One difference between monopolistic competition and pure competition is that: <span>There is some control over price in monopolistic competition
In monopolistic competition, a specific resource is fully owned by a single entity without any competitors.
Since there is no other entity that could offer the product to the customer, the company could put a really high price and the customers that need the products have no choice but to follow</span>
Answer: indirect transfer using the venture capital firm.
Explanation:
The capital market works to transfer funds from those who have it (savers) to those who need it (borrowers).
There are three ways this happens:
- Direct transfer - Savers transfer the money to those who need it directly without the need for any intermediary. For instance, your uncle loaning you money to start a car wash.
- Indirectly through Investment bank - Investment banks take the money savers deposit with them and invest in people and businesses to create a return for the savers.
- Indirectly through financial intermediary - Intermediaries like Mutual funds, Commercial banks etc, get money from savers and invest in opportunities.
Indirect transfer using Venture capital firm is not one of these ways as it falls under Indirectly through financial intermediary.
The process of selecting a base year and expressing the amount as a percent of the base year amount is referred to as trend analysis. Percentage change can be calculated between two periods or over a longer period of time.
Percentage change between two periods:
<span> Subtract the earlier year from the later year. A negative difference means the change is a decrease. A positive difference means it is an increase. Then divide the change by the earlier year's balance. </span>
Percentage change over a longer period of time:
<span>1. </span>Select the base year.
<span>2. </span><span>Divide the amount in each nonbase year (for each line item) by the amount in the base year and multiply by 100.</span>
Factors of production are scarce in every society.
<h3>What are the factors of production?</h3>
Factors of production are the resources that are used in the production of goods and services. Factors of production are scarce and this is why it is important to use them in the activities that would maximise their use.
There are four factors of production in economics. They include - land, labor, capital and entrepreneurship.
Land includes all the natural resources that are used to produce goods and services e.g. gold mine. Labor is the human effort that is exerted in the production of goods and services. Capital includes machinery and man made resources used in production. An entrepreneur is a person who combines the other factors of production together
To learn more about factors of production, please check: brainly.com/question/12342608
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