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wlad13 [49]
4 years ago
14

How is price and output determined undr monopolistic competition?​

Business
1 answer:
konstantin123 [22]4 years ago
7 0

Monopolistic competition refers to a type of economy where there is only one organization in the market. Therefore, the influence of competitors is non-existent and the consumer has little influence over price or output.

In this case, price and output are determined by the firm's equilibrium price and output, not the market.

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Stephanie Roe utilizes the direct write-off method of accounting for uncollectible receivables. On September 15, she is notified
Iteru [2.4K]

Answer:

Dr Bad Debts $4,970

Cr Accounts Receivables $4,970

Explanation:

The bad debts are confirmed and once it is confirmed it is written off by decreasing the accounts receivables by the amount as the amount is not now receivable and increase the bad debt expense because this is cost to the company. The bad debts confirmed are accounted for as under:

Dr Bad Debts $4,970

Cr Accounts Receivables $4,970

5 0
3 years ago
A logistics manager ordering parts wants to choose a mode of transportation
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Answer:

ships

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7 0
4 years ago
As consumers, we have to make decisions because ?
Leno4ka [110]

Answer: As consumers, we have to make decisions because our wants are <em><u>unlimited but our resources are limited</u></em>. Since you have two of the same choices, I am assuming there is a typo and this is the choice that should be there.

Explanation:

As a consumer, there is so much that can be bought but financially most people can't afford everything. When buying an item, it is up the consumer to determine if they can afford the item or go without it. Sometimes, we buy the item even though we can't afford it and then regret the purchase. To satisfy a persons wants, a budget must be in place to be able to save money to purchase items.

4 0
3 years ago
How can you reach the best version of yourself?
forsale [732]

Answer:

A and B

Explanation:

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4 0
3 years ago
Read 2 more answers
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Cloud [144]

Answer:

Check the explanation

Explanation:

1. Record the journals as shone, below:

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                 (To record the expense incurred

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2017   Research and development expense    800,000  `             `                            Software and development costs      400.000

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                         (To record the sc&ware

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kindly check the answer to the second question in the attached image below

6 0
4 years ago
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