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Trava [24]
3 years ago
12

Given the characteristics: (1) many buyers and sellers, (2) free entry and exit, (3) perfect information, and (4) heterogeneity

of products, monopolistic competition and perfect competition share
Business
1 answer:
frez [133]3 years ago
7 0

Answer:

1) many buyers and sellers, (2) free entry and exit

Explanation:

A monopolistic competition is when there are many buyers and sellers of heterogeneous goods and services. There are free entry of firms into and out of the industry. Firms set the price for their products. Buyers and sellers do not have perfect information. In the long run, monopolistic competition make zero economic profit.

A pure competition is characterised by many buyers and sellers of homogenous goods and services. Buyers and sellers have perfect information. There are no barriers to entry or exit of firms in the industry. Market price is set by the market forces. Firms make zero economic profit in the long run.

I hope my answer helps you

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Explain why two employees at a company, earning the same gross pay, might have different net pays
chubhunter [2.5K]
One employee may have more deductions than the other employee, such as a larger number of dependents, or may be choosing to pay more of her paycheck into Social Security. 
6 0
3 years ago
Suppose that all 75 employees of a company received a raise of $150 per month? How would this affect the mean salary of all empl
Svetlanka [38]

Answer:

Mean Salary of all employees will be increase by $150.

Explanation:

$150 raise of all 75 employees will be averaged and result in the $150 increase in the mean of all employees salary.

Suppose:

The Sum of all Employees salary = $1,500,000

The Mean of all Employees salary = $100,000 / 75

The Mean of all Employees salary = $20,000

The Sum of all Employees salary after raise = $1,500,000 + ( 75 x 150 )

The Sum of all Employees salary after raise = $1,511,250

The Mean of all Employees salary after raise = $1,511,250 / 75

The Mean of all Employees salary after raise = $20,150

Hence Proved that Mean Salary of all employees will be increase by $150.

7 0
3 years ago
( By the way, this is a question related to financial accounting.) International Investment Group is looking to invest $95,000 i
Over [174]

Answer:

The correct option is;

The company's Financial Books

Explanation:

In order to effectively and clearly let interested parties access pertinent information about a company, financial books are kept which show the companies economic performance and its position related to financing. Information about a company can be located in financial statements including shareholders equity, cash flow statements, income statements and balance sheets.

7 0
3 years ago
Bundles of cedar shakes produced and sold 360,000 Sales revenue $ 2,412,000 Variable manufacturing expense $ 1,170,000 Fixed man
konstantin123 [22]

Answer:

0.343

Explanation:

Calculation for what The company's contribution margin ratio is closest to

First step is to calculate the Contribution margin using this formula

Contribution margin = Sales – Variable expenses

Let plug in the formula

Contribution margin= $2,412,000 – ($1,170,000 + $414,000)

Contribution margin= $2,412,000 – $1,584,000

Contribution margin= $828,000

Now let calculate the Contribution margin ratio using this formula

Contribution margin ratio = Contribution margin ÷ Sales

Let plug in the formula

Contribution margin ratio = $828,000 ÷ $2,412,000

Contribution margin ratio =0.343

Therefore The company's contribution margin ratio is closest to 0.343

4 0
2 years ago
Prior to closing, a final walkthrough of the property should be performed to ensure that everything has remained as stated in th
Galina-37 [17]

Answer:

D. Buyer

Explanation:

The buyer is the one who is interested in purchasing the property and becoming the new owner. A walkthrough which involves inspecting the property and making sure everything has remained stated and is in order is done by the buyer who is interested in owning the property. A buyer can always demand for a walkthrough. The walk through gives the buyer time to inspect the property before closing.

8 0
3 years ago
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