Answer:
Price is lower than ; Quantity is higher than Monopolistic Competition
Explanation:
Perfect Competition is a market form with many buyers & sellers, selling homogeneous products at constant prices. Having uniform prices, It has perfectly elastic horizontal demand (Average Revenue) curve, ie = Marginal Revenue curve. Equilibrium price is where MR = MC ; So price = MC. This leads to optimal quantity supplied in market
Monopolistically competitive is market form having many sellers, selling slightly differentiated products, at different prices. Their demand curve (AR curve) is usually downward sloping, lies above the MR curve. Market equilibrium quantity is determined at MR = MC. The corresponding price is determine as per higher demand (AR) curve. Price > MC implies less than optimal quantity supplied in markets
Hence : Broccoli would be lower priced & higher supplied in case of perfect competition market, relatively higher priced & less supplied in case of monopolistic competition market.
1,2,3,6
this is what i would choose of course
not sure how to explain it though
Answer:yes
Explanation: education is important for any person in any country. well that not so true most third world country kids do not go to school they work doing hard labor and etc.
<span>A=1000</span> so now the equation is
<span>700(1000)+1200R=1,000,000</span><span>
700,000+1200R=1,000,000</span>
subtract <span>7000,000</span> to get:<span>1200R=300,000
</span><span>
then divide by </span><span>1200</span><span> to get</span><span>R=250</span>
Answer:
(a) $75
(b) $30
(c) $80
(d) $56
Explanation:
(a) Principal amount p = $5000
Rate of interest r = 6 %
Time t = 90 days 
We know that simple interest 
(b) Principal amount p = $800
Rate of interest r = 9 %
Time t = 5 month 
We know that simple interest 
(c) Principal amount p = $6000
Rate of interest r = 8 %
Time t = 60 days 
We know that simple interest 
(d) Principal amount p = $1500
Rate of interest r = 7 %
Time t = 6 months 
We know that simple interest 
