1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Andreas93 [3]
3 years ago
14

Do consumers benefit in any way from monopolistic competition relative to perfect​ competition? compared to perfect​ competition

, when a consumer purchases a product from a monopolistically competitive​ firm, the consumer benefits from purchasing a product
a. without coercion from advertising.


b. that is more closely suited to their tastesis more closely suited to their tastes.


c. whose marginal benefit to that consumer equals its marginal cost of production.


d. that is not trademarkedthat is not trademarked.


e. whose price equals marginal costwhose price equals marginal cost.
Business
1 answer:
Vanyuwa [196]3 years ago
3 0

Answer:

B) that is more closely suited to their tastes

Explanation:

In a perfect competition market the products are all similar and homogeneous. Since all suppliers are price takers, they have to produce similar products in order to be able to compete.

In monopolistic competition markets the products offered are different on from another. The products are not homogeneous and sometimes cannot even be considered substitute products.

Therefore there is a chance that a consumer can find more suitable products or services that they like more than others. For example, restaurants are monopolistic competition but you can decide which restaurant you like the most.

You might be interested in
Since telecommuting has become more common, workers have needed to develop communications skills that _______.
Alexxx [7]

Correct Answer, D all of the above. Each answer is a positive source of communication for telecommuters.


7 0
3 years ago
Read 2 more answers
Oilers, Inc. refines and markets its energy products in different nations around the world. In addition, Oilers' stockholders an
enot [183]
I think it’s D or C but I’m not sure
4 0
3 years ago
When looking at the purchase of accounting software, things to avoid include
Elenna [48]

Answer:

4) C) software that requires a high annual subscription whether you want the updates or not

Explanation:

7 0
2 years ago
Part of the investigation process for government administrators includes taking notes about conversations and preparing research
iren [92.7K]

Answer:

B

Explanation:

YAN PO I HOPE IT HELPS PO PA BRAINLY NA LNG PO

6 0
2 years ago
Allen Boating Company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skil
jek_recluse [69]

Answer:

Direct material quantity (efficiency) variance= $60,500 unfavorable

Explanation:

Giving the following information:

Standards:

Direct​ materials: 1 pound per​ unit; $ 11 per pound

Allen produced 2,000 units during the quarter.

Direct material used= 7,500 pounds

To calculate the direct material efficiency variance, we need to use the following formula:

Direct material quantity (efficiency) variance= (standard quantity - actual quantity)*standard price

standard quantity= 2,000*1= 2,000 pounds

Direct material quantity (efficiency) variance= (2,000 - 7,500)*11

Direct material quantity (efficiency) variance= $60,500 unfavorable

It is unfavorable because the company used more materials that estimated to produce 2,000 units.

5 0
2 years ago
Other questions:
  • 1. Think about the phrase "a financially secure retirement." In two to three sentences, describe what a financially secure retir
    11·1 answer
  • Kylie has been practicing repeating phrases such as, "I know I don’t wear the latest fashions, but I am comfortable. Surely othe
    5·1 answer
  • The accelerating growth of a national market was due in large measure to the fact that the cost of ________ dropped by 95% betwe
    10·1 answer
  • Because it is possible for investigators to confuse the suspect and destination disks when performing imaging, and to preclude a
    6·1 answer
  • In a limited liability partnership (LLP)
    9·1 answer
  • Financial statements are the major means of communicating accounting information to interested parties. Group of answer choices
    13·1 answer
  • John sees that his company's quarterly sales and profits are significantly above projections and says, "That's great. Let's keep
    7·1 answer
  • Market-leader Frito-Lay sells so many snacks to U.S. stores that it operates the country's seventh-largest private fleet of truc
    15·1 answer
  • A budget is prepared as part of a(n) _____ plan.
    6·2 answers
  • DeConinck Soup Co. found that its canned nacho cheese sauce was too spicy for Americans in the East and not spicy enough for tho
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!