Answer: The correct answer is "d. equal to average cost, including the opportunity cost of capital.".
Explanation: In the long run the prices charged by a firm in monopolistic competition will be equal to average cost, including the opportunity cost of capital.
In long-term monopolistic competition, the demand curve will be tangent to the average long-term cost and the price set at this level. The benefits will be equal to zero and therefore there will be no entry or exit of companies.
Answer:
total debt ratio = 0.3532
Explanation:
given data
total assets = $485,390
net fixed assets = $250,000
current liabilities = $23,456
long-term liabilities = $148,000
to find out
total debt ratio
solution
we get here total debt ratio that is express as
total debt ratio = ( current liabilities + long-term liabilities ) ÷ total assets ........1
put here value we get
total debt ratio = 
total debt ratio = 0.3532
<span>General motors targets several different market segments and designs separate automobile makes and models for each. This is an example of <u>differentiated marketing.
</u><u />Instead of focusing on one single target market, this company focuses on multiple segments and types of markets and creates different products for each of them. This, they are improving their profits and taking into consideration their consumers' needs and what they want in their products.<u>
</u></span>
Answer: product specifications
Explanation: In simple words, product specifications refers to the criteria which is used to decide the products that one should use. It directs the specifications that are required to choose a product among other alternatives.
Thus, from the above we can conclude that the correct answer is product specification.
Answer:
B. the area bounded by the demand curve for X and the two axes
Explanation:
