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]
4 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]4 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
Which one of the following bond values will change when interest rates change?The expected cash flowsThe present valueThe coupon
ZanzabumX [31]

Answer:

The present value of the bond.

Explanation:

The present value of a bond will change when interest rate changes. The present value is the price at which you will buy the bond. Interest rate is also known as the yield to maturity (YTM). This interest rate has an inverse relationship with the price; meaning, if YTM increases, the price of the bond will decrease and vice versa.

Expected cashflows are the recurring coupon payments which are usually fixed amount in the case of a coupon paying bond. For this reason, they do not change with changes in interest rate.

The maturity value also known as the Face value or Par value is fixed and does not change with changes in interest rate.

5 0
4 years ago
Suppose gold​ (G) and silver​ (S) are substitutes for each other because both serve as hedges against inflation. Suppose also th
maksim [4K]

Answer:

a) Gold = $1,380; Silver = $1,020

b) Gold = $1,300; Silver = $980

Explanation:

a) At first, with Qg = 60 and Qs = 270, the equilibrium prices for gold and silver are found by solving the following linear system:

P_g = 930-60 +0.50 P_s\\P_s = 600 - 270 + 0.50P_g\\\\-P_s=1740 -2P_g\\P_s = 330+ 0.50P_g\\P_g = 1,380\\P_s = 1,020

Equilibrium price of gold is $1,380 and the price of silver is $1,020.

b) If the supply of gold increases to 120, since the goods are substitutes, there will be an increase in overall supply and the equilibrium price of gold and silver will decrease as follows:

P_g = 930-120 +0.50 P_s\\P_s = 600 - 270 + 0.50P_g\\\\-P_s=1620 -2P_g\\P_s = 330+ 0.50P_g\\P_g = 1,300\\P_s = 980

Equilibrium price of gold is $1,300 and the price of silver is $980.

8 0
3 years ago
ForCo, a foreign corporation not engaged in a U.S. trade or business, recognizes a $3 million gain from the sale of land located
djyliett [7]

Answer:

Correct answer is option c. $3 million.

Explanation:

Step 1. Given information.

  • 3 million gain
  • 50 million sales

Step 2. Formulas needed to solve the exercise.

The withholding amount on the part of the purchaser of this land = Total consideration value * 6%

Step 3. Calculation.

= $50 million *6%

= $3 million

Step 4. Solution.

Therefore correct answer is option c. $3 million.

8 0
3 years ago
A new business has been formed and anticipates raising equity investment from more than 100 individual investors, none of whom a
KatRina [158]

Answer:

The correct answer is letter "D": Limited liability company.

Explanation:

Limited Liability Companies or LLCs are entities where the owners are not personally liable for the debt of the company. Owners are taxed on the company's profits when they receive them only and they are not subject to file an individual tax return for it.  

In case the company decides to become public, several standards must be met according to the <em>Securities and Exchange Commission</em> (SEC) for the firm to issue shares of stock or another type of investment vehicle.

5 0
3 years ago
A vacant lot acquired for $115,000 is sold for $298,000 in cash. What is the effect of the sale on the total amount of the selle
iVinArrow [24]

Explanation:

Since it is given that

Acquiring value of an vacant lot = $115,000

Sale value of the vacant lot in cash = $298,000

Since the sale value is more than the acquiring value which reflects the increment in the asset for $183,000 due to which the profit is also increased for $183,000 i.e retained earnings

Now the effect is shown below:

1. Assets = Increase = $183,000

2. Liabilities = No change = $0

3. Stockholder equity = Increased = $183,000

6 0
4 years ago
Other questions:
  • Will give brainliest
    15·2 answers
  • Schumpeterian growth focuses on:______. a. capital formation (i.e., more physical capital) as central to economic growth.b. argu
    12·1 answer
  • The type of workplace violence in which the perpetrator has no legitimate relationship to the business or its employees and is u
    9·1 answer
  • A company borrowed $40,300 cash from the bank and signed a 3-year note at 10% annual interest. The present value of an annuity f
    6·1 answer
  • 5. A firm currently produces its desired level of output. Its marginal product of labor is 400, its marginal product of capital
    7·1 answer
  • What is the relationship between the price level and the following components of aggregate demand. a. There is relationship betw
    15·1 answer
  • Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,640 pounds of materi
    14·1 answer
  • A firm which prepares its financial statements according to U.S. GAAP and uses a periodic inventory system had the following tra
    15·1 answer
  • Unlike non-marketing-controlled information sources, marketing-controlled information sources _______.
    11·1 answer
  • Assume the annual interest rate is 6%. Calculate the value of an investment that pays $100 every two years, starting two years f
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!