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3 years ago

What four conditions define monopolistic competition?

1 answer:

6 0

1. Many FirmsAs a rule, monopolisticallycompetitive markets are notmarked by economies ofscale or high start-up costs,allowing more firms.2. Few Artificial Barriers toEntryFirms in a monopolisticallycompetitive market do notface high barriers to entry.3. Slight Control over PriceFirms in a monopolisticallycompetitive market have somefreedom to raise prices becauseeach firm's goods are a littledifferent from everyone else's.4. Differentiated ProductsFirms have some control overtheir selling price because theycan differentiate, or distinguish,their goods from other productsin the marke

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Which companies entry into the Chinese market resulted in their brand being translated as 'bite the wax tadpole

dlinn [17]

Coca Cola? I might be wrong but I'm pretty sure

3 0

4 years ago

The difference between supply and quantity supplied is that "supply" refers to the ___________ and "quantity supplied" refers to

yanalaym [24]

Answer:

a. curve; point on the curve

Explanation:

Supply refers to the supply curve. Changes in supply leads to movement of the supply curve either to the left or to the right.

Factors that cause change in supply:

A. Cost of production

B. Weather

C. Taxes

D. Number of suppliers

Quantity supplied is a point on th curve with reference to price. Changes in quantity supplied is represented by movement either up or down the supply curve. Changes in quantity supplied is caused only by changes in price.

I hope my answer helps you

4 0

4 years ago

Jeremy is working on a spreadsheet. Which part of the information processing cycle will justify Jeremy's use of the spreadsheet

Tom [10]

Answer:

Explanation:

if its wrong than forsure d

7 0

3 years ago

Synovec Corporation is expected to pay the following dividends over the next four years: $6.60, $17.60, $22.60, and $4.40. After

Alexandra [31]

Answer: $245

Explanation:

If the required return on the stock is 7 percent, the current share price would be calculated as:

= 6.60/1.07 + 17.60/1.07^2 + 22.60/1.07^3 + 4.40/1.07^4 + [(4.4 × 1.0525) / (7%-5.25%)] / 1.07^4

= $245.23

= $245 approximately

Therefore, the current share price will be $245

3 0

3 years ago

f the unemployment rate is 8 percent, this means: a. 8 percent of the population is unemployed. b. 8 percent of the population o

hodyreva [135]

Answer:

c. 8 percent of the labor force is unemployed.

Explanation:

<em>The Unemployment Rate measures the percentage of the total labor force that is unemployed while actively seeking employment during the previous month</em>. If the unemployment rate is 8 percent, this means 8 percent of the labor force is unemployed. That also means, <u>out of all the people actively seeking employment during the previous month, 8 percent are still unemployed or jobless.</u>

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3 years ago