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tatiyna
3 years ago
7

Monopolistic competition is different from perfect competition because:

Business
2 answers:
Anni [7]3 years ago
8 0

Answer:

D. differentiated products

Explanation:

Monopolistic competition refers to a kind of imperfect competition where there are may producers that sells differentiated goods that are therefore not perfect substitutes.

Perfect competition is where there are many producers that sell homogeneous or identical goods that are perfect substitutes.

Therefore, monopolistic competition is different from perfect competition because of differentiated products.

tatiyna3 years ago
6 0

Answer:

D. differentiated products 

Explanation:

A perfect competition is characterised by many buyers and sellers of homogenous goods and services.

Buyers and sellers are price takers. Market price is set by forces of demand and supply.

A monopolistic competition is when there are many buyers and sellers of differentiated goods . Firms set the market price for their goods. The demand curve is downward sloping.

I hope my answer helps you

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Philippa is getting ready to start preparing the income statement for General Graders, a company that manufactures graders used
melamori03 [73]

The financial document that Philippa has already prepared is the cost of goods manufactured schedule.

<h3>What is a financial document?</h3>

It should be noted that a financial document simply means a document that's necessary in an organization to carry out transactions.

In this case, since Philippa is getting ready to start preparing the income statement for General Graders, the financial document that Philippa has already prepared is the cost of goods manufactured schedule.

Learn more about financial documents on:

brainly.com/question/2806276

5 0
2 years ago
Which of the following would be most likely to lead to increases in nominal interest rates?
olasank [31]

Answer:

c. A new technology such as the Internet has just been introduced, and it increases investment opportunities.

Explanation:

Nominal interest rate is the sum of real interest rate and expected inflation rate.

If expected inflation rate falls, the nominal interest rate also falls.

During a recession, people are more unwilling to borrow funds ,this pushes interest rate down.

If investment opportunities increases, the demand for funds would increase and nominal interest rate would increase too.

I hope my answer helps you

8 0
3 years ago
Acme is a manufacturer that makes seasonal products and insures its business personal property with a Business and Personal Prop
Arlecino [84]

Answer:

$399,000

Explanation:

We need to understand that deductible is a portion of a loss that is covered in the policy but must be paid by the insurance purchaser, these terms stated in the insurance contract.

Here, the actual value of the business personal property at the time of this report was $400,000. (Only the actual value is covered)

Deductible is = $1,000

Acme's insurer will pay an amount of $399,000 ($400,000 - $1,000) for the described loss.

6 0
3 years ago
Beranek Corp has $720,000 of assets, and it uses no debt--it is financed only with common equity. The new CFO wants to employ en
Andrej [43]

Answer:

Beranek Corp. should borrow $288,000 to achieve the target debt ratio.

Explanation:

40% of debt-to-asset ratio means that 40% of the assets should be Financed with debt and the remaining with equity. We have $720,000 worth of assets, simply multiply it with 40% and you will get the amount the needs to be borrowed.

If you have any queries about double entries of all this scenario, do leave a comment, I'll be pleased to help you.

Thank you!

4 0
3 years ago
Assume a contract for the sale of goods specifies that payment is to be made four months after delivery of a product. The seller
tatuchka [14]

Answer:

correct option is D) Recognize interest revenue.

Explanation:

  • Interest income is the income that a company receives from any investment or on its own debt and every penny taken on a logistic investment or loan is believed to pay some interest. Items sent to the buyer usually become debt that needs to be added without wires.
  • so due to the position in the contract that the payment will be made four months later, the concept of time value of money is the basis of the interest income formula.
  • Time value of money is a basic economic concept that involves the present money rather than the future money. This is true because the money you have at the moment can be invested and earned so that you can make a large amount of money in the future.
  • If a party is asked to forfeit the time value of money in a business transaction, it must be compensated, hence the interest revenue.
4 0
4 years ago
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