1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Marizza181 [45]
3 years ago
10

In monopolistically competitive markets, resources are: Group of answer choices overallocated because long-run equilibrium occur

s where price exceeds marginal cost. underallocated because long-run equilibrium occurs where marginal cost exceeds price. overallocated because long-run equilibrium occurs where marginal cost exceeds price. underallocated because long-run equilibrium occurs where price exceeds marginal cost.
Business
1 answer:
sasho [114]3 years ago
3 0

Answer: underallocated because long-run equilibrium occurs where price exceeds marginal cost.

Explanation:

Monopolistic competition occurs when there are many firms that are producing products that are differentiated. It should also be noted that one typical characteristics of a monopolistic competition is a large number of firms coupled with low entry barriers.

It should be noted that in monopolistically competitive markets, resources are underallocated because long-run equilibrium occurs where price exceeds marginal cost..

You might be interested in
A factory has added a new incentive program to encourage employees to use payroll deductions to contribute to their 401K retirem
ddd [48]

Answer:

Explanation:

Mean is given as $ 100.602

every observation in the dataset is multiplied by 1.578

= 100.602 × 1.578

= 158.75

4 0
3 years ago
If a consumer buys Charmin bath tissue that is the exact same quality as a generic brand only more expensive, Charmin has create
Vlada [557]

If a customer purchases Charmin bath tissue at a price that is higher but of the same quality as a generic brand, Charmin has established brand equity with the customer.

What does "brand equity" entail?

A marketing term for a brand's value is "brand equity."Consumer experiences and perceptions of the brand determine that value.Positive brand equity indicates that people value a brand.

What is a brand when multiple products are sold under the same name?

Umbrella branding, also known as family branding, is a marketing strategy in which a single brand name is used to sell two or more products that are related to one another.Companies with positive brand equity (the value of a brand in a particular market) typically employ umbrella branding.

Learn more about brand equity here:

brainly.com/question/29733482

#SPJ4

7 0
1 year ago
The "Four C's of Credit" are
White raven [17]
Credit, capacity, collateral, and capital
7 0
2 years ago
Esquire Company needs to acquire a molding machine to be used in its manufacturing process. Two types of machines that would be
In-s [12.5K]

Answer: Machine B because it has the lower Present Value

Explanation:

<h2>Machine A</h2>

= Present Value of income - Present Value of Costs

Present value of Income;

Sold for $5,000 after 10 years.

= 5,000/ (1 + 8%)^10

= $2,315.97

Present Value of Costs;

Purchased for $48,000.

Maintenance of $1,000 per year for  years.

Present value of maintenance= 1,000 * Present value factor of annuity,  10 years, 8%

= 1,000 * 6.7101

= $6,710.10

Machine A Present Value

= 2,315.97 - 6,710.10 - 48,000

= ‭-$52,394

<h2>Machine B</h2>

No salvage value.

Present Value of costs

Purchased for $40,000.

Present value of maintenance = (4,000 / (1 + 8%)^3)  + (5,000 / ( 1 + 8)^6) + (6,000 / ( 1 + 8%)^8)

= -$9,567.79

Present Value = -40,000 - 9,567.79

= -$49,568

5 0
3 years ago
Houston Fashions is considering a new product line that would require an investment of $ 140,000 in fixtures and displays and $
steposvetlana [31]

Answer:

4.88 years

other methods should be used because payback method does not account for the time value of money

Explanation:

6 0
3 years ago
Other questions:
  • Tower Corp. had the following stock outstanding and Retained Earnings at December 31, 2018: Common Stock (par $8; outstanding, 3
    14·1 answer
  • Oliver Brush Company sells standard hair brushes. The following information summarizes Oliver​'s operating activities for 2018
    6·1 answer
  • A list of all the accounts from the ledger with their ending balances is called a what?
    8·2 answers
  • Suppose that $1450 is deposited into an account paying simple interest of 8% annually. At the end of seven (7) years, the accoun
    6·1 answer
  • The journal entry to record the issuance of a stock dividend is which of the following?
    8·1 answer
  • Suppose the government is concerned about firms in the United States importing illegal caviar. As a result, the government incre
    5·1 answer
  • Revenues for United Parcel Service (UPS) come from the following business segments: 61 percent from U.S. package delivery operat
    10·1 answer
  • Tim’s credit card has an APR of 24 percent. What is the periodic rate for this credit card?
    10·1 answer
  • Barbara buys 100 shares of DEM at $35 a share and 200 shares of GOP at $40 a share. She buys on margin and the broker charges in
    15·1 answer
  • The __________ system is a free online service that allows employers to check the legal status of their employees.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!