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Shtirlitz [24]
3 years ago
14

A monopolistically competitive firm chooses A. price, but output is determined by a cartel production quota.B. the price, but co

mpetition in the market determines the quantity.C. the quantity of output to produce and the price at which it will sell its output.D. the quantity of output to produce, but the market determines price.
Business
1 answer:
taurus [48]3 years ago
7 0

Answer:

The answer is C.

Explanation:

Monopolistic Competition is at the borderline of both perfect competition and monopoly i.e it shares both characteristics.

It is similar with monopoly in setting the price of its product because of product differentiation which is a key in monopolistic market.

It is also similar with perfect competition because it determines the output to produce. No restrictions. There are also large numbers of buyers and sellers. Its revenue depends on the volume of outputs it can produce.

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As you approach potential investors for you new business, it's important to present them with
damaskus [11]
The correct answer is A. A good, solid business plan.
4 0
3 years ago
During sales at her accessories store, Manila likes to display large signs in the store window to attract customers. She also pu
Bess [88]

Answer: The use of promotional signage

Explanation:

A promotional signage is a method of advertisement where special offers are displayed at strategic points by a business to the public to attract customers to patronize the business. Manila in her is making use of promotional signage to draw the attention of potential buyers to her store.

4 0
3 years ago
Read 2 more answers
Suppose that your bank pays you 15% annual interest that is compounded quarterly. What is the effective annual interest rate (ro
Nady [450]

The effective annual rate will be 15.87%.

Suppose that your bank pays you 15% annual interest that is compounded quarterly. What is the effective annual interest rate?

Annual Interest Rate= 〖(1+ r/n)〗^n -1

where:

r=Nominal interest rate

n=Number of periods

=〖(1+0.15/4)〗^4 – 1

= 1.15865 - 1

=0.15865

I = 0.15865 x 100

 = 15.865 %

 = 15.87%

What is meant by annual interest rate?

The interest rate that is applied throughout a year is referred to as the annual interest rate. Interest rates may be imposed monthly, quarterly, or biannually, among other time frames. However, interest rates are typically annualized.

Which is the definition of an effective annual rate?

The actual return on a deposit after accounting for the number of times interest is paid over the course of a year is known as the effective annual rate. Comparing deposits using the cumulative power of generating interest on interest serves as a benchmark.

Learn more about effective annual rate: brainly.com/question/17088238

#SPJ4

5 0
2 years ago
Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales of $22,000 and variable exp
Dmitrij [34]

Answer:

BEP $88,403.85

Explanation:

R10L22,000 - 10,060 = 11,940

X96N 35,000 - 17,000 = 17,700

57,000              29,640

Contribution Mix  total contribution / total sales

29,640/57,000 = 0.52

\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}

45,970/0.52 = $88,403.84

8 0
3 years ago
Why do electricians usually learn through an apprenticeship?
lutik1710 [3]

Answer:

A. It is necessary for job placement.

8 0
3 years ago
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