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Neko [114]
4 years ago
7

The word "competition" in the label "monopolistic competition" refers to the fact that: a. firms vie against each other to get c

ustomers to buy their version of the product. b. firms have no control over the price they charge. c. there are very few firms producing in the market. d. none of the above
Business
1 answer:
MAXImum [283]4 years ago
7 0

Answer:

A.

Explanation:

Monopolistic competition is a type of imperfect competition such that many producers sell products that are differentiated from one another (e.g. by branding or quality) and hence are not perfect substitutes. ... Unlike perfect competition, the firm maintains spare capacity.

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Suppose that the salary range for recent college graduates with a bachelor's degree in economics is $30,000 to $50,000, with 25
Over [174]

Answer:

The answer is B.

Explanation:

To be risk averse means not wanting to take risk or not chosing higher returns with unknown risks. but rather going for lower returns with known risks.

Moe receives a job offer of $40,000.

Now let's calculate the expected returns using the percentage given and the corresponding amount.

25perecent of $30,000 + 50percent of $40,000 + 25percent of $50,000

$7,500 + $20,000 + $12,500

$40,000

The expected value from the data and the salary given are the same, so he should accept the job if he is risk averse.

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3 years ago
Plastic Products Ltd is a company business whole the country that produces and markets plastic cups, teaspoons, knives and forks
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Answer:

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7 0
4 years ago
what describes the business need (the problem the project will solve) and the justification, requirements, and current boundarie
jeka94

A project plan describes the business need (the problem the project will solve) and the justification, requirements, and current boundaries for the project. The correct option of this question is c i.e. project plan.

A project plan is formal documentation that defines the stages of the project and its execution. This includes the business need, the resources required and their justification and optimized application and the extents of the project. Project planning is done by the project managers and project planning softwares is used for this purpose. It is the who, how, what, why, where and when of a project.

<u>The other options are incorrect because:</u>

  • Project scope is a part of a project plan and it determines what the extents, limits and boundaries of the project are.
  • Project management is the use of specific tools and expertise to ensure the successful completion of a project.
  • Project manager is the individual who plans, organizes and executes projects.

You can learn more about project plan at

brainly.com/question/15410378

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7 0
2 years ago
Impact of Treasury Financing on Bond Prices The Treasury periodically issues new bonds to finance the deficit. Review recent iss
brilliants [131]

Answer:

When the treasury bonds are restricted to purchase it creates pressure on other securities and interest rates tend to move upwards.

Explanation:

When interest rates more upwards then cost of borrowing is increased. This increase in cost of borrowing creates pressure on the profits of private sector.  The public sector benefits from this increase in interest rates. When government is in trouble and financing is limited then these measures are used to run the economy.

3 0
3 years ago
The following are two independent situations.
ipn [44]
Please answer please please thank you so please answer answer
4 0
3 years ago
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