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Volgvan
4 years ago
11

Monopolistic competition is similar to monopoly because

Business
1 answer:
docker41 [41]4 years ago
6 0

Answer:

B. in both industry​ structures, the firm's demand curve is downward sloping. 

Explanation:

Both firm types have a downward sloping demand curve which indicates that as price is increased, quantity demanded falls.

Monopolistic competition have no barriers to entry while a monopoly does.

Monopolistic competition have many sellers while a monopoly has one seller.

Monopolistic competition break even in the long run while monopoly maintain super normal profits in the long run

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Home Depot begins running magazine advertisements for patio furniture during the winter months in states such as Florida, Texas
Firlakuza [10]

Home Depot likely practiced geographic segmentation to help them identify when to utilize media at the times when their customers are most apt to be considering outdoor living purchases.

<u>Explanation:</u>

Geographic segmentation is a marketing strategy used by the companies when they intend to serve customers in a specific area, or when the targeted audience has distinct preferences depending on where they are based. It comprises grouping prospective customers by region, country, state or city. They can even be grouped based on the neighborhood. Seasonal products often are advertised to geographic segments based on the climate, as in this case is done with patio furniture.

5 0
3 years ago
Please subscribe to my mom channel please
gizmo_the_mogwai [7]

Answer:

I subscribed just now:-)

6 0
3 years ago
Marcy Tucker received the following items this year. Determine to what extent each item is included in her AGI. (Leave no cells
musickatia [10]

Answer: A. $0

B. $500

C. $8,000

D. $0

Explanation:

A. $0.

The $25,000 is a cash gift from her parents which is a cash gift from relatives and so is not included in the AGI.

B. $500

The entire amount is included in her AGI as winnings from competitions are included in AGI calculations.

C. $8,000

Alimony payments are included in AGI calculations so the whole alimony figure is to be included.

D. $0

Cash inheritance is not to be included in AGI calculations for tax purposes so the entire figure of $100,000 should not be included.

6 0
4 years ago
Trade between nations can be mutually beneficial if one country has:.
SIZIF [17.4K]

Trade between nations can be mutually beneficial if one country has a comparative advantage.

<h3>What do you mean by a comparative advantage?</h3>

The model of comparative advantage is one of the basic concepts that underlies the theory of international trade and shows that countries tend to specialize in the production and export of those goods that they manufacture at a relatively lower cost than the rest of the world.

Those that are comparatively more efficient than others and that tend to import goods in which they are more inefficient and therefore produce with costs that are comparatively higher than the rest of the world.

Learn more about Trade, refer to the link:

brainly.com/question/1594296

#SPJ1

6 0
2 years ago
Assume an increase in investment spending by $100, and a marginal propensity to consume (MPC) of 0.6. How much would GDP increas
maw [93]

Answer:

The increase in GDP is $250

Explanation:

The increase in investment spending = $100

Marginal propensity to consume = 0.6

Now we have to find an increase in the GDP after absorbing the $100.

Therefore, we need to find the multiplier by using the marginal propensity to consume.

Multiplier = 1 / (1-MPC)

Multiplier = 1/( 1- 0.6)

Multiplier = 2.5

The increase in GDP = increase in investment spending × Multiplier

The increase in GDP = 100 × 2.5 = $250

7 0
3 years ago
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