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
jenyasd209 [6]
3 years ago
9

How do monopolistic market structures determine prices to charge for goods and services?

Business
1 answer:
neonofarm [45]3 years ago
8 0

Answer and Explanation:

In the monopolistic market structure,  there are many producers, sellers  and consumers due to which the business does not have total control over the price of the market. In this market structure,  there are barriers to entry and exit

As in this market structure, there are a various product that is differentiated that results in non-perfect elastic demand. Also, every firm has their own prices and products so the demand curve should be downward sloping

You might be interested in
The capital structure of Merritt Co. is 20% common equity and debt equal to 80%. The cost of common equity is 10% and the pretax
olchik [2.2K]

Answer:69

Explanation:

7 0
3 years ago
Someone who wants credentials in skilled training, but in less time than a four- year degree should consider...
Pavlova-9 [17]

Answer:

Career or technical education.

Explanation:

Someone who wants credentials in skilled training, but in less time than a four- year degree should consider Career or technical education.

A technical education course is solely based on providing skilled training which will help the student to learn the practicalities in a shorter period of time.

They are focused on a specific kind of skilled training which you can use in your career. Technical education is also known by the name of a diploma which can be completed in a period of 2 years or even in a period of months.

4 0
3 years ago
Glenda runs a flower delivery service with six people. Quite recently, the business has started suffering and there has been an
ankoles [38]
B. Employees can brainstorm to find causes and possible solutions
7 0
2 years ago
Read 2 more answers
Suppose a farmer in Georgia begins to grow peaches. He uses​ $1,000,000 in savings to purchase​ land, he rents equipment for ​$1
mina [271]

Answer:

-$475,000

Explanation:

Total revenue = Baskets of peaches × Price

                       = 100,000 × $3

                       = $300,000

Explicit cost:

= Rent equipment + wages

= $100,000 + $100,000

= $200,000

Implicit cost:

= Land × Interest + salesman earned

=  $1,000,000 × 0.55 + $25,000

= $575,000

Total cost = Explicit cost: + Implicit cost

                = $200,000 + $575,000

                = $775,000

Economic profit = Total revenue - Total cost

                           = $300,000 - $775,000

                           = -$475,000

8 0
3 years ago
5 elements of Design for Delight?​
Nikitich [7]
Answer: The 5 elements of Design for Delight are going to start out with Delighting people.
4 0
3 years ago
Other questions:
  • Cromwell enterprises is acquiring athens, inc. for $899,000. athens has agreed to accept annual payments of $210,000 at an inter
    7·1 answer
  • What describes the nature of cause and effect in the context of the business cycle?
    5·1 answer
  • Using the profitability index method, the present value of cash inflows for project flower is $88,000 and the present value of c
    12·1 answer
  • The term externalities refers to Select one: a. regulations imposed on a firm by government. b. a nation that is a trading partn
    14·1 answer
  • 1.How does inertia affect a person who is not wearing a seatbelt during a collision?
    15·2 answers
  • Expenses that support the overall operations of a business and include the expenses relating to accounting, human resource manag
    7·1 answer
  • If the number of people classified as unemployed is 50,000 and the number of people classified as employed is 250,000, what is t
    12·2 answers
  • What is management report<br><br>​
    9·1 answer
  • Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning in
    14·1 answer
  • What kind of profession is office assistant?​
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!