Answer:
3) former sells similar, although not identical, products.
Explanation:
In a monopolistic competition, there may be many sellers of a specific good, but in order for each firm to possess a monopolistic edge over the other, minute differences may exist between the similar goods. For example, geometrical sets are more or less the same, in terms of content. However, producer A may include a formula sheet, something which producer B may compensate with a timetable sheet. A consumer may wish to buy a geometrical set, but will have to choose between one from producer A or B since they all have different special features. Both producers A and B possess a monopoly of sorts over each other, due to the difference in features. This is called product differentiation. It may be physical, like the one above or perceived, where product A may seem better than product B, though entirely similar, due to A’s massive advertising. Purely competitive firm sells standard product like its competitors.
Answer:
Please see below
Explanation:
a. Current ratio
= Total current assets / Total current liabilities
= $262,787 / $293,625
= 0.89
b. Debt to assets ratio
= Total current liabilities / Total assets
= $293,625 / $439,832
= 0.67
c. Free cash flow
= Net cash provided by operating activities - Dividends - Capital expenditure
= $62,300 - $12,000 - $24,787
= $15,685
Answer:
A) which the average rate increases as income increases.
Explanation:
A progressive tax is a tax that increases in tax rate as the taxable amount increases. The tax is termed "progressive" because it refers to the increment or progression of the tax rate from low to high, which by implication means that a taxpayer's average tax rate is less than the person's marginal tax rate.
Another term that describes the progressive nature of income taxes particularly in developed economies like the United states and United Kingdom, is the acronym P.A.Y.E which means Pay As You Earn. Ta payers are expected to pay higher tax rates for higher income brackets
Approximately 0 public use airports in the United States have been sold outright to private ownership.
The U.K. was the first country to fully privatize some of its major airports. Under the Airports Act 1986, the public British Airports Authority ( BAA ) was dissolved and its property, rights, and liabilities were transferred to a new company, BAA plc.
All but one U.S. commercial airport are owned and operated by public entities, including local, regional, or state authorities with the power to issue bonds to finance some of their capital needs. Airports are landlords.
Learn more about the United States here brainly.com/question/25605883
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Answer:
c. The stock's beta will be greater than one.
Explanation:
In order to understand the right answer here, we need to understand what Beta is and what does it represent.
Well, Beta tells about the responsiveness of any stock in comparison with the stock market index. For example, if the index move 100 points positive and the stock price moves $120 positive, this means that the stock is very responsive and has a high beta of more than 1. For stocks that are less response to stock market, their beta is less than 1, while for stocks who move the exact same direction as per the stock market, their beta is said to be equal to 1.
Here, in this question, since the stock return is more variable than the market return, it clearly tells that the Beta of that stock will be greater than one.
Hope this helps, Good Luck.
