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bonufazy [111]
4 years ago
5

In monopolistic competition, what effect do price variations generally have on the market as a whole

Business
1 answer:
irinina [24]4 years ago
4 0

In monopolistic competition, what effect do price variations generally have on the market as a whole?

It's no effect. 
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Regression analysis

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Peck corporation, a foreign subsidiary was acquired by a U.S. corporation on January 1, 2020. Determine the exchange rate used t
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Land, Equipment, and Inventory will be restated on the closing date i.e. December 31, 2020. The rate of the currency exchange from local to foreign currency for equipment is on the day of purchase which is February 1, 2020.

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As the items Land, Equipment and Inventory are all the balance sheet items, thus they will be stated on the closing date i.e. December 31, 2020.

Furthermore, the functional currency is foreign currency. Since the equipment is purchased in the domestic currency it has to be translated into the foreign currency at the rate as on the date of purchase i.e; February 1, 2020.

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A

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