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velikii [3]
3 years ago
13

As a result of increased competition​ (higher number of firms n​) in a monopolistically competitive​ industry, A. low minus cost

firms thrive and increase their profits and market shareslow−cost firms thrive and increase their profits and market shares. B. low minus cost firms contract and the lowest minus cost firms exitlow−cost firms contract and the lowest−cost firms exit. C. the vertical intercept of the individual demand curve increasesthe vertical intercept of the individual demand curve increases. D. overall productivity in the industry decreasesoverall productivity in the industry decreases.
Business
1 answer:
erastova [34]3 years ago
5 0

Answer: D, overall productivity in the industry decreases.

Explanation: a producer can gain less market share from a given price cut.

Increased in competition means there are more firms and this will not effect consumers decisions.

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Flagstaff Company has budgeted production units of 8,500 for July and 8,700 for August. The direct materials requirement per uni
baherus [9]

Answer:

17,080 ounces.

Explanation:

Given that,

Budgeted production = 8,500

Raw material required per unit = 2 ounces

Opening inventory  = 3,400

Direct material to be purchased:

= (Budgeted production × Raw material required per unit) + Closing inventory - Opening inventory

= (8,500 × 2 ounces) + (20% × 8,700 × 2) - 3,400

= 17,000 + 3,480 - 3,400

= 17,080 ounces.

5 0
3 years ago
What might be reasons that small-company stocks earn higher returns than large-company stocks on average?
Maslowich

Answer:

small company stocks are less safe and liquid and is more exposed to inflation  

Explanation:

From the period of 1926 to 2010, the small company stock had the highest average return of securities as compared to the company stocks of large company. Some of the reasons for the highest return on average of a small company stock than the small company stock are :

1. The small company stocks are less safe.

2. The small company stocks are less liquid.

3.They are more exposed to the inflation.

3 0
3 years ago
How can the greatest good principle lead to ethical decisions
aivan3 [116]

Answer: Hello There!.................

It causes you to put yourself in the other person's shoes and gives you a new perspective. Contrast honest or dishonest with legal or illegal business practices. ... It keeps people from doing things that may be ethical to them but unethical to everyone else.

Explanation:

Mark me brainest please. Hope this helps. Anna ♥

6 0
3 years ago
A firm is deciding between two different sewing machines. Technology A has fixed costs of $500 and marginal costs of $50 whereas
Alexandra [31]

Answer:

A. 50 units

Explanation:

Break even point (units) = Fixed cost / (Selling price - Variable cost)

= $ 500 / ($ 60 - $ 50)

= $ 500/$10

= 50 units

The break-even point is derived by dividing the fixed costs of production by the price per unit - the variable costs of production. Break-even point is the level of production at which the costs of production equal the Income for the particular product

4 0
3 years ago
The following information is from the Income Statement of the Swifty Laundry Service:
marta [7]

Answer:

Debit to income summary account $2,620

Explanation:

With regards to the above, the journal entry close to expense account is seen below;

Income summary account Dr $2,620

To salaries and wages expenses

$1,810

To advertising expense

$370

To rent expense

$220

To supplies expense

$150

To insurance expense

$70

(Being expense accounts that are closed)

6 0
3 years ago
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