\frac{1}{2}\right)^3\cdot \:3^3

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3 0
2 years ago
SOLVE
Sauron [17]

Answer:

approximately

1623.6

Step-by-step explanation:

16 1/2%=.165 which is approximately equal to 1/6, so we can just multiply the original number by 6.

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