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3 years ago

"In a market characterized by monopolistic competition, how will new firms choose to engage this market

Business

1 answer:

Julli [10]3 years ago

5 0

Answer:

New firms entering into a market characterized by monopolistic competition must differentiate their products from the competition by establishing their own brands.

Explanation:

There are four main characteristics of a monopolistic competitive market. They are large numbers of buyers and sellers; perfect information; low entry and exit barriers; and similar but differentiated goods. Monopolistic competition is a market structure where the firms offer similar but branded products which differentiate one firm's product from the other. This implies that there is competition but because of the presence of brands, firms cannot compete directly with one another.

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Why do economists think in terms of costs and benefits

Anna35 [415]

Answer:

Cost benefit analysis is usually preferred by economists, due to several reasons.

Explanation:

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2 years ago

According to the circular flow model of the market system, when resource-owners' money income is rising, then the costs to busin

mojhsa [17]

Answer:

(B) False

Explanation:

In the circular flow, the raw material that is basic resource provider gets to increase his income which means that his profit margin is high thus sales value is high and therefore, the result will be higher cost for the producers using such resources.

Since the cost to producers is revenue to resource owner's, this means high revenue to owner's and high cost to producers.

Thus, above stated statement is

(B) False

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3 years ago

A pension plan helps pay for ______.

GrogVix [38]

C retirement benefits. This is why retirees are sometimes called "pensioners"

4 0

4 years ago

Read 2 more answers

Both normal and special cause variation add to project cost and need to be considered by project managers

Paha777 [63]

Answer:

True

Explanation:

Variations in both common and special circumstances contribute to project costs and need to be weighed by project managers when they want to work more often.

Variability, is the degree to which data deviate differ from the estimated value in a probability distribution or data set, and the extent to which those data points differ from one another.
This is most commonly attributed in financial terms to the volatility of the returns on investment.

therefore the answer is true for the following.

4 0

4 years ago

The Macaulay convexity of a single cash flow is 64 at an annual effective interest rate of 10%. Calculate the modified duration

garri49 [273]

Answer:

A 7.3

Explanation:

Macaulay Convexity = 64, as about a single cash flow

Since it is a single cash flows, convexity is square the Macaulay duration of the bond.

Convexity = √Macaulay duration.

So, Macaulay duration = Convexity^(1/2)

Macaulay duration = Convexity^(0.5)

Macaulay duration = 64^0.5

Macaulay duration = 8

So, the Macaulay duration = 8 years

Now, Modified duration = Macaulay duration/(1+yield)

Modified duration = 8/(1+0.1)

Modified duration = 8/1.1

Modified duration = 7.27273

Modified duration = 7.3 years

5 0

3 years ago