1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
timama [110]
3 years ago
13

Which of the following is not a characteristic of monopolistic competition?

Business
1 answer:
BlackZzzverrR [31]3 years ago
7 0

Answer:

The correct answer is option c.

Explanation:

Monopolistic competition is a market structure where there is a large number of sellers producing differentiated products. The market is fragmented because of product differentiation.  

The entry and exit in the market are relatively easy with no or very low restrictions. Because of free entry and exit, the firms can earn positive profits only in the short run.

In the long run, other potential firms enter the market increasing the market supply and reducing the profit and price level. So firms can earn only normal profits in the long run.

You might be interested in
Using policy to stabilize the economy The government has the ability to influence the level of output in the short run using mon
amm1812

Answer:B. Opponents of active stabilization policy believe that significant time lag in both fiscal and monetary policy often excercebate economic fluctuations.

C. Advocate of active stabilization policy believe that the government can adjust monetary and fiscal policy to counter waves of excessive optimism and pessimism among consumers and business.

Examples of automatic stabilizer

A. Corporate income taxes

B. Personal income taxes

Explanation:

Stabilization policy helps to stabilize the economy during expansionary or deficit period however a lag in the implementation will surely affect getting the right outputs from the implementation.

The economy has inbuilt stabilizer s that tend to correct excessiveness in economy such as the personal and corporate tax . The federal fund rate will be adjusted as the need be to stabilizer the economy even though it can be used as a stabilizer but it's not an automatic stabilizer.

5 0
3 years ago
PLZ HELP MEEEEEEEEEE​
Akimi4 [234]

Answer:

D

Explanation:

7 0
3 years ago
In a production operation of an electronics firm, a company manufactures I/O circuit chips that is used in a final assembly proc
Feliz [49]

Answer:

defective

Explanation:

In an electronic firm it is necessary to keep check for every circuit as they turn out to be defective. There can be minor error is circuit formation but this will be considered as defective because circuits are very sensitive and even minor error can lead to short circuits which could lead to a disaster. It is necessary for a firm to keep track and quality of every circuit should be checked.

3 0
3 years ago
Professor’s Annuity Corp. offers a lifetime annuity to retiring professors. For a payment of $74,000 at age 65, the firm will pa
photoshop1234 [79]

Answer: 0.10%

Explanation:

The following can be gotten from the question:

n = 15 years

We change it to months. Thus will be:

= 15 × 12

= 180

Present value of an annuity :

= A × {1- (1 +r ) -n ]/r}

74000 = 450 × [ 1- (1 +r) - 180]/r

r= 0.10%

Therefore, the monthly interest rate is 0.10%.

8 0
3 years ago
Play Inc. owns 100% of Station Corp.'s common stocks. On January 1, 2015, Play sold to Station for $50,000 an equipment with a c
victus00 [196]

Answer:

There is unrealised profit on the equioment sold by Play inc to Statetion Corp.

the Adjustment include

  • Deduct net unrealised profit of $16,000  from Equipment
  • Deduct net unrealised profit of $16,000 from  Group(consolidated )retained earnings.

Amount to be recognized as unrealized profit in the consolidated income statement is $16,000

Explanation:

Computation of Net unrealized profit

Unrealized profit ( $50,000 - $30,000)                       20,000

Depreciation on Unrealized profit( 20,000/5)              <u>  (4,000</u>)

Net unrealized profit                                                      <u>   16,000</u>

5 0
3 years ago
Other questions:
  • Erin has been asked to maintain a​ "live" website.​ therefore, she needs to​ __________.
    14·1 answer
  • You are a foreign exchange student studying in Switzerland. You are from Australia and currently have Australian dollars and som
    12·1 answer
  • Eldrick bought a certificate that allows him to apply for a tax deed after a certain period. what did eldrick purchase?
    13·1 answer
  • Which of these factors would NOT cause the supply curve for a particular good to shift?a. a change in the technology used to pro
    5·1 answer
  • At an activity level of 8,400 units in a month, Braughton Corporation’s total variable maintenance and repair cost is $697,284 a
    13·1 answer
  • Types of bonds
    5·1 answer
  • In order to accurately assess the capital structure of a firm, it is necessary to convert its balance sheet figures from histori
    14·1 answer
  • The Weston Corporation is analyzing projects A, B, and C as possible investment opportunities. Each of these projects has a usef
    11·1 answer
  • Covan, Inc. is expected to have the following free cash​flow:
    10·1 answer
  • Ria is an Indian student who was admitted to a US university. Her annual tuition is $42,000. She has to pay her tuition fees in
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!