Could you possibly explain the question better bro?
Answer:
E. both industries represent price-making firms.
Explanation:
Monopolistic competition refers to an industry in which companies sell products or services that can be similar but they are not perfect substitutes which generates low entry barriers and they are price makers because they can influence prices given that there are not perfect substitutes for their product. According to this, the answer is that monopolistic competition is like monopoly in that both industries represent price-making firms because in a monopoly companies as in monopolistic competition, companies are able to influence the price of the product.
Answer:
Interest = $75.90
Principal = $347.64
Explanation:
First find the payment that is required per month. It will be an Annuity payment as the present value of the loan is given.
The loan is for 5 years compounded monthly so period is;
= 5 years * 12 months
= 60
Interest = 4/12
Present Value of Annuity= Payment * (1 - (1 + r) ^ -n)/r
23,000 = Payment * (1 - ( 1 + 4/12%) ^ -⁶⁰)/ 4/12%
23,000 = Payment * 54.304
Payment = 23,000/54.304
= $423.54
Interest Payment is;
= 4/12% * 23,000
= $75.90
Amount going towards Principal;
= 423.54 - 75.90
= $347.64
If British textiles become more fashionable in the United states, the U.S. demand for pounds curve would shift outwards.
As a result of British textiles becoming more fashionable in the United states, there would be an increase in the demand for British textiles. This would lead to an increase in the demand for pounds. As a result, the demand curve for pounds would shift outwards.
Please check the attached image for a graph showing the outward shift of the demand curve. To learn more, please check: brainly.com/question/14456267
Answer:
Market Posistioning
Explanation:
Market Positioning alludes to the capacity to impact consumer observation with respect to a brand or item in respect to contenders. The objective of market positioning is to set up the picture or personality of a brand or item so shoppers see it with a specific goal in mind.
Market repositioning is the point at which an organization changes its current image or item status in the commercial center. Repositioning is typically done due to declining execution or significant shifts in the environment.