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Rama09 [41]
4 years ago
9

A monopolistically competitive market A. is imperfectly competitive, and all imperfectly competitive markets are monopolisticall

y competitive. B. is imperfectly competitive, whereas an oligopolistic market is not imperfectly competitive. C. is not imperfectly competitive. D. is imperfectly competitive, but not all imperfectly competitive markets are monopolistically competitive.
Business
2 answers:
Vlad1618 [11]4 years ago
5 0

Answer:

B

Explanation:

To answer this question properly, a grasp of what is meant by the technical terms is needed. Firstly we need to understand what a monopolistically competitive market is. In its simplest term, it is a type of market in which many firms sell similar products that are not identical.

This type of market is one that we can tag as imperfectly competitive. It is imperfectly competitive because the products are only similar, they are not identical. The products would have been perfectly competitive if they had been identical which of course is not the case here. Hence, we can say that a monopolistically competitive market lacks the features that would have make it be a perfect competitive market.

Now we said an oligopolistic market is not imperfectly competitive. This means we agree to the fact that it is perfectly competitive. In an oligopolistic market, there are a number of firms such that on one firm can keep the other firm from having a significant influence in the market. Hence, simply because a firm would affect the market to a particular extent, we can see that there exists a kind of perfect competition amongst the firms, as each of the firms in the market to an extent have a leverage over the market and cannot be stopped from wielding its influence

Gala2k [10]4 years ago
4 0

Answer:

D. is imperfectly competitive, but not all imperfectly competitive markets are monopolistically competitive.

Explanation:

Monopolistic competition may be seen as a variety of competition that determine the characteristics of variety of industries that are familiar to consumers in their day-to-day lives. For instance, restaurants, hair salons, clothing, and consumer electronics are all monopolistic competitive market but not all imperfectly competitive markets are monopolistically competitive.

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Lucky Louie qualified for a $250,000 mortgage for his new home. The loan application was $400, closing attorney fee $500, apprai
Vesna [10]

Answer:

Louie's total cost is $ 7,625.

Explanation:

Closing costs are fees associated with your home purchase that are paid at the closing of a real estate transaction. Closing is the point in time when the title of the property is transferred from the seller to the buyer. In the above question all cost mentioned in question meet defination of closing cost.\

For more info please refer to below given calculation.

Loan application = $ 400

Attorney fee = $ 500

Appraisal fee = $ 400

Title insurance = $ 1200

Doc Fee  = $ 75

Credit fee = $ 50

Fee and interest = (250000*0.02)= $ 5000

Adding all above we get $ 7,625.

7 0
3 years ago
The bank loan of $2,000,000 requires Irkalla to maintain certain financial ratios but Irkalla has not been able to do so and is
aalyn [17]

Answer:

Current liabilities at December 31, 2014 for Irkalla;

$200,000 + $100,000 + $2,000,000 + $1,000,000 = $3,300,000.  

Method of reasoning: Accounts payable-exchange and Short-term borrowings consistently fall under "Current Liabilities". Development for Other bank advance has not explicitly given (for example develops June 30, 20 × 5), so we accept it to develop on June 30, 2015. Since development is expected inside 1 year, it additionally falls under current risk as term is just a single year. On the bank credit of $2,000,000, Irkella has damaged the terms, so now this advance is likewise required to be paid off soon and thus it additionally now goes under "Current Liabilities"

8 0
3 years ago
Read 2 more answers
If the core part of the purchase is ___________. bad it does not affect satisfaction. good it increases satisfaction. good it de
Andre45 [30]

If the core part of the purchase is bad it increases dissatisfaction

Explanation:

A core product is a product or service of a company more closely related to its core competences. The central product allows the functionality, benefit or remedy to issues with which the customer orders the commodity.

For example, the core component of a car's ability to drive places at an easy speed is the core advantage.

When you can not give quality service to your clients, you would be disappointed and depressed, even though you can deliver them an outstanding key product.

4 0
4 years ago
Economic fine-tuning is the (usually frequent) use of Group of answer choices fiscal policy that both balances the budget and co
bezimeni [28]

Answer:

monetary and fiscal policies to counteract even small undesirable movements in economic activity.

Explanation:

Economic fine-tuning is the (usually frequent) use of monetary and fiscal policies to counteract or subvert even small undesirable movements in economic activity.

Monetary policy can be defined as the actions (macroeconomic policies) adopted and undertaken by the central bank of a particular country to control the money supply and interest rates so as to boost or enhance economic growth. The central bank uses monetary policies to manage inflation, economic growth through long-term interest rates and level of unemployment in a country. In order to boost economic growth, monetary policy is used to increase money supply (liquidity) while it is also used to prevent inflation by reducing money supply.

On the other hand, Fiscal policy refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.

8 0
3 years ago
Spring is here, and Ginny and her uncle would like to go fishing for the weekend in New Hampshire. Ginny could either go to the
taurus [48]

Answer:rival in consumption and non- excludable

             rival in consumption and excludable

            common resource

            private good

Explanation:

The fish in the river are considered ___rival in consumption __ and __non-excludable ___ whereas the fish in the private pond are _rival in consumption____ and _excludable____. In other words, the fish in the river are an example of ___common resource__, and the fish in the private pond are an example of ___private good__.

3 0
4 years ago
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