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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..

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According to the video, what qualities do Carpenters need to have? Select three options.
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Read 2 more answers
In 1895, the winner of a competition was paid $150. In 2006, the winner's prize was $70,000. What will the winner's prize be in
Jobisdone [24]

Answer:

the price will grow to $ 507,571.77 If it continues with the same grow rate

Explanation:

first we solve for the rate:

2006 - 1895 = 111 years

Nominal (1+r)^{n} = FV\\150 (1+r)^{111} = 70,000\\\\r = \sqrt[111]{70,000 / 150 } -1

r =  0.06  

Now we apply this rate for the year 2040:

2040 - 2006 = 34 years

Principal \: (1+ r)^{time} = Amount

Principal 70,000.00

time 34.00

rate 0.06000

70000 \: (1+ 0.06)^{34} = Amount

Amount 507,571.77

6 0
3 years ago
What is the maximum number of accounts allowed within the chart of accounts in QuickBooks Online Plus?
Olegator [25]

The maximum number of accounts allowed within the chart of accounts in QuickBooks Online Plus is: 250 chart.

<h3>What is chart of accounts in QuickBooks?</h3>

Chart of accounts in QuickBooks  can be defined as the account that are mostly use in tracking every financial statement or information.

The Chart of accounts in QuickBooks  should not be more than 250 chart of account based on the fact that if your  account is higher than 250 in your chart of account this can tend to lead to suspension of the subscription you made.

Therefore the maximum number of accounts allowed within the chart of accounts in QuickBooks Online Plus is: 250 chart.

Learn more about chart of accounts in QuickBooks here:brainly.com/question/14493199

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4 0
1 year ago
The beginning Cash account balance is $38,700. During the period, cash disbursements (outflows) totaled $144,600.
anzhelika [568]

Answer:

D. $157,100

Explanation:

                                                                                  Amount in $

Beginning Cash account balance                           38,700

Cash disbursement (outflows)                                 (144,600)

Cash inflows                                                           <u>     xxxx        </u>

Ending balance                                                      <u>     51,200     </u>

<u />

Cash inflows =  51,200 + 144,600 - 38,700

                      =  $157,100

The right option is D. $157,100.

7 0
3 years ago
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