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3 years ago

Which scenario BEST represents monopolistic competition?

Business

2 answers:

ruslelena [56]3 years ago

4 0

A company wins a contract to be the sole provider of phone and cable television service for a city.

harkovskaia [24]3 years ago

4 0

The best scenario of monopolistic competition is when a SPECIFIC product or service is preferred.

EXAMPLES ARE . . .

A family decides to stay at SPECIFIC hotel on vacation because it has a swimming pool with a slide.

A college student chooses cellular service based on the availability of a SPECIFIC type of phone.

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Insurance is _____________ when the possible loss is relatively large compared to the amount of the premium.

Andreyy89

Using economic understanding, insurance is "Economically feasible" when the possible loss is relatively large compared to the premium amount.

This is because when an individual insured on a premium account loses huge properties that are considerably large compared to the premium paid, this is economically feasible to such an individual.

For example, if an individual has his vehicle worth $1 million on damaged but has only paid less than $100,000 as insurance fee, such individual would have his car replaced by the insurance firm, despite only paying 10 percent of the car price as insurance fee.

Thus, this situation is considered economically feasible.

Hence, in this case, it is concluded that the correct answer is "Economically feasible."

Learn more here: brainly.com/question/13769098

8 0

3 years ago

Graphically, the full-employment, stable-inflation, rapid-growth economy of the last half of the 1990s is depicted by a?

Mamont248 [21]

Graphically, the full-employment, stable-inflation, rapid-growth economy of the last half of the 1990s is depicted by a rightward shift of the aggregate demand curve along a fixed aggregate supply curve.

An economy is a place of manufacturing, distribution, and change, as well as consumption of goods and services. In preferred, it's miles described as a social domain that emphasizes the practices, discourses, and cloth expressions related to the production, use, and management of scarce assets.

An economy is the massive set of inter-associated production and consumption sports that are useful resources in determining how scarce sources are allotted. In a financial system, the manufacturing and intake of products and services are used to fulfill the wishes of these living and working within it.

The economy is defined because of the management of monetary topics for a community, business, or circle of relatives. An instance of an economic system is the stock market device within the US.

Learn more about economy here brainly.com/question/1106682

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7 0

2 years ago

On January 1, 2018, Jacob Inc. purchased a commercial truck for $48,000 and uses the straight-line depreciation method. The truc

Norma-Jean [14]

Answer:

option (D) loss, $3,000

Explanation:

Given:

price of the truck = $48,000

estimated residual value = $8,000

Exchange price of the truck = $60,000

Trade allowance = $35,000

Since, straight line depreciation is given, thus,

Total depreciation = $\frac{\textup{48,000−8,000}}{\textup{8}}$

Total depreciation = $5,000 per year

Therefore,

the book value after two years

= Price of truck - total depreciation in two years

= $48,000 − ($5,000 × 2 years)

= $38,000

Now,

a trade allowance received ( i.e $35,000 ) is less than the book value

therefore a loss is recorded

The amount of loss = (Book value - trade allowance received)

The amount of loss = $38,000 - $35,000 = $3,000

Hence, correct answer is option (D) loss, $3,000

5 0

3 years ago

When Jesse was fired, his supervisor told him the reason was that he did not meet performance standards. The supervisor assumed

strojnjashka [21]

Answer:

Jesse had been claimed disc unjustly

Explanation:

because the person is going to fire Jesse

7 0

2 years ago

What are the benefits of doing business in other countries?

umka2103 [35]

some business give better pay or that when they do pay you can be worth more if they bring it back to the u.s

6 0

3 years ago