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Nataly [62]
3 years ago
12

n monopolistic​ competition, each​ firm's markup​ ______ that in perfect​ competition, and the price is​ ______ than in perfect

competition. A. is the same​ as; higher B. ​exceeds; higher C. is the same​ as; same as D. ​exceeds; same as The total quantity produced by the firms in monopolistic competition is​ _______ the total quantity produced by firms in perfect competition. A. greater than B. less than C. equal to
Business
1 answer:
CaHeK987 [17]3 years ago
8 0

Answer:

The correct answer is option B.

The correct answer is option B.

Explanation:

In a monopolistic market, the markup of each firm is higher than that of a firm in perfect competition. Price is higher as well. The firm in perfect competition is a price taker. The price is determined by the market forces. While, on the other hand, in a monopolistic market the firm is price maker. The price is determined by the interaction of marginal revenue and marginal cost.  

Perfect competition has both productive as well as allocative efficiency. So the output produced in perfect competition is higher.

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A business will construct its financial statements in a particular order because they are interrelated. This means that items fo
Blizzard [7]

Answer: d. Net income is part of the computation for ending retained earnings.

Explanation:

In the statement of owner's equity, Retained earnings are calculated and it is done with the Net Income. This is why when the net income is calculated from the Income Statement it is transfered to the SOE and used to calculate Retained Earnings.

Retained Earnings are calculated by the formula,

Ending Retained = Opening Retained Earnings + Net Income (losses) - Dividends

Net income is added to (or subtracted from if it is a Net loss) the Opening Retained earnings balance. Net dividends are also subtracted.

7 0
3 years ago
What are the challenges (trends) Consolidation Tech Plus (CTP), Inc. Should be aware of in the environment of human resource man
makkiz [27]

Answer:

Workforce diversity challenges, technological challenges, and economic challenges

Explanation:

The challenges (trends) Consolidation Tech Plus (CTP), Inc. Should be aware of in the environment of human resource management that require HR to play a more central role in​ this growing organization are :

Workforce diversity challenges includes Acceptance and Respect, Accommodation of Beliefs ,Ethnic and Cultural Differences,

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3 0
3 years ago
A "financial snapshot" is a technique to establish:
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It is to provide your clients a visual demonstration of their current financial situation, the raw numbers on where they are today, and what it would take for them to reach their goals and dreams.
4 0
3 years ago
Future Value At age 20 you invest $1,000 that earns 7 percent each year. At age 30 you invest $1,000 that earns 10 percent per y
agasfer [191]

Answer:

In the case of age 30, there will be more money at the age of 60

Explanation:

When person start investing at the age of 20 then total year till 60 years age is  = 40 years.

Interest rate (r ) = 7 percent or 0.07.

Investment amount (Present value) = $1000

Now the total amount at the age of 60 years is calculated below.

Total \ amount = Present \ value (1 + r)^{n} \\= 1000 ( 1 + 0.07 ) ^{40}\\= 14974.4578 \ dollars

Now calculate the total amount at the age of 60 years when he invest at the age of 30 and earns interest rate 10 percent. Now the number of years is 30.

Total \ amount = Present \ value (1 + r)^{n} \\= 1000 ( 1 + 0.1 ) ^{30}\\= 17449.4023 \ dollars

7 0
3 years ago
Identify the recommended actions for success in informational interviews. Smile and stay positive. Sit still and be aware of you
Helen [10]

Answer:

Please correct me if wrong

<h2><u>Take notes that you can refer to later</u></h2><h2><u>Smile and stay positive</u></h2>

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