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Vesnalui [34]
3 years ago
7

In the long-run, a firm in monopolistic competition is like: a monopolist in that it earns a positive profit. no other firm in a

ny market structure in that it breaks even while earning positive economic profit. a firm in perfection competition in that it earns normal profit. an oligopolist in that its behavior is based on what it expects others in the industry will do.
Business
1 answer:
SpyIntel [72]3 years ago
7 0

Answer:

1. False

2. True

4. False

Explanation:

In the long run, a firm in a monopolistic competition may not make positive profit why because they have a highly elastic demand, meaning the market is sensitive to price changes. Profit may turn negative in the long run, as they spend heavily on marketing because there are many firms offering products that are similar although not identical.

True, there are few barriers to entry in monopolistic competition.This makes monopolistic competition similar to perfect competition since all firms are able to enter into the market if they feel the profits are okay.

Oligopoly is different from monopolistic competition since firms set prices collectively in a cartel or under the leadership of one firm, rather than taking prices from the market. However, In monopolistic competition, there are many producers and consumers in the marketplace who can take unexpected decisions (independent decisions), but oligopoly blocks new entrants, and increase prices.

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Market anomaly refers to _______. an exogenous shock to the market that is sharp but not persistent a price or volume event that
sladkih [1.3K]

Answer: price behavior that differs from the behavior predicted by the efficient market hypothesis

                                                                   

Explanation: In simple words, market anomaly refers to the difference in the price of the securities that occurs due to the variable factors that were not considered appropriately in the efficient market hypothesis.

  The environment of market is very dynamic and there are certain variables that could not be predicted completely. Hence the prices of securities differes from hypothesis in actual.

7 0
3 years ago
Tubaugh Corporation has two major business segments--East and West. In December, the East business segment had sales revenues of
kicyunya [14]

Answer:

<em>Net operating Income of the company 130,000</em>

Explanation:

\left[\begin{array}{cccc}-&East&West&Total\\Sales&690,000&140,000&830,000\\Variable&352,000&56,000&408,000\\Contribution&338,000&84,000&422,000\\Fixed Cost&104,000&24,000&292,000\\Income&234,000&60,000&130,000\\\end{array}\right]

We have to arrange the values, and don't forget to add the common fixed cost of 164,000 in the total fixed cost line.

Net operating Income of the company 130,000

7 0
3 years ago
Total revenue (TR) is:
poizon [28]
I think it’s d. but im so sorry if im wrong!
3 0
2 years ago
1.different types of socialization?​
patriot [66]

Answer:

Primary and secondary

Explanation:

Generally there are 5 types of socialisation.

1. Primary

2. Secondary

3.Anticipatory

4. Development

5. Resocialisation.

But the common are primary and secondary

6 0
3 years ago
Read 2 more answers
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nasty-shy [4]

Answer:

Not sure but I think is B. again not sure

Explanation:

3 0
3 years ago
Read 2 more answers
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