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Ulleksa [173]
4 years ago
5

Under monopolistic competition, a firm's ability to influence the price of the product it sells arises because:

Business
1 answer:
Vesnalui [34]4 years ago
8 0

Answer:

The answer is because of product differentiation

Explanation:

Under monopolistic competition, the sellers' product are differentiated from one another and this gives the sellers the power to influence prices.

Like perfect competition, the market has many buyers and sellers, free entry and exit but the major difference between the two is the product differentiation.

For example in the mobile phone market, we have Samsung, Infinix, Iphones, Oppo etc. They are all mobile phones but they are different from from one another in the aspect of specifications. iPhones usually charge highest. There is customers' loyalty in this market.

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Your sister just deposited $13,500 into an investment account. She believes that she will earn an annual return of 10.4 percent
VladimirAG [237]

Answer:

14518.41

Explanation:

We would determine the future value of the sisters investment and use it to determine the amount to be deposited by the other sister

The formula for calculating future value:

FV = P (1 + r) n

FV = Future value  

P = Present value  

R = interest rate  

N = number of years  

13500 (1.104)^10 = $36,309.85

$36,309.85 = a(1.096)^10

a = $36,309.85 / 2.500953

a = $14518.41

3 0
3 years ago
Last winter, a guest at a nearby motel fell through the ice and was not rescued in time. The motel’s name was included in news c
kaheart [24]
They should sell the info and make that cash cash money
3 0
4 years ago
Read 2 more answers
an accounting firm collected cash on account. as a result of this​ transaction, total​ assets, liabilities, and equity are all u
musickatia [10]

TRUE, an accounting firm collected cash on account. as a result of this​ transaction, total​ assets, liabilities, and equity are all unchanged.

A legal entity is a for-profit business organization that provides professional services, such as a corporation, limited liability company (LLC), or partnership.

A firm can be a company. B. A consumer goods store that offers physical products. It can also represent a service provider such as a hairdresser. The term company can refer to any for-profit business, but it is often used to describe businesses in specific industries such as law or accounting.

Companies are all kinds of businesses. Examples of companies include sole proprietorships, partnerships, limited liability companies, and corporations. The term is more commonly associated with partnerships.

Learn more about firm here:brainly.com/question/25491204
#SPJ4

6 0
2 years ago
Implementing a marketing plan a. is the starting point of the marketing mix strategy to identify target markets. b. entails gaug
GalinKa [24]

Answer:

Letter a is correct. <u>Is the starting point of the marketing mix strategy to identify target markets.</u>

Explanation:

A marketing plan can be defined as a detailed document that contains the actions that a company must take to achieve its marketing objectives. Through this document, it is possible to carry out a planning for a product, service and brand.

The stage of implementing the marketing plan is the starting point for the company to outline specific marketing strategies, such as the marketing mix, which is a strategic tool used to achieve its marketing objectives in the target market.

The marketing mix model most used by companies is that of 4P: product, square, price and promotion, and for each of the variables there is a set of specific activities that integrated help to achieve objectives and goals.

Therefore, the implementation stage is extremely relevant for the company, it is necessary to adjust expectations in order to set real and possible goals to be achieved in a certain time, it is also important to assemble a team with qualified professionals for the execution of the plan, so that the actions correspond to the organizational values ​​and strategies. Communication is also essential for feedback, new ideas and suggestions.

It is important to note that a marketing plan is changeable, as several factors influence it to evolve and change, so it is necessary to have constant monitoring and evaluation, so that this is an effective strategy for the company.

7 0
4 years ago
A farm is currently producing at point C on this curve.
lord [1]

Answer:

the farm would face trade offs in production of apples or oranges

Explanation:

i have a brain and I used it

8 0
4 years ago
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