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Andru [333]
4 years ago
7

Compared to a market with perfect competition, a monopoly often has _____.answer.com

Business
2 answers:
Artist 52 [7]4 years ago
6 0
The answer would be, higher prices and fewer goods.
rodikova [14]4 years ago
6 0

Answer: The answer is higher prices and fewer goods.

Compared to a market with perfect competition, a monopoly often has higher prices and fewer goods.

Explanation:

A monopoly market refers to a market with a single buyer selling a unique product. The seller is the sole seller of goods with no close substitute. In a monopoly market, the seller has or posses government license, ownership of resources, copyright and patent and high starting cost which makes the seller a single seller of the goods. All these, restrict the entry of other sellers in the market. Monopolies have some information that is not known to other sellers.

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6 0
2 years ago
Match the different types of incomes to their sources.
Rzqust [24]
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7 0
3 years ago
Read 2 more answers
_____ involves determining the information and communications needs of the stakeholders.
vagabundo [1.1K]
The appropriate response is communications planning. It is the art and science of achieving target gatherings of people utilizing showcasing correspondence channels, for example, promoting, advertising, encounters or standard mail for instance. It is worried about choosing who to target, when, with what message and how.
4 0
3 years ago
What type of degree can you earn from a community college?
nadya68 [22]

Answer:

associate's degree

Explanation:

most community colleges offer an associate's ddgree

6 0
3 years ago
Read 2 more answers
MeasuresPenno Corporation recorded service revenues of $200,000 in 2017, of which $170,000 were on credit and $30,000 were for c
Ksenya-84 [330]

Answer:

$155,000

Explanation:

Given that,

Service revenues in 2017 = $200,000

Credit sales for 2017 = $170,000

Company also paid cash for 2017 wages = $25,000

Wages for 2017 not paid yet in cash = $20,000

Therefore,

Net income for 2017:

= Service revenues in 2017 - Cash paid for wages - Wages not paid yet in cash

= $200,000 - $25,000 - $20,000

= $155,000

Hence, the company’s net income for 2017 is $155,000.

4 0
3 years ago
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