The characteristics of a competitive market, and a monopolistically competitive market are:
- Price is equal to marginal cost - competitive market,
- Easy entry and exit - both
- Few sellers - neither
- Homogeneous product - competitive market,
<h3>How are competitive and monopolistically competitive markets related?</h3>
Both competitive and monopolistically competitive markets are easy to enter and exit from but only competitive markets have their pruice equal to their marginal cost.
The goods in a monopolistically competitive market is slightly variated while those in competive markets are homogenous.
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Gossiping at the workplace is unprofessional because it is passing rumors about other employes or other people maybe even your boss.
Silver Fire Electric Inc is a multinational enterprise.
A multinational enterprise, abbreviated as MNE and every so often also known as multinational corporation (MNC), just multinational or international corporation, is an employer generating items or delivering offerings in more than one country.
A multinational business enterprise is a corporate employer that owns and controls the manufacturing of goods or offerings in as a minimum one united states apart from its domestic united states.
Multinational corporations assist to create employment possibilities and international. Inward investments with the aid of MNCs construct a great deal-needed overseas currency for developing and growing economies. they also generate employment possibilities and assist enhance the expectation of what's possible in lesser advanced countries.
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He made $115 because 25% of 40 is 10. multiply 10 by 4 rings to get 40. 25% of 60 is 15. multiply 15 by 5 to get 75. add 40 to the 75 to get $115.
To find Simon's maximum amount he can borrow against his home you will use the Home Loan Value Formula.
Home is worth: $400,000
Remaining balance: $175,000
Borrow: up to 75% on home
First, you'll want to take the market value of $400,000 and multiply it by 75% (.75) which gives you $300,000.
Then, you'll need to subtract what Simon owes on the home to find the amount he can borrow.
$300,000 - $175,000 = $125,000
Simon can borrow $125,000 against his home.
