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Sati [7]
3 years ago
10

Suppose some firms exit an industry characterized by monopolistic competition. We would expect the demand curve of a firm alread

y in the industry to
a. shift to the left.
b. shift to the right.
c. become less elastic.
d. remain the same since entering firms serve other customers in the market.
Business
1 answer:
Anastaziya [24]3 years ago
4 0

Answer:

b. shift to the right.

Explanation:

A monopolistic competition is when there are many sellers of differentiated goods and services in an industry. Firms set the market price for their goods and services.

If firms leave the industry, the number of firms available to cater to consumers needs have reduced while the amount of consumers remain the same. Customers of the firms that exited the industry begin to patronize firms that are still in the industry. This leads to an increase in demand for existing firms and their demand curve shifts to the right.

I hope my answer helps you

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Arded
MArishka [77]

The total amount of the costs listed above that are NOT direct costs of the Brentwood Stores equals to $157,000.

<h3>What are direct cost?</h3>

This refers to the price that can be directly tied to the production of specific goods or services.

The non- direct costs of the Brentwood Store includes:

  • Corporate legal office salaries
  • Corporate headquarters building lease
  • Central warehouse lease cost

Hence, the Costs that are not direct costs of the Brentwood Store = Corporate legal office salaries + Corporate headquarters building lease + Central warehouse lease cost

= $68,000 + $86,000 + $3,000

= $157,000

Therefore, the total amount of the costs listed above that are NOT direct costs of the Brentwood Stores equals to $157,000.

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6 0
2 years ago
Illinois Woodworking Company is preparing its statement of cash flows using the indirect
loris [4]

Answer:

A) The cash receipt of $6490 is shown as a positive cash flow in the investing activities section.

Explanation:

The neet book value of the equipment sold, is a non-cash item, so all the money reveiced from the sale is reflecting on as a positive cash flow in the financing activities section.

5 0
3 years ago
Read 2 more answers
Jean, a geologic specialist, agreed to accept an overseas assignment for her company after the company agreed to store her yacht
Crazy boy [7]

Answer:

The answer is Assistance programs.

Explanation:

Because Assistance programs  are benefits that are offered to employees to helps manage several challenges they might have to accomplish the job. In this case, the company offered Jean several benefits such as bringing the pet, storing the yacht,  it is a way to motivate Jean to accept the offer and do the best she can.

5 0
3 years ago
When Microsoft introduces a new version of its Windows operating system, it typically uses selected magazine, Internet, and dire
Maksim231197 [3]

Answer:

The correct answer is the option C: Media Mix

Explanation:

To begin with, in the area of marketing, there are four major variables to work with, the four Ps are: Product, Price, Place and Promotion. This last one, promotion, has the importance of finding the proper media o channel to deliver the message that was developed by the advertisers. Therefore that it is in this part where the employees of the company are looking forward to choose the better channels to deliver their message and the term of media mix in here indicates that group of channels that the workers decided. That is why, when Windows decide to deliver they marketing message of a new operative system they select a magazine, internet and direct mail, all that, comprehends its media mix.

6 0
3 years ago
Which are factors that both budget constraint diagrams and production possibilities frontier diagrams highlight
Jobisdone [24]

Answer:

scarcity, tradeoffs, efficiency, and opportunity costs.

7 0
2 years ago
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