Answer:
setting the price of the product well below the price charged by the rival
Explanation:
A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopoly has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.
An example of monopolistic competition are restaurants
When firms are earning positive economic profit, in the long run, firms enter into the industry. This drives economic profit to zero
If firms are earning negative economic profit, in the long run, firms leave the industry. This drives economic profit to zero
in the long run, only normal profit is earned
If a monopolistically competitive sets price below competitors, losses would be made. So, there is no incentive to do this
Answer:
50,600 units
Explanation:
The computation of the number of units to be produced in September is given below:
= sales + ending inventory - opening inventory
= 51,000 units + (40% of 50,000 units) - (40% of 51,000 units)
= 51,000 units + 20,000 units - 20,400 units
= 50,600 units
Answer:
la importancia es hacer que la gente compre y los que venden ganen plata
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