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Paraphin [41]
3 years ago
8

For each of the following characteristics, say whether it describes a monopoly firm, a monopolistically competitive firm, both,

or neither.
Characteristic Monopoly Monopolistically Competitive

1. Faces a downward-sloping demand curve
2. Has marginal revenue less than price
3. Faces the entry of new firms selling similar products
4. Earns economic profit in the long run
5. Equates marginal revenue and marginal cost
6. Produces the socially efficient quantity of output
Business
1 answer:
In-s [12.5K]3 years ago
8 0
Answer 3........................
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Research indicates that __________ communication is more accurate and effective than _______ communication.
gregori [183]
The answer in the blanks are: one way communication; two way communication. It is because, the reason why one way communication is more accurate because the communication or message that is being sent to is only on a one direction, this makes it accurate and more effective to use because there are no discrepancies. The two way is less accurate and less effective than the one way communication because it does not contain a one direction in terms of communication but it involves transmit information with the parties.
7 0
3 years ago
A vertical analysis calculates percentages to compare the parts of an individual statement to the whole. For example, on an inco
vichka [17]

Answer:

1. True

Explanation:

Vertical analysis the the percentage calculation of each item of Income statement with Gross revenue. We calculate the percentage of Gross margin which is the percent of Gross income and gross sales. Just like this the COGS to sales, Net income margin, operating income margin and operating expenses to sales ratio are calculated in vertical analysis to check the sensitivity of each part of the income to the gross income.

Ye it is true that A vertical analysis calculates percentages to compare the parts of an individual statement to the whole. For example, on an income statement, each item could be shown as a percentage of net sales.

7 0
3 years ago
Mila is at a flea market. She has $50 in her wallet. She decides that she will spend $15 on jewelry, $20 on a pair of jeans, $5
tigry1 [53]

Answer: She will give up on the T-shirt and use the money to buy better jeans.

She will buy the T-shirt for $8 and not order juice at lunch.

Explanation:

A trade-off refers to the compromise which is made when an individual decides to take one action and give up on the other.

When Mila buy's the T-shirt for $8 and does not order juice at lunch, she is making a trade-off between buying a t-shirt and ordering a juice at lunch.

Similarly, when Mila decides to give-up on the T-shirt and decides to buy a better jeans she is making a trade-off between


6 0
3 years ago
Read 2 more answers
delivery truck at a cost of $31,000 on January 1, 2017. The truck is expected to have a salvage value of $4,000 at the end of it
ollegr [7]

Answer:

Annual depreciation for the first year = $15,500

Annual depreciation for the second year = $7,500

Explanation:

Data provided in the question;

Cost of the delivery truck = $31,000

Salvage value = $4,000

Useful life = 4 years

Now,

The Rate of depreciation under declining-balance = 2 × straight-line rate

= 2 × \frac{1}{4}

= 0.5

or

= 0.5 × 100% = 50%

Therefore,

Annual depreciation for the first year = cost of truck × Rate of depreciation

= $31,000 × 0.5

= $15,500

Annual depreciation for the second year

= Book value at the end of first year of truck × Rate of depreciation

= $15,500 × 0.5

= $7,500

5 0
3 years ago
When Amy states, "We feel that better aligning our talent strategy with our business strategy is going to be critical for our su
LUCKY_DIMON [66]

Answer:

planning

Explanation:

In this scenario it seems that Amy is demonstrating the planning part of the managerial functions. This part focuses on creating the plans and processes needed in order to be able to meet all of the company goals and objectives. In this scenario, by stating the actions that she thinks would better the company, she is letting everyone know her plan, therefore she is demonstrating the planning function.

4 0
3 years ago
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