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Ne4ueva [31]
3 years ago
14

Compared to perfect competition, a monopoly will produce ________ output, and charge a ________ price. more; lower more; higher

less; higher less; lower
Business
1 answer:
Tanzania [10]3 years ago
8 0
<span>Compared to perfect competition, a monopoly will produce less output, and charge a higher price. 

A perfect competition is when a market has sellers all selling the same product and the market has no influence over the over pricing. The buyers and sellers do not control the price it is set at. A monopoly is when one company has full control and supply of a product and no one else sells it. </span>
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Your cousin is currently 14 years old. She will be going to college in 4 years. Your aunt and uncle would like to have $ 115 com
kumpel [21]

Answer:

they need to put into the account $99444.97

Explanation:

given data

age = 14 year

time period = 4  year

saving account  = $115000

fixed interest rate = 3.7% per​ year = 0.037

future value = $115000

solution

we get here present value that is express as

present value = \frac{future\ value }{(1+ rate)^t}     ..........................1

put here value and we get

present value = \frac{115000}{(1+ 0.037)^{4}}      

solve it we get  

present value = $99444.97

so they need to put into the account $99444.97

6 0
3 years ago
Which of the following statements is NOT true regarding​ forecasting? A. Forecasting may involve taking historical data and proj
laiz [17]

Answer: Forecasting is exclusively an objective prediction.

Explanation: In simple words, the process of predicting any future event by analyzing the past data is called the forecasting. The factors that an analyst takes from the past could be both qualitative and quantitative.

     The forecasting process is done for a specified period and not for infinity. In other words, it is the study of trends and predicting how these trends could change in the future.

Hence from the above we can conclude that the correct option is B.

6 0
3 years ago
In which one of the following instances is rivalry among competing sellers notmore intense?
dimaraw [331]

Answer: E.When there are so many industry rivals that the impact of any one company's actions is spread thinly across all industry members

Explanation:

The more the number of players in an industry the more it gets congested and especially for the competing sellers. The decision for increasing or reducing price is met by follower firms to do the same thing. It gets less competitive because you know all the players in the industry would be following the same practices and doing the same thing.

7 0
3 years ago
Suppose tickets for a regular seat at Super Bowl XXXVII cost just $500 when bought at face value (the cost at the box office). S
kakasveta [241]

Answer:

e. The monetary price paid to obtain the ticket.

Explanation:

The opportunity cost represent the best rejected alternative of the resources used.

If a person goes to the Super Bowl, the opportunity cost is any other entertainment show it renounce to see and any other use of the 500 dollar it used to acquire the ticket.

6 0
3 years ago
Which environment is not an important dimension of a business organization's external environment?
timofeeve [1]

Answer: d. the corporate culture envrionment

Explanation:

5 0
3 years ago
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