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Ainat [17]
3 years ago
8

A monopolistically competitive firm

Business
1 answer:
Elanso [62]3 years ago
4 0

Answer:

a. tries to differentiate its product from competitors' products.

Explanation:

A monopolistic competition is when there are many buyers and sellers of heterogeneous goods and services .

An example of a monopolistic competition is a restaurant.

The demand curve for a monopolistic competition is downward sloping which indicates that the demand is elastic.

If in the short run ,a monopolistic competition earns economic profit, in the long run, new firms would enter in the industry wiping out the economic profit. Therefore, in the long run, a monopolistic competition doesn't operate like a monopoly. A monopoly earns economic profit both in the short and long run.

I hope my answer helps you

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strojnjashka [21]

Answer:

democratic/participative

Explanation:

Democratic leadership is also called participative leadership. In this type of leadership the supreme leader involves group member in decision making process. This foster participation, exchange of ideas which generates collective intelligence. it helps in not only making better decision making but also generates employee satisfaction by generating feeling of sense of belongingness.

4 0
3 years ago
_________ is the incremental cost of wear and tear on an asset.
bogdanovich [222]

The correct answer is DEPRECIATION.

Depreciation is defined as the incremental cost of wear and tear on an asset.

Depreciation is an accounting concept that allows a business or individual to allocate the cost of a capital item over the useful life of the item.

6 0
3 years ago
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If protective import-restricting tariffs are imposed by a country, in the majority of cases that nation's consumers end up consu
Wittaler [7]

Answer:

If protective import-restricting tariffs are imposed by a country, in the majority of cases that nation's consumers end up

paying a higher price for the good than they otherwise would.

Explanation:

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3 0
3 years ago
What is the net present value of a project with the following cash flows if the required rate of return is 9 percent?
inna [77]
<span>Year Cash Flow
0 -$46,400 
1 18,000 
2 33,530 
3 4,600</span>

<span>NPV = -$46,400 + $18,000 / (1 + 0.09) + $33,530 / (1 + 0.09)2 + $4,600 / (1 + 0.09)3 = 

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7 0
3 years ago
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Answer:

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Remaining = $750,000 - $250,000

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Remaining claim amount of $500,000 shall be paid by the umbrella policy.

8 0
3 years ago
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