Answer:
Letter b is correct.<em> A monopolistically competitive firm faces competition from firms producing close substitutes.</em>
Explanation:
<u>Monopolistic competition</u> is an economic situation that occurs when companies exhibit imperfect competition, that is, companies market similar but not identical products, which characterize them as substitute but not perfect substitute products.
Products may have different variables, such as quality, price and reputation in the market. The greater the degree of product differentiation, the more price control the company will have.
Based on the direct materials cost and the predetermined overhead rate, Lowden company should apply an oevrhead cost of $128,000.
<h3>How much overhead should be applied?</h3>
This can be found as:
= Direct materials x Predetermined overhead rate
Solving gives:
= 80,000 x 160%
= $128,000
In conclusion, the overhead cost to be applied is $128,000.
Find out more on predetermined overhead rates at brainly.com/question/26372929.
#SPJ1
Answer:
C.
Explanation:
Based on the information provided within the question it can be said that all of the options available will help get rid of this problem except for ending racial discrimination. Although it is something that should be fought, it will have little to no effect on the poverty level in comparison to the other options available. Since racial discrimination affects minorities in a variety of ways.
First calculate the amount financed
Amount financed=725−50=675
The formula is
I=(2yc)/(m (n+1))
Solve for c to get
C=(I×m×(n+1))/2y
C=(0.14×675×(24+1))÷(2×12)=98.44
Total of payments=675+98.44=773.44
Monthly payment is
773.44÷24=32.23
Hope it helps!
