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4 years ago

The downward-sloping demand curve of a monopolistic competitor Multiple Choice A. reflects product differentiation.

Business

1 answer:

True [87]4 years ago

8 0

Answer: The answer is A. Reflects product differentiation.

Explanation: In a monopolistic competition, companies offer products that are not equal. This product differentiation gives companies power in the market and causes each company to face a demand curve with a downward slope (if it raises the price of its product it will sell less and if it lowers it will sell more). Unlike a perfect competition market where companies face a horizontal demand curve.

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PRODUCT POSSIBILITIES QUESTION 20 point

Nina [5.8K]

The answer is all but D.
the company cannot produce a combination of x,y when the plot is outside the line

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3 years ago

Read 2 more answers

Using the information below for Singing Dolls, Inc., determine cost of goods manufactured for the year: Work in Process, January

slega [8]

Answer:

cost of goods manufactured= $64,700

Explanation:

Giving the following information:

Work in Process, January 1 $ 53,600

Work in Process, December 31 38,800

Total Factory overhead 7,300

Direct materials used 14,300

Direct labor used 28,300

<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 53,600 + 14,300 + 7,300 + 28,300 - 38,800

cost of goods manufactured= $64,700

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3 years ago

A property sells for $120,000. the mortgage is $90,000 and the lender charges 3 points on the loan. how much is paid for the dis

dimulka [17.4K]

The amount paid for the discount points is $2,700

What do 3 points on the loan mean?

The 3 points mean that the borrower needs to pay 3% of the loan amount in order to enjoy a lower interest on the mortgage loan, in other words, the amount paid for the discount points is 3% of the loan amount of $90,000

amount paid for the discount=points*loan amount

loan amount=$90,000(not $120,000 which is the property purchase price)

amount paid for the discount=3%*$90,000

amount paid for the discount=$2,700

Find out more about discount points on://brainly.com/question/26040338

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2 years ago

Brian holds a meeting with all the managers in the company to identify a strategy for business growth. He tells the managers tha

Pavel [41]

Answer:

Explanation:

market penetration means selling exiting products in existing market which is less risky then other methods of development. this is also called aggressive marketing.

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3 years ago

For over 10 years, Erudite, a publishing and educational company that produces college textbooks, has been selling its books onl

muminat

Answer:

disintermediation

Explanation:

Disintermediation refers to the practice of diminishing the use of intermediaries (middlemen) between consumers and producers in future transactions.

Erudite stopped selling its books through studysmart and set up its website to sell its books. This change in channel organization is called disintermediation.

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4 years ago