Answer:
D. they will be unable to earn higher-than-normal profits in the long run.
Explanation: A monopolistic competition is a form of imperfect Competition where many firms that are located within a give market are known to offer similar products to the markets that are not enough to qualify them as a perfect close Substitute (the Purchase of one of the close Substitute does not necessarily prevent the purchase of another). in this type of imperfect Competition the possibility of a barrier to entry or exit is generally low.
1) Many firms
2) Few artificial barriers to entry
3) Slight control over price
4)Differentiated products
Answer:
The correct answer is true.
Explanation:
A stock price is the current market price of the stock. It does not represent the intrinsic value of the stock. The intrinsic value of a stock depends on the return it will provide.
The return or cash flow generated from the stock includes two components the dividend received on the stock and the price received after selling the stock.
The market price of the stock does not represent these values directly and thus these values need to be estimated. There are a number of valuation methods to find the future value of a stock.
Answer:
Sunk cost
Explanation:
The sunk cost is the cost already incurred that will not be recovered in the future. Plus, it's also called past expenses.
This expense is not considered at the time when the decisions are taking and it should be neglected as it is not relevant at the time of the decision-making process
In the given scenario since the amount already spent for a movie ticket and for popcorn and we know that we cannot recover now so it would be termed as a sunk cost
The answer to your question is D
