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
Gre4nikov [31]
3 years ago
5

A firm in monopolistic competition tends to have more control over price when it is Group of answer choices more successful at d

ifferentiating its product. less successful at differentiating its product. able to tie in the selling of its products. able to use predatory pricing.
Business
1 answer:
Dafna1 [17]3 years ago
7 0

Answer:

Answer A

Explanation:

Monopolistic competition is a market structure that is in the middle of monopoly and competitive market. All the firms in monopolistic competition have a low degree of market power and take prices as they are. Therefore, these firms advertise heavily as in the long run demand for their products is highly elastic, sensitive to price changes and in the short run economic profit is positive but gravitates towards zero in the long run. Any source of advantage in comparison to the competition can therefore be higher product differentiation.

You might be interested in
Katrina's fury has $697,400 in sales. the profit margin is 3.4 percent and the firm has 12,500 shares of stock outstanding. the
Alexus [3.1K]
<span>what is the price-earnings ratio</span> is 17.1

3 0
4 years ago
Two weeks ago Acme Electronics announced that it had developed a new chip design which was being considered by major companies f
astraxan [27]

Answer: delayed reaction.

Explanation:

The scenario depicted in the question is an example of a delayed reaction. Before the announcement was made that a new chip design had been developed, Acme common stock closed at $20 but since the announcement was made, there has been an increase in the closing price of the stock .

This shows that the information flow had an effect on the price of the stock and this led to the delay in market reaction. Therefore, this is referred to as a delayed reaction.

7 0
3 years ago
4.The inflation rate in the U.S. is 3%, while the inflation rate in Japan is 1.5%. The current exchange rate is $1 equal to 105
Nana76 [90]

Answer:

103.4709          

Explanation:

The computation is shown below:

Given that

U.S inflation rate = 3%

Japan inflation rate = 1.5%

Current exchange rate = 105

Now the new exchange rate for the yen is

= Current exchange rate × (1 + Japan inflation rate) ÷ (1 + U.S inflation rate)

= 105 × (1 + 1.5%) ÷ (1 + 3%)

= 105 × (1.015 ÷ 1.03)

= 105 × 0.985436893

= 103.4709          

5 0
3 years ago
A year of unusually good rainfall has made it cheaper to irrigate farmlands. However, a popular new diet has persuaded some cons
Ira Lisetskai [31]

Answer:

1)Price has decreased and the effect on quantity cannot be determined

Explanation:

As of good rainfall there is a rise in supply of canola that means the shifting o feh supply curve could be right  also the demanded for the vegetable oil would decline that means the demand is falling so the demand curve would shift to the left

Therefore, the equilibrium would fall but it is unable to figure out whether the quantity would rise or not without considering the elasticities of the demand and the supply curve

Hence, the correct option is 1

3 0
3 years ago
Bank customers should reconcile their records frequently with ________ to prevent their checks from ________.
maxonik [38]
Bank customers should reconcile their records frequently with bank statements to prevent their checks from bouncing. They should frequently check the record of their balance in the account and the transactions being made to make sure that th checks they issue will still be valid.
3 0
3 years ago
Other questions:
  • How should the davises react to adidas' planned acquisition of reebok? what aspects of new balance's operations strategy should
    7·1 answer
  • If you write a check on a bank to purchase a used Honda Civic, you are using money primarily as
    5·1 answer
  • Carmelita Inc., has the following information available: COST FROM BEGINNING INVENTORY direct materials $2,500 Conversion cost $
    14·1 answer
  • Please help and thank you
    12·1 answer
  • What is the most difficult unit of the 1040EZ tax form to fill out? Why?
    13·1 answer
  • Net exports might be a negative amount if Americans
    6·1 answer
  • Consumer surplus is: the difference between the price of a product and consumers' valuation of the last unit of the product purc
    12·1 answer
  • A firm wants to create a WACC of 11.2 percent. The firm's cost of equity is 16.8 percent and its pretax cost of debt is 8.7 perc
    14·1 answer
  • Zenith Consulting Co. has the following accounts in its ledger: Cash; Accounts Receivable; Supplies; Office Equipment; Accounts
    12·1 answer
  • Differentiate between manufacturer and Cunsumer​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!