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sergejj [24]
3 years ago
14

In the long run, a representative firm in a monopolistically competitive industry will end up multiple choice having an elastici

ty of demand that will be less than it was in the short run. having a larger number of competitors than it will in the short run. earning a normal profit, but not an economic profit. producing a level of output at which marginal cost and price are equal.
Business
1 answer:
Evgen [1.6K]3 years ago
6 0
In the long run, a representative firm in a monopolistically competitive industry will end up <span>earning a normal profit, but not an economic profit.

Monopolistic competition is imperfect competition where many producers sell products that differentiate from each other in ways like quality and branding. Because they differ in these ways, there are no perfect substitute for another producers product. 

</span>
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Which of the following is a difference between planning and control?
Jobisdone [24]

Answer:

Option c. Planning is looking ahead , whereas control is looking backward.

Explanation:

Planning require future forecasting and budgeting while control is to look back and see if things has been worked as per plan and what control is needed to achieve the plan.

3 0
3 years ago
Kirkland Theater sells season tickets for six events at a price of $90. In pricing the tickets, the planners assigned the leadof
masya89 [10]

Answer: $56088

Explanation:

To get the value for the theater's earned revenue after the first three events have been presented, we need to know the price per the remaining event and this will be:

= ($90 - $22) / 5

= $68/5

= $13.60

Therefore, the earned revenue after the first three events will then be:

= ($22 + $13.60 + $13.60) × 1140

= $49.20 × 1140

= $56088

Therefore, the earned revenue is $56088

5 0
3 years ago
Present value​ (with changing interest​ rates).
densk [106]

Answer:

present value = $12811.98

present value = $11428.17

present value = $9964.92

Explanation:

given data

injury settlement = ​$14,000

time = 3 year

opportunity cost = 3​%

opportunity cost = 7​%

opportunity cost = 12​%

solution

we will apply here Present value formula that is

present value = \frac{future\ value}{(1+r)^t} ..............................1

put here value of opportunity cost rate we get

present value = \frac{14000}{(1+0.03)^3}

present value = $12811.98

and

present value = \frac{14000}{(1+0.07)^3}

present value = $11428.17

and

present value = \frac{14000}{(1+0.12)^3}

present value = $9964.92

6 0
3 years ago
The time to research a potential employer is _____.
Alex787 [66]

Answer:

maybe after a first interview

6 0
3 years ago
Read 2 more answers
KO Marketing Company, a U.S. firm, signs a contract with Librador Corporacion, a Chilean firm, to give Librador the right to use
Sidana [21]

Answer:

i dont know

Explanation:

seriously i m not kiding

8 0
3 years ago
Read 2 more answers
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