1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Delicious77 [7]
3 years ago
12

How does the​ long-run equilibrium for a monopolistically competitive market differ from the​ long-run equilibrium for a perfect

ly competitive​ market? One way in which monopolistically competitive markets and perfectly competitive markets differ is that in​ long-run equilibrium, monopolistically competitive firms
Business
1 answer:
Valentin [98]3 years ago
3 0

Answer:

Following are the differences between monopolistically competetive market and perfectly competetive market.

Explanation:

Overall the profit ratio for the sellers is higher in monopolistically competitive market and low in a perfectively competitive market. In monopolistically competitive market, sellers charge a price higher than marginal cost, whereas, in a perfectly competitive market, the sellers charge a price equal to the marginal cost. In long-Run, the main difference between the competitive market and the monopolistic market is the excess capacity. It is the difference between the efficient level of output and profit-maximizing level of output.

You might be interested in
Equipment that cost $660,000 and has accumulated depreciation of $300,000 is exchanged for equipment with a fair value of $480,0
Dmitriy789 [7]

Answer

A. 48.000

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
8 0
3 years ago
If Marla's company changed its organizational structure from one based on country to one based on industry groups, it would best
kumpel [21]

Answer:

Here the Marla's company can be best described as C) border less organization.

Explanation:

Border less organization which is also commonly know as transnational corporation, is best used to describe a multinational organization, which has its head quarter in one country and various offices, facilities in multiple countries. Being this type of corporation helps a company in targeting larger customer base , utilizing national competences .

3 0
3 years ago
mark and shirley, married filing jointly with a modified adjusted gross income (magi) of $92,300, adopted their son, matthew in
kap26 [50]

Answer:

$14890 is the correct option because if any parent adopts a child in 2022  there is a federal adoption tax credit of up to $14,890 per child.

<h3>Claiming the Federal Adoption Tax Credit for 2022</h3>

A federal adoption tax credit of up to $14,890 per child is available for adoptions that are finalized in 2022. The adoption tax credit for 2022 is not transferable.

Parents who wish to receive the credit must:

have adopted a child who is not a stepchild - The child must be less than 18 or incapable of caring for themselves due to physical or mental impairment.

abide by the income restrictions - How much of the credit parents can claim depends on their income. Families earning less than $214,520 in modified adjusted gross income in 2022 are eligible for the full credit. People who earn between $223,410 and $263,410 can receive a partial credit; people who earn more than $263,410 cannot.

To know more about 'Adoption tax credit', visit :brainly.com/question/15410304

#SPJ4

6 0
2 years ago
Jason Thompson purchase an office building 10 years ago for $780,000. The building was just appraisal $1.25 million. What value
Kamila [148]

Answer:

No adjustment in records can be made until the asset is sold.

Explanation:

This is an example of cost concept. Assets are generally recorded at cost and remain on the accounting records at cost until they are disposed of. Future economic condition may change this appraised value, and therefore no adjustment in records can be made until the asset is sold.

8 0
3 years ago
The supply of aged cheddar cheese is inelastic, and the supply of bread is elastic. Both goods are considered to be normal goods
Kryger [21]

Answer:

D) a decrease in both the aged cheddar cheese and bread markets.

Explanation:

A 10% income tax increase will shift the aggregate demand curve to the left, reducing total demand. This should affect both necessities and luxury goods.

In this case, the demand curve for both aged cheddar cheese and bread will shift to the left, reducing the total quantity demanded at every price level. This will result in a lower equilibrium price for both goods.

3 0
4 years ago
Other questions:
  • Way Cool produces two different models of air conditioners. The company produces the mechanical systems in their components depa
    7·1 answer
  • Analyze the benefits and the problems posed by the four approaches to the implementation of resource management policies: contro
    5·1 answer
  • In October, Glazier Inc. reports 42,000 actual direct labor hours, and it incurs $194,000 of manufacturing overhead costs. Stand
    5·1 answer
  • What is the interest rate on a three-year investment with a future value of $1000 and a present value of $863.84?
    7·1 answer
  • For example, administrative expenses should be $3,700 per month plus $41 per course plus $7 per student. The company’s sales sho
    15·1 answer
  • During 2017, its first year of operations as a delivery service, Concord Corporation entered into the following transactions.
    6·1 answer
  • Suppose in the spot market 1 U.S. dollar equals 1.3750 Canadian dollars. 6-month Canadian securities have an annualized return o
    9·1 answer
  • West Street Automotive is considering adding state safety inspections to its service offerings. The equipment necessary to perfo
    9·1 answer
  • Over time, consumers have less of a need for a broad product offering. How does this shift in preferences alter the desirability
    10·1 answer
  • Plz help!!! ill mark brainliest hurryyyy
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!