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bagirrra123 [75]
3 years ago
10

Why would a monopolistically competitive firm​ advertise? A monopolistically competitive firm would advertise to A. shift its de

mand curve to the left. B. decrease the price it charges. C. make its demand curve more inelastic. D. reduce the total cost of production. E. reduce product differentiation.
Business
1 answer:
kompoz [17]3 years ago
5 0

Answer:

C) Make its demand curve more inelastic

Explanation:

A product is inelastic if the demand for it does not change a lot when price changes. For example, gasoline is a perfect example of a good with inelastic demand because customers buy gasoline even if the price rises.

A firm will always want to have inelastic products because this will assure revenue even if production costs have to be raised, and the sales price therefore increases.

Advertising can achieve that by increasing brand loyalty, product differentiation, or good perception about the product. Customers may feel that no matter how high the price is, the product is worth it.

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30points
koban [17]

Answer: C

Explanation:

8 0
2 years ago
The general price level is 150.00 and people expect it to increase to 156.00 next year. Therefore, the expected rate of inflatio
zmey [24]

Answer:

$98,165.14

Explanation:

Note: There are missing word but the full question is attached as picture below

Here, Initial Nominal Interest rate = 7%

Inflation expectation= 4%

So, real return = 3%

Now, investors would want same real return

New inflation = (159 - 150)/150 *100 = 6%

Nominal interest rate = 6 %+ 3% = 9%

Price after 1 year = $107,000

So, current price changes to = $107,000/(1+0.09) = $107,000/1.09 = $98,165.14

8 0
2 years ago
The subject property has a total value of $280,000 by the sales comparison approach. A competitive neighborhood nearby has home
True [87]

The value of the subject land is $84,000.

Given,

75,000 / 250,000 = 0.30

280,000 * 0.30 = 84,000

Land value is the measure of the way lots a plot of land is worth, now not counting any buildings but including improvements inclusive of better drainage. when a landowner can pay taxes on her actual property, a part of what is taxed is the fee of the land, in addition to whatever structures sit down atop it.

To measure the price of land use the traditional value approach: Use RS means statistics on prices to calculate the fee of the belongings as though it has been new. Subtract depreciation. The result is an estimate of the fee of the modern structure. Subtract from sale fee to get land cost.

<em />

<em>Your question is incomplete. Please read below to find the missing content.</em>

The subject property has a total value of $280,000 by the sales comparison approach. A competitive neighborhood nearby has home sales with a median value of $250,000, and recent lot sales at $75,000. By allocation, what would be the value of the subject land?

$68,000

$76,000

$84,000

$92,500

Learn more about statistics here: brainly.com/question/4219149

#SPJ4

5 0
2 years ago
Bradford Maintenance, a firm which provides lawn care services, has some seasonal variations in its cash flow needs, since much
Whitepunk [10]

Answer: B) Conservative Financial Policy

Explanation:

A Conservative Financial policy refers to a situation where an entity usually finances their permanent working capital with long term debt in part or in it's entirety.

It is stated that Bradford Maintainance uses long-term sources of funds to finance its assets which would point to a Conservative Financial Policy.

5 0
2 years ago
Make a list of at least three items that are important to double check before submitting a loan application to underwriting. Lis
xxMikexx [17]

Answer:

Please see answers below.

Explanation:

A. Three important Items to double check before submitting a loan application to underwriting.

• Completeness of data : One has to be sure that all important details are captured hence none is left out. It means that there are no missing information on the application.

• Calculations performed accurately: This means that calculations such as borrower's income, qualifying ratios are calculated accurately and also double checked for the purpose of the loan underwriting.

• Documentations required by the loan programme. All Documentations required by the loan programme must be double checked before submitting a loan application to underwriting.

B. List at least two things you would be sure to tell a borrower in preparation for closing

• I will seek clarity in terms of the money borrower would be bringing to the closing table.

• The date,time,venue of closing are essential for the closing hence will be communicated to the borrower. Also, there are no right or wrong answers that may be asked or given by the borrower during the closing.

C. List at least three calculations that are typically used during the course of mortgage loan transaction.

• Income calculation

• Front end and back end ratio (DTI ratio)

• Monthly payment.

3 0
3 years ago
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