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Ganezh [65]
2 years ago
9

A market structure with a large number of sellers who make differentiated products is called _____.

Business
1 answer:
Lubov Fominskaja [6]2 years ago
4 0
The correct answer for the question that is being presented above is this one: "Monopolistic competition." A market structure with a large number of sellers who make differentiated products is called monopolistic competition. Monopolistic Competition refers to a type of imperfect competition<span> such that many producers sell products that are differentiated from one another.</span>

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(a) Argue whether or not a firm should continue production if its MR is lower than its AVC. (b) Support your argument with expla
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Answer: A firm should not continue production when its MR is lower than its AVC.

Explanation:

The goal of every firm is to minimize cost and also maximize profits and therefore the firm will operate at the output level where the marginal revenue and the marginal cost equates.

A firm should not continue production when its MR is lower than its AVC. Here, the firm will incur a higher loss during production as producing will not offset the variable cost. Therefore, it's better to shut down.

4 0
3 years ago
A company had a beginning balance in retained earnings of $430,000. It had net income of $60,000 and paid out cash dividends of
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Answer:

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So Ending retained earning = $430000+$60000-$56250 = $433750

6 0
3 years ago
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Rufina [12.5K]

Answer:

The answer is "Option A".

Explanation:

In this question, the first choice is correct because the Chilean organizations continue to improve the existing wine business in the country of China, with Chile aiming to the advantage of the military conflict as well as expand its position in the Chinese beverage (wine) market though the wider optimization.

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Answer:see attached file

Explanation:

4 0
3 years ago
Read 2 more answers
The organization of 183 countries, all of which have signed treaties to protect intellectual property rights, is known as
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