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Free_Kalibri [48]
3 years ago
13

A monopolistically competitive market has characteristics that are similar to a. a monopoly only. b. a competitive firm only. c.

both a monopoly and a competitive firm. d. neither a monopoly nor a competitive firm.
Business
1 answer:
gtnhenbr [62]3 years ago
8 0

Answer:

The correct answer is c. both a monopoly and a competitive firm.

Explanation:

Monopolistic competition is an imperfect type of competition in which there is a high number of sellers in the market that have a certain power to influence the price of their product.

The products offered are characterized by having some differentiation and it is precisely this differentiation that makes these companies enjoy a certain market power, have a certain voice when it comes to setting their prices and are not merely "price-acceptors", as in the case of perfect competition. Therefore, the graphic representation of monopolistic competition will be that of the right, imperfect competition.

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deff fn [24]

Answer:

5.5%

Explanation:

This is an Annuity Due question. In an annuity due, recurring payments occur at the beginning of the yearIt is asking for the RATE. Using a financial calculator(on BEG mode), input the following;

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Recurring payment; PMT = 23.6

Present value ; PV = -334

One-time future cashflow; FV = 0

Then compute the interest rate; CPT I/Y = 5.499%

Therefore, the lottery commission is using about 5.5% interest rate.

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How many employees does a walmart have at one specific location?
grigory [225]
Well from the looks of it, like 3


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7 0
3 years ago
What type of economy is the South African economy?<br>​
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Explanation:

3 0
2 years ago
Read 2 more answers
All of the following are liabilities except
dolphi86 [110]

Answer:

Accounts receivable

Explanation:

Accounts receivable is a component or part of the current assets. It is the amount that is created by selling the goods on account. Such receipts are receivable within the duration of one year.

Salaries payable is a part of current liabilities.

Notes payable is also a part of current liabilities.

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Such payments are payable within the duration of one year.

5 0
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zepelin [54]

The answer is: b. Markets motivate individual actors to make economic decisions.

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