1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ratelena [41]
3 years ago
13

Which of the following statements is true about profits in a monopolistically competitive market? A. Most firms will earn substa

ntial profits from year to year.
B.Many firms will earn profit in the short term, but they must constantly innovate and compete to earn profits in the long term.
C.Profits are rare in monopolistically competitive markets.
DMonopolistically competitive firms are as profitable as monopoly firms.
Business
1 answer:
nydimaria [60]3 years ago
7 0
<span>The true statement about profits in a monopolistically competitive market is:

B.Many firms will earn profit in the short term, but they must constantly innovate and compete to earn profits in the long term. 

Examples of monopolistic competition:
1) hotel and restaurant businesses
2) consumer services like hair dressers, spa, etc
3) pubs and bars

</span>
You might be interested in
The following information pertains to Torque Corp.'s outstanding stock for 2021: Common stock, $1 par value Shares outstanding,
azamat

Answer:

135,000 shares

Explanation:

The stock split is the re-denomination of the shares where the number of shares increases without a corresponding increase in shareholders' equity.For instance assigning two shares for each share had earlier with two new shares priced at the price of previous one share,however in calculating the number of shares applicable to basic earnings stock split is treated retrospectively,as if it has always been part of the company's shares

Opening number of shares                                         60,000

add increase due to stock split(2*60,000)-60,000   60,000

new shares half-way through the year 30,000*6/12   15,000

Weighted average number of shares                           135,000          

7 0
4 years ago
References that employers trust for the most accurate reporting include
Aliun [14]

Answer: counselors

Explanation:

References that employers trust for the most accurate reporting include counselors. Employers don't trust the friends, relatives and parents of the prospective employees or employees for an accurate report because employers believe that they're not professional enough and due to their closeness to the employee, they may give false information in order to put the employee at an advantage. Employers see counselors as being more professional and will give the right informations.

It should be noted that in a case whereby a candidate performs well in his or her job tests and interviews and has a positive recommendation from his or her references together, the person has a high chance of being employed.

8 0
3 years ago
Read 2 more answers
The National Income and Product Accounts simultaneously provide data on: (a) production and efficiency; (b) technological progre
Slav-nsk [51]
The answer is either a or c
7 0
3 years ago
In the united states, say gasoline costs consumers about $2.50 per gallon. in italy, say it costs consumers about $6 per gallon.
Nata [24]
What are the answer choices?
7 0
3 years ago
Carla Vista Electronics reported the following information at its annual meetings: The company had cash and marketable securitie
adell [148]

Answer:

$6,718,553

Explanation:

Working capital is the net of current assets (Inventory, account receivables, Cash etc) and current liabilities (Accounts payable, short term notes payable etc).

It is a financial measure that gives insight into how liquid a company is. .

As such, the company's working capital

= $1,235,455 - $4,159,357 + $7,184,800 + $3,472,300 - $1,136,100 + $121,455

( the signs are positive for assets and negative for liabilities)

= $6,718,553

6 0
3 years ago
Other questions:
  • When an employee misappropriates case by diverting a payment from one customer for their own use, and then hides the defalcation
    12·1 answer
  • Identify each account as asset​ (a), liability​ (l), or equity​ (e).
    14·1 answer
  • Apple hosts a large number of forums, which become customers' primary source of product information after warranties expire and
    8·1 answer
  • Walter Utilities is a dividend-paying company and is expected to pay an annual dividend of $1.25 at the end of the year. Its div
    9·1 answer
  • The last dividend paid by Coppard Inc. was $1.25. The dividend growth rate is expected to be constant at 15% for 3 years, after
    12·1 answer
  • Helmert Federal, a financial institution, acquires its funds primarily from the deposits of its customers, and then uses these f
    9·1 answer
  • The theory of _____, developed by Michael Porter, focuses on the importance of country factors, in addition to factor endowments
    15·1 answer
  • 9/10
    7·2 answers
  • Match the following items.
    7·1 answer
  • Based on your reading of the following, choose the correct response.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!