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Elza [17]
3 years ago
10

How do monopolistic competitors try to make their products stand out?

Business
1 answer:
BlackZzzverrR [31]3 years ago
6 0

Answer:

They lower their prices.

Explanation:

As a<u><em> monopoly is stablished</em></u> then the next step is to<u><em> reduce prices </em></u>when competitors try to enter the market so they remain being the company with the biggest<u><em> share of the market. </em></u>

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Jessica is a U.S. Army Reservist and in 2020 traveled 130 miles each way to serve duty at a local military installation. She was
Zepler [3.9K]

Answer:

AGI Deduction = 580.8 US dollars.

Explanation:

Solution:

Data Given:

Miles traveled = 130 miles

Reporting Period = 4 times in 2020

Cost from home to base = $1.75 toll each way.

Jessica's for AGI deduction for these costs is:

First, we need to find the travel amount:

Travel amount = Miles x Reporting Period x 2 x Mileage rate for deduction

Here, mileage rate for deduction = 0.545 per mile. So,

Travel Amount = 130 miles x 4 times x 2 x 0.545

Travel Amount = 566.8 US dollars.

Now, we need to find the Jessica's Toll Expenses.

Toll Expenses = 1.75 x 2 x 4 times

Toll Expenses = 14 US dollars.

Finally, we can find the required AGI Deduction:

AGI Deduction = Travel Amount + Toll Expenses.

AGI Deduction = 566.8 US dollars + 14 US dollars

Hence, Jessica's AGI deductions are:

AGI Deduction = 580.8 US dollars.

3 0
3 years ago
A company estimates that overhead costs for the next year will be $8,320,000 for indirect labor and $155,500 for factory utiliti
Serhud [2]

Answer:

The company's plantwide overhead rate is 21.19%

Explanation:

given information:

indirect labor = $8,320,000

factory utilities = $155,500

machine hours = 400,000

to calculate the overhead rate, we can use the following formula

overheadrate = \frac{Indirectcost}{allocationmeasure}

in this case.

the indirect cost = indirect labor + factory utilities

                           = $8,320,000  + $155,500

                           = $8,475,500

allocation measure = 400,000

thus,

overheadrate = \frac{8,475,500}{400,000}

                     = 21.19%

7 0
4 years ago
A homeowner could take out a 15-year mortgage at a 5.5 percent annual rate on a $195,000 mortgage amount, or she could finance t
Montano1993 [528]

Answer:

The amount of total interest over the entire mortgage period could she save by financing her home with the 15-year mortgage is $138,612

Explanation:

First find the total interest on the 30-year mortgage:

PV = 195,000

N = 360

FV = 0

I = 6.1/12 = 0.5083

195,000 = PMT × PVIFA (0.061/12, 360 months); (in excel)

PMT of 1,181.69 × 360 = 230,408;

Next find the total interest on the 15-year mortgage:

PV = 195,000

N = 180

FV = 0

I = 5.5/12 = 0.4583

195,000 = PMT × PVIFA (0.055/12, 180 months); (in excel)

PMT of 1,593.31 × 180 = 91,796;

The amount of interest saved is: $230,408.34 − $91,796.29 = $138,612.05

7 0
3 years ago
An example of an instrinsic reward is
kirill [66]

Explanation:

An intrinsic reward is an intangible award of recognition, a sense of achievement, or a conscious satisfaction. For example, it is the knowledge that you did something right, or you helped someone and made their day better.

3 0
3 years ago
Read 2 more answers
g Estimate the cost of common equity for a firm, given the following information. For the next year, the firm plans to pay a div
wel

Answer:

The cost of equity is 12.49 percent

Explanation:

The price per share of a company whose dividends are expected to grow at a constant rate can be calculated using the constant growth model of the DMM. The DDM bases the price of a stock on the present value of the expected future dividends from the stock. The formula for price today under this model is,

P0 = D1 / r - g

Where,

  • D1 is the dividend expected for the next period
  • r is the cost of equity
  • g is the growth rate in dividends

As we already know the P0 which is price today, the D1 and the growth rate in dividends (g), we can plug in the values of these variables in the formula to calculate the cost of equity (r)

100.81 = 8.76 / (r - 0.038)

100.81 * (r - 0.038) = 8.76

100.81r  -  3.83078 = 8.76

100.81r  =  8.76 + 3.83078

r = 12.59078 / 100.81

r = 0.12489 or 12.489% rounded off to 12.49%

6 0
3 years ago
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