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Nitella [24]
3 years ago
12

The perfectly competitive firm charges a price equal to ____ while the monopolistic competitor firm charges a price ____.

Business
1 answer:
iren [92.7K]3 years ago
6 0
The perfectly competitive firm charges a price equal to marginal cost


monopolistic competitor firm charges a price greater than marginal cost.
You might be interested in
An advantage of a production line process is A. higher volume of output needed to justify the investment. B. greater degree of f
Artyom0805 [142]

Answer:

D. lower per unit cost of items produced on the line.

Explanation:

"The primary benefit of assembly lines is that they allow workers and machines to specialize at performing specific tasks, which can increase productivity. Large-scale assembly lines can allow for mass production of goods that would not be possible if products were made from start to finish by a single worker. The high productivity of mass production can also result in lower cost per unit produced than other manufacturing methods."

Reference: Hamel, Gregory. “Pros & Cons of Manufacturing Products With Assembly Lines.” Small Business - Chron.com, Chron.com, 21 Nov. 2017

3 0
3 years ago
You wish to invest in a portfolio of stocks A (50%) and B (50%). The risk free rate is 2%. A B Expected Return (%) 10 18 Beta 1.
kobusy [5.1K]

Answer:

The portfolio rate of return is 14%

Explanation:

The portfolio's rate of return is the weighted average of the expected rate of return =s of the individual stocks that form up the portfolio. Thus the formula for rate of return of a portfolio is,

Portfolio rate of return = wA * rA + wB * rB

Where,

  • wA is the weight of security A in the portfolio
  • wB is the weight of Security B in the portfolio
  • rA is the rate of return of Stock A
  • rB is the rate of return of Stock B

So, the portfolio return is,

rP or Portfolio return = 0.5 * 0.1 + 0.5 * 0.18

rP = 0.14 or 14%

3 0
3 years ago
How would you characterize the strategy for competing internationally that ford was pursuing prior to the arrival of alan mullal
miskamm [114]

1. Prior to the arrival of Alan Mullay, Ford was following a strategy of offering products that were modified as per the tastes and preferences of the local market. It did not pusrue a strategy of standardization. For Ford, the focus was to meet the particular demands of local consumers. The benefits of this strategy was that particular tastes and preferences of loacl consumers were satisfied by producing models with different specifications for different markets. For example, Americans love SUVs and trucks while Asian and European consumers have a preference for fuel efficient cars. This strategy helps Ford to cater to all the different needs.

In terms of costs, such a stratgey increased the production and operations costs as the economies of scale could bot be achieved. Further advantages of standardization like common parts, sharing of development costs could not have been reaped by Ford, thus increasing costs. Ford was pursuing this strategy due to the autonomy of different regions within Ford's organization.

<span>2. With the One Ford initiative, Mullay is trying to create car platforms that can be used accross the globe without any need for modifications and customizations. The benefits of this strategy is that development costs will be shared among different markets, common parts can be procured for a car model and eventually economies of scale can be achieved. For example, small cars like</span> Focus will have the same set of requirements accross the globe and can be standardized easily. In terms of drawbacks, Ford will not be able to cater to regional nuances in the taste of customers belonging to different markets.

<span>3. The One Ford initiative does not imply that Ford will now disregard national and regional differences in demand. It will merely cut down the number of platforms that stands at 15 currently to around five platforms. Minor modifications will be allowed under the platform and these minor modifications will ensure that national and regional differences in demand is satisfied. This is specially the case for smaller cars like  Focus, or the Escape SUV.</span>

<span> </span>

5 0
4 years ago
Bruno Company accumulates the following data converning a mixed cost, using miles as the activity level.
Snezhnost [94]

Answer:

The answer is stated below:

Explanation:

Taking the highest and second lowest cost and miles driven as:

Cost = Highest - Lowest

Cost = $15,000 - $14,150

Cost = $850

Miles Driven = Highest - Lowest

Miles driven = 8,500 - 8,000

Miles Driven = 500

So,

= Cost / Miles driven

= $850 / 500

= $1.70

Total Cost would be 15,000 and 13,500

So, computing the variable cost as:

Variable cost of highest cost (VC) = Miles driven of $15,000 cost × $1.70

VC = 8,500× $1.70

VC = $14,450

Variable cost of lowest cost (VC) = Miles driven of $13,500 cost × $1.70

VC = 7,500× $1.70

VC = $12,750

Computing fixed cost as:

Fixed cost of highest cost = Total cost - VC

= $15,000 - $14,450

= $550

Fixed cost of lowest cost = Total cost - VC

= $13,500 - $12,750

= $750

5 0
4 years ago
After graduating this May, Dale is planning on buying a new Ferrari for $250,000. He decides to finance his new car with a 5 yea
jek_recluse [69]

Answer:

c) $18,986

Explanation:

The computation of the payment of principal is shown below:

= Annual payment - (Balance of Principal × interest rate)

= $48,986 - ($250,000 × 12%)

= $48,986 - $30,000

= $18,986

We do not consider the time period. Hence, we ignored it as it is not relevant for the computation part.

We simply multiply the principal balance with the interest rate and then deduct it from the annual payment.

3 0
3 years ago
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