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Zielflug [23.3K]
3 years ago
6

In the long run the prices charged by a firm in monopolistic competition will be

Business
1 answer:
kumpel [21]3 years ago
6 0

Answer: The correct answer is "d. equal to average cost, including the opportunity cost of capital.".

Explanation: In the long run the prices charged by a firm in monopolistic competition will be equal to average cost, including the opportunity cost of capital.

In long-term monopolistic competition, the demand curve will be tangent to the average long-term cost and the price set at this level. The benefits will be equal to zero and therefore there will be no entry or exit of companies.

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The _____ requires you to maintain financial responsibility for your actions when you drive.
Delvig [45]

The answer is "The Texas Safety Responsibility Act". <span>
<span>According to the Texas Motor Vehicle Safety Responsibility Act anyone who is driving a motor vehicle cannot operate the vehicle unless for that vehicle the financial responsibility is established and it is considered illegal in the state to drive without being financially responsible.</span></span>

3 0
3 years ago
Which of the following statements is true of low customer contact businesses? a. Customer access is relatively important when co
Neko [114]

Answer:

the answer is B

Explanation:

why ? most of the company's care about the customer , but it depends how big is their market and also what they are offering , so the small restaurants or even dry cleaners , their business are not without huge demand , the customer and the restaurant have a low contact, or the usually use a complaints and claims box where the customer can express your opinion of the restaurant service.

3 0
3 years ago
Joni Kingbird Inc. has the following amounts reported in its general ledger at the end of the current year.
Kazeer [188]

Answer:

Total amount reported for intangible assets: $90,400

Explanation:

An intangible asset is an asset that is not physical in nature. Goodwill, brand recognition and intellectual property, such as patents, trademarks, and copyrights, are all intangible assets. Intangible assets exist in opposition to tangible assets, which include land, vehicles, equipment, and inventory

Among the listed items, tangible assets in Joni Kingbird Inc. include Trademarks of 14,300 and Excess of cost over fair value of net identifiable assets of acquired subsidiary 76,100. The total intangible asset is $90,400 .

Deposits with advertising agency for ads to promote goodwill of company 11,100, will not book in intangible asset as it’s just deposit now, the total cost after this work is completed will then book in intangible asset.

8 0
4 years ago
The _____ protects the rights of individuals forty years old and older.
lys-0071 [83]

Answer:

The Age discrimination Act of 1967 protects the rights of individuals forty years old and above.

Explanation:

The age discrimination Act includes a broad ban against age discrimination against workers over the age of forty and also specially prohibits; discrimination in hiring, promotion, wages and termination of employment and lay offs

4 0
3 years ago
Mary is a shareholder in CarrollCo, a calendar year S corporation. At the beginning of the year, her stock basis is $10,000, her
Troyanec [42]

Answer:

AAA = (8000)

STOCK BALANCE = 0

AEP = 2000

Explanation:

-----------------AAA-------- stock basis---------AEP

Beg. Bal--- 2000 - - - - 10,000 - - - - - - 6,000

Distribution (2000) - - - - (2000) - - - - - (4000)

Balance - - - 0 - - - - - - - 8000 - - - - - - 2000

LTCG - - - 2000 - - - - - 2000 - - - - - - - - 0

Balance - -2000 - - - - - 10,000 - - - - - - 2,000

Loss - - - (10000) - - - - (10000) - - - - - - - 0

Ending - - (8000) - - - - - 0 - - - - - - - - - 2000

ENDING BALANCE :

AAA = (8000)

STOCK BASIS = 0

AEP = 2000

Beg. bal = beginning balance

LTCG = Long term capital gain

3 0
3 years ago
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