3 years ago

A firm in monopolistic competition tends to have more control over price when it is g

1 answer:

5 0

Answer:

A firm in monopolistic competition tends to have more control over price when it is able to differentiate their product from their competitors either through improved quality, packaging, etc.

You might be interested in

According to Markowitz and other proponents of modern portfolio theory, which of the following activities would not be expected

IgorLugansk [536]

Answer:

D. Engaging in active portfolio management to enhance returns

Explanation:

5 0

3 years ago

Another bank is also offering favorable terms, so Rahul decides to take a loan of $22,000 from this bank. He signs the loan cont

Wittaler [7]

Answer:

$22,897.74

Explanation:

Given:

Loan amount (P) = $22,000

rate (R) = 8% = 8/100=0.08/365 = 0.000219178082

Number of days(n) = 6 month = (6 x 365)/12 = 182.5

Total Amount = ?

$A = P(1+ I)^n\\A = 22,000(1+0.000219178082)^{182.5}\\=22,000(1.000219178082)^{182.5}\\=22,000(1.04080658)\\= 22,897.744$

Therefore, he have to pay $22,897.74 to the bank.

5 0

3 years ago

Askew Company uses a periodic inventory system. The June 30, 2021, year-end trial balance for Askew company contained the follow

Softa [21]

Answer:

$233,000

Explanation:

As we know that

Cost of goods sold = Beginning inventory + net purchase - ending inventory

where,

Beginning inventory = $32,000

Net purchase is

= Purchase - purchase discounts - purchase returns + freight in

= $240,000 - $6,000 - $10,000 + $17,000

= $241,000

And, the ending inventory is $40,000

So, the cost of goods sold is

= $32,000 + $241,000 - $40,000

= $233,000

We simply applied the above formula so that the cost of goods sold could come

7 0

3 years ago

(b)<br>Examine the common mistake that lead to a closure of a<br>business.

ale4655 [162]

Maybe a product didn’t work out, a bad review from a customer or client, health inspections didn’t pass etc..

8 0

3 years ago

Bella has a credit score of 720. Based on the graph, which description most likely explains her score?

pshichka [43]

Answer: The correct answer is that she pays her bills on time and does not have a lot of debt.

Explanation: A credit score of 720 is a good credit score, based on the graph. A good credit score means that you pay your bills on time and do not have too much debt.

4 0

3 years ago

Read 2 more answers