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stepan [7]
3 years ago
6

Even in a monopoly consumers can find substitute goods or services. True or false?

Business
2 answers:
Nitella [24]3 years ago
7 0

Answer:

true

Explanation:

even in a monopoly consumers can find substitute goods or services

saveliy_v [14]3 years ago
3 0

Answer:

True

Explanation:

Even in a monopoly consumers can find substitute goods or services.

Consumers are able to choose what they want to purchase.

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i made a bet with my friend that he couldnt swallow an egg full, hes laying on the ground now what do i do
drek231 [11]

Answer:

call the poison doctor or 911 or if you know cpr

Explanation:

7 0
2 years ago
Which type of business constituent has titles such as President and CEO?
Brums [2.3K]

Answer:       s corporations

Explanation:

hope this helps.         With an S corporation that has a single shareholder, he or she can be called the president, CEO, or another title. S corporations with more than one shareholder can issue titles at the time of formation.

6 0
3 years ago
Q 6.3: Mia received a credit card offer in the mail. The credit card has an annual percentage rate of 26%. What is the approxima
lbvjy [14]

Answer:

D : 2.17%.

Explanation:

The 26% is an APR(Annual Percentage Rate). This is a quoted rate that  a credit card company charges . It is also known as the  nominal rate.

Since the question is asking for a monthly rate, use the 26% and convert it into monthly rate. We have 12 months in a year; meaning, we will divide the nominal rate by 12;

Monthly rate = APR / n

APR = 26% or 0.26 as a decimal

n = compounding periods = 12

therefore, Monthly rate = 26% /12 = 2.17%

5 0
3 years ago
If the quantity of loanable funds demanded exceeds the quantity of loanable funds supplied______________.
Ivenika [448]

Answer:

d. there is a shortage and the interest rate is below the equilibrium level.

Explanation:

If the quantity of loanable funds demanded exceeds the quantity of loanable funds supplied, there is less money available for loans than the required, which characterizes a shortage. Higher interest rates decrease the demand while lower rates increase demand; if demand is higher than supply, the interest rate is lower than the equilibrium rate.

Therefore, there is a shortage and the interest rate is below the equilibrium level.

7 0
3 years ago
Country A prohibits trade with Country B due to political reasons. This is an example of _____. Country C restricts the number o
aleksandrvk [35]

The answer would be C. Embargo, a Quota

6 0
3 years ago
Read 2 more answers
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