Due to its ease of accommodating an increase in production, the representative firm in monopolistic competition typically has excess capacity over time.
<h3>What will happen if a monopolistic, rival business raises its price?</h3>
However, customers have the option to purchase a comparable product from another company if a monopolistic rival increases its price. When a dominant rival raises prices, it will not lose as many clients as a business operating in perfect competition, but it will lose more clients than a monopoly.
<h3>Why does monopolistic competition have excess capacity?</h3>
Natural monopolies or monopolistic competition both have excess capacity as a feature. It could take place as a result of businesses having to make lumpy or indivisible investments to boost capacity as demand rises.
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Answer: It supports price differentiation
Explanation:
Cost-plus pricing works by adding a standard margin to the cost of producing or acquiring a good. The margin will be the gross profit per unit.
This does not support price differentiation because it would lead to the same price being charged to all customers for the goods regardless of who the customers are, whereas price differentiation calls for different types of customers to be charged different prices.
Answer:
$100
Explanation:
A binding price ceiling will artificially set a maximum price for a product, but that doesn't mean that the supplier will be willing to supply goods at that price. Binding price ceilings result in shortages, since the quantity demanded increases, while the quantity demanded decreases. This results in a loss of economic benefit known as deadweight loss.
As seen in the attached graph, the deadweight loss is equal to the area beneath the demand curve and above the supply curve, to the left of the equilibrium price.
A new fund offer (NFO) is the first-time subscription offer for a new scheme launched by asset management companies (AMCs). A new fund offer is launched in the market to raise capital from the public in order to buy securities like shares, govt. bonds etc. from the market.
In economic accounting, an asset is any aid owned or managed by using a business or an economic entity. It is whatever (tangible or intangible) may be used to produce a fine monetary fee. Belongings represent the price of ownership that can be transformed into cash (even though coins itself is also considered an asset). The stability sheet of a firm records the financial price of the property owned by that firm. It covers money and other valuables belonging to a person or to an enterprise. Belongings may be grouped into two essential lessons: tangible property and intangible belongings. Tangible property includes numerous subclasses, consisting of modern-day property and fixed property. present-day assets encompass coins, stock, and accounts receivable, while constant assets consist of land, buildings, and gadget. Intangible belongings are non-bodily resources and rights that have value to the firm because they give the firm an advantage inside the market. Intangible belongings include goodwill, copyrights, emblems, patents, laptop applications, and economic property, consisting of economic investments, bonds, and shares.
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Answer:
The correct answer is letter "B": human resource manager.
Explanation:
Human Resource (HR) Managers are executives involved in all the processes of a company where it is needed to deal with employees and concerns. HR managers are the support of other businesses to implement strategies on how to administrate their labor force. HR managers are seen as the links between workers at all levels and high-rank executives.
