Answer:
c. both a monopoly and a competitive firm
Explanation:
A monpolistically competitive firm is a firm that has the features of both a monopoly and a competitive firm
Characteristics of a monopoly in a monpolistically competitive firm:
1. Products are differentiated in a monpolistically competitive firm.
2. Firms are price setters.
Characteristics of perfect competition in a monpolistically competitive firm:
1. There is free entry and exist into the industry.
2. There are many sellers
An industry in which numerous price-taking firms produce identical products.
Answer:
499.80
Explanation:
There is no 39.6% tax bracket, the highest marginal tax is 37%. But we can assume that Mikey had to pay 39.6% in taxes which means that he is in the seventh tax bracket (highest). Since he is classified under the highest tax bracket, he will also pay the highest capital gains rate which is 20%.
Mikey's long term capital gain = $4,950 - $2,400 = $2,550
if he paid regular income taxes = $2,550 x 39.6% = $1,009.80
since he pays capital gains taxes = $2,550 x 20% = $510
That means he saves $1,009.80 - $510 = 499.80
A common tool project teams use to show resource assignments is a responsibility matrix. Typically, this chart will depict what role each person on the team will have during each activity.
Managers set up a log to show each persons role for project completion. This allows for more streamline work and eliminates the questions regarding what each person should or shouldn't be doing.
Answer: Option A
Explanation: Sales promotion is the method of convincing a prospective consumer to buy the commodity. Sales promotion is intended to be used as a brief-term tool to boost sales – it is seldom appropriate as a way to develop long-term customer retention.
Giving discount, rebates and other such special offers are some of the many examples of sales promotion. In simple words,it is done to boost the sales for the current period.
In the given case, Amazon is also offering money saving offers to attract customers. Hence we can conclude that this is an example of sales promotion.