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Marizza181 [45]
3 years ago
14

The traditional view of monopolistic competition holds that this type of industrial structure is inefficient because a. more adv

ertising is needed to inform customers about product differences. b. consumers do not have enough choice among the product varieties available. c. firms do not operate at the output that minimizes average costs. d. there are too few firms to reach an efficient level of production.
Business
1 answer:
Elodia [21]3 years ago
5 0

Answer:

c. firms do not operate at the output that minimizes average costs.

Explanation:

Monopolistic competition is when suppliers sell products that are similar but not equal and they are not perfect substitutes. This type of market is inneficient because companies operate at a profit maximizing output that is less than the output where they have the minimum average cost. According to this, the answer is that the traditional view of monopolistic competition holds that this type of industrial structure is inefficient because firms do not operate at the output that minimizes average costs as they work with excess capacity with an output in which they can maximize their profit.

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What are three ways that can ensure your message is clear and not misnunderstood?
N76 [4]
Your communication style matches theirs

ask them what they heard. how they might explain it to others

keep your message on one subject. don't confuse the subject with multiple ideas
4 0
3 years ago
Carol has worked for Centrum Springs, Inc., for many years and has now been given the opportunity to advance in the company. Her
levacccp [35]

Answer:

controlling, organizing, planning, and leading

Explanation:

From the question we are informed that Carol's manager is retiring and she will take over. And she will take over management position. Carol needs to have a general understanding of what it takes to be a manager. Therefore in this case, She will need to have knowledge about ✓controlling

✓organizing

✓planning

✓ leading

And all of these are managerial function which are managerial job role as regards to task-based perspective.

Organizing can be regarded as function of management which requires development of organizational structure as well as allocation of human resources so that objective of organization can be met

Planning which requires the manager to create plans so that goals and objectives can be achieved. It involves

delegation of responsibilities, allocation of employee resources

7 0
3 years ago
After a firm has determined its position in the global market, it will typically seek to meet the needs of global markets by ___
elixir [45]

After a firm has determined its position in the global market, it will typically seek to meet the needs of global markets by tailoring its marketing mix to the needs of consumers in individual markets.

<h3>What is global market?</h3>

Global market involves planning, producing, placing, and promoting a business' products or services in the worldwide market.

It is not limited to specific geographic locations but rather involves the exchange of good, services, and labor anywhere.

Examples of global markets are :

  • Fast-moving consumer goods
  • Clothing
  • Automobiles
  • Banking,
  • Fast food companies

Hence, a firm will typically seek to meet the needs of global markets by tailoring its marketing mix to the needs of consumers in individual markets.

Learn more about global market here : brainly.com/question/20860719

6 0
2 years ago
All of the following statements are true with regard to qualifying business losses EXCEPT: The loss will reduce any other curren
avanturin [10]

All of the following statements are true with regard to qualifying business losses EXCEPT: Qualifying losses from 2017 were carried forward to the taxpayer's 2018 tax return.

Explanation:

The loss would reduce any other eligible income of the applicant for the current year. An investor shall recover the QBI from various trades or businesses, including damages.

Upon deduction of all qualified company gains for the current year, the excess of the income shall be rolled forward to the next tax year. The unfavorable balance shall be shifted into the next fiscal year.

If the loss was incurred after 2018, the excluded or lost element is included in QBI and would otherwise be included in QBI, but is included in taxable income not until the year.

4 0
3 years ago
According to the balanced budget multiplier, an increase in government spending of $10,000 that is financed by an increase of $1
tia_tia [17]

Answer:

D) Income will increase by $10,000.

Explanation:

The balanced budget multiplier measures the change in aggregate output when government spending increases by increasing taxes. The formula for determining the balanced budget multiplier is by adding government expenditures multiplier and the tax multiplier. The balanced budget multiplier is always equal to one, therefore the net change in aggregate production (income) is equal to the increase in government spending.

6 0
4 years ago
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