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3 years ago

A monopolistically competitive market could be considered inefficient because

1 answer:

swat323 years ago

6 0

A monopolistically competitive market could be considered inefficient because price exceeds marginal cost. A monopolistic competitive market is defined as imperfect competition because there are many producers that sell products that differentiate from each other. Because these products differentiate between how they branded and their quality they are not able to be perfect substitutes for one another.

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Suppose that Jack and Hal and Sophia enter in to a contract for the sale of the business. Jack however was drunk at the time tha

Katyanochek1 [597]

Answer:

The contract is valid unless Jack did not know he was entering into the contract or lacked the mental capacity to comprehend its nature.

5 0

3 years ago

3. Why does the infant mortality rate relate to a country's level of development?

avanturin [10]

Answer:

The answer is B. The rate is an indicator of nutrition and health care.

Explanation:

Infant mortality rate means how many children die at birth and/or before reaching the age of 05. This is an indicator of the health sector and it's development in a country.

Mainly, this is because a significant and technologically advanced health sector with a substantial capital investment is required to cater to the health needs of new borns, children and their mothers special health requirements.

4 0

3 years ago

Read 2 more answers

Estimate the affordable monthly mortgage payment, the affordable mortgage amount, and the affordable home purchase price for the

masya89 [10]

Answer:

Affordable monthly mortgage payment $796

Affordable mortgage amount $119,699

Affordable home purchase price $149,625

Explanation:

1. Calculation for the Affordable monthly mortgage payment

Affordable monthly mortgage payment

=($3,200 x .38) – $185– $235= $751

Affordable monthly mortgage payment=$1,216-$185-$235

Affordable monthly mortgage payment=$796

2. Calculation for the Affordable mortgage amount

Using this formula

Affordable mortgage amount = Affordable payment/ Monthly mortgage factor *1,000

The monthly mortgage factor of a 30-year mortgage at 7% is 6.65.

Let plug in the formula

Hence,

Affordable mortgage amount

796/6.65 x 1000 =

Affordable mortgage amount=119.699×1000

Affordable mortgage amount=$119,699

3. Calculation for affordable home purchase price

Affordable mortgage amount=119.699×1000

Affordable mortgage amount=$119,699

3. Calculation for affordable home purchase price

Affordable home purchase price=119,699/ (1 - .20)

Affordable home purchase pr= $119,699/0.8

Affordable home purchase price=$149,625

Therefore:

Affordable monthly mortgage payment is $796

Affordable mortgage amount is $119,699

Affordable home purchase price is $149,625

5 0

3 years ago

The presence of formal labor organizations in the united states dates back to the

ivann1987 [24]

HEY THERE.

THE CORRECT ANSWER IS The presence of formal labor organizations in the united states dates back to the LATE 1700S

HOPE IT HELPS THANK YOU :)

6 0

3 years ago

Carrot Corporation, a C corporation, has a net short-term capital gain of $65,000 and a net long-term capital loss of $250,000 d

Molodets [167]

Answer:

The answer is $45,000

Explanation:

$45,000

- Net Short Term Capital gain +Net Long Term Capital loss= 65,000+ (250,000)= -185,000

-Net Long Term Capital loss(2015)+Net Short Term Capital gain (2016)+Net Long Term Capital Gain(2017) = 60,000+45,000+35,000=140,000

-185,000+140,000= (45,000)

5 0

3 years ago

Read 2 more answers