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grandymaker [24]
3 years ago
8

Mia and Jack are two chocolate producers. Mia packs her chocolates in attractive boxes and charges slightly more than Jack does.

Despite her slightly higher prices, consumers are more attracted to Mia’s chocolates. What market structure does this situation represent? A. oligopoly B. monopolistic competition C. monopoly D. perfect competition
Business
1 answer:
Rama09 [41]3 years ago
6 0

The correct answer is B. Monopolistic competition

Explanation:

Monopolistic competition occurs when the producers of a product determine the price of it. Also, the products sold have differences, which means consumers do not consider one product can be substituted by another because the qualities, brand, appearance, etc. are different. This is the opposite of perfect competition, in which products are substitutes and price is determined by price and demand rather than producers.

Monopolistic competition occurs in the case presented because the chocolates sold by Jack are different from those sold by Mia, who uses attractive boxes. Also, due to this difference, Mia can set higher prices and still get more demand from consumers.

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The tax laws allow taxpayers to use which of the following methods for accounting for research and experimentation costs paid or
Anettt [7]

Answer:

b

Explanation:

Another definition:

It is the purchase price of an asset + the costs of operating the asset

4 0
3 years ago
name some differences between the requirements and responsibilities between volunteer,intern, and paid jobs
DIA [1.3K]

Answer:

The major difference between job shadowing and an internship is that you perform more duties as an intern than as a job shadow participant. Interns are hired for temporary positions, and they can be paid or unpaid. When you have. a job you are bing paid and normally have more responsibilities.

8 0
3 years ago
Suppose that the last dollar that Victoria receives as income brings her a marginal utility of 10 utils while the last dollar th
sammy [17]

Answer:

a, Redistribute income from Victoria to Fredrick.

Explanation:

Marginal Utility is defined as the "change in the utility from an increase in the consumption of that good or service." According to my research on marginal utility, I can say that based on the information provided within the question we should Redistribute income from Victoria to Fredrick in order to maximize the combined total utility.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
Honduras is a small economy in central america. it keeps a fixed exchange rate with the us. capital is perfectly mobile. you may
rosijanka [135]

Answer:

Given that Honduras is a small economy in Central America, and it keeps a fixed exchange rate with the US, and capital is perfectly mobile, but interest rates are three percent in the US and six percent in Honduras, the explanation of the difference in these interest rates are as follows:

Honduras has a higher interest rate, meaning that its sovereign bonds pay higher values than the American ones, as well as its banks also pay higher interests on their investments compared to American banks.

This is so for a double reason: on the one hand, because the Honduran economy is less reliable than the American economy, which is larger and therefore more solvent and capable of overcoming eventual crises, with which the risk of default is less.

On the other hand, the Honduran economy is more dependent on foreign investment, so it must offer higher interest rates to attract such investments.

5 0
3 years ago
Which do you think would be more effective for shaping long-term ethical behavior in an organization: a written code of ethics c
-Dominant- [34]

Explanation:

A code of ethics can be defined as a set of rules and guidelines that exist in an organization to regulate the behavior and actions of all employees.

Therefore, there is no way to guarantee that only a formal and written code of ethics is necessary for managers and employees to actually practice ethical behavior.

What will define whether the code of ethics is really implemented in the company is its conduct and positioning in the internal and external environment. There is a way for a company to be unethical and have a complete and not exercised code of ethics.

Therefore, for the organizational culture to be based on the values ​​set out in the code of ethics, it is necessary to have strong ethical leadership, as the leader is responsible for motivating and guiding the actions of employees based on their own example, then in the long term , it can be said that an ethical leadership would be more impactful for the formation of the shared values ​​that form the organizational culture.

7 0
3 years ago
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