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Free_Kalibri [48]
2 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]2 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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Mark Johnson saves a fixed percentage of his salary at the end of each year. This year he saved $2,500. For each of the next 5 y
yarga [219]

Answer:

Mark will have at the end of six years the amount of $25,865.74

Explanation:

According to the given data we have the following:

First investment = 2500

Investment increasing at rate of 10%

Interest rate = 13%

t=6 years

Present value is given by formula = C * [((1+g)^n/(1+i)^n) - 1 ] / (g-i)

C is first value = 2,500

g is increase in investment = 0.10

i is intrest rate = 0.13

n is no of years = 6

Putting values into the equation

P = 2500* [((1+ 0.10)^6/(1+0.13)^6) - 1 ] / (0.10-0.13)  1.771561    2.08195

P = 2500* [((1.10)^6/(1.13)^6) - 1 ] / (-0.03)

P = 2500* [0.8509142870866 - 1 ] / (-0.03)

P = 2500* (-0.14908571)/ (-0.03)

P = 2500* 4.9695236

P=$12,423.809

Future value = P*(1+i)^t

= $12,423.809 *(1+0.13)^6

= $25,865.74

Mark will have at the end of six years the amount of $25,865.74

7 0
3 years ago
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The reduction of on the job injuries and illnesses would benefit employers, because they would
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B is the correct answer.
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Changes in the PPI can predict changes in the consumer price index because
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Producers often pass along price increases to customer.
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The company financial officer was interested in the average cost of PCs that had been purchased in the past six months. A random
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Answer:

C. $3,415.75

Explanation:

1   1.127,00  

2   1.482,00  

3   2.995,00  

4   3.009,00  

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7   3.445,00  

8   3.449,00  

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3.415,75  

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Intentionally reporting product sales in the financial statements for the period prior to when they actually occurred is a viola
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Answer:

d. Revenue recognition

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