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Rasek [7]
3 years ago
14

What are the most important differences between perfectly competitive markets and Unlike in perfectly competitive markets, in mo

nopolistically competitive markets, A. firms face horizontal demand curves, and there are no barriers to entry B. firms face downward-sloping demand curves, and the products competitors sell are identical. C. firms face downward-sloping demand curves, and the products competitors sell are differentiated D. there are only a few sellers, and the products competitors sell are differentiated E. firms face downward-sloping demand arves, and there are substantial barriers to entry
Business
1 answer:
stepan [7]3 years ago
4 0

Answer:

The correct answer is option C, firms face downward-sloping demand curves, and the products competitors sell are differentiated

Explanation:

In monopolistically competitive market all companies sell distinguished products. In this market all companies face downward sloping demand curve. These are the expectations of monopolistically competitive market. Therefore, option C is correct.

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An investor has her money segregated into checking, savings, and investments. The allocation among the categories is subjective,
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An investor has her money segregated into checking, savings, and investments. The allocation among the categories is subjective, yet the investor spends freely from the checking account and not the others. This behavior can be explained as _______________.

Mental accounting

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3 years ago
Field Farms and Gourmet Restaurant enter into a contract for a sale of produce. After Field Farms ships the lettuce but before t
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Answer: D.) Regardless of the quantity.

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3 years ago
A group of athletic shoes in a shoe factory are partially completed but still lack their innersoles and shoestrings. these shoes
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3 years ago
Mr. C made the following gifts: $12,000 to a university to pay tuition costs for his niece. An undeveloped tract of land to his
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Answer:

$10,000

Explanation:

Gifts are only taxed when their fair market value is higher than $15,000. Any gifts made to your spouse are not taxable. Gift taxes are calculated on a  per person base, as long as they do not exceed the lifetime exemption (which is $11.58 million).

The tuition costs of her niece are not taxable since they are less than $12,000. The stocks given to his wife are not taxable either. The only taxable gift is the land given to his sister which had a FMV of $25,000. The taxable amount = $25,000 - $15,000 = $10,000

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3 years ago
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