1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alexdok [17]
2 years ago
13

Which of the following best represents the pricing behavior of firms in a monopolistically competitive industry?

Business
1 answer:
allochka39001 [22]2 years ago
3 0

Answer:

The correct answer is option B.

Explanation:

A monopolistic firm is characterized by a large number of buyers and sellers in the market producing differentiated products which are close substitutes, there are relatively easier entry and exit in the market.  

In the given question, Teen Angle Hardware is looking for a niche or a slightly differentiated product to sell to teenagers. But is able to earn only a normal profit because there is a large number of firms in the market. And new firms can enter the market in the long run. So, this firm is an example of a monopolistic firm.  

You might be interested in
Consider Frank’s decision to go to college. If he goes to college, he will spend $21,000 on tuition, $1,800 on books, and $11,
alex41 [277]

Answer:

b. $42,600

Explanation:

First, we calculate the total cost of college:

21000+1800+11000=33800

Now, we calculate the net income she would receive, if she didn't go to the college:

16000-7200=8800

Finally, the opportunity cost of going to college is the result of adding the total cost of college plus the net income that she would receive if she works instead of going to college.

33800+8800=42600

7 0
3 years ago
an employee is found to have grossly mistreated a client, which the employee has never done before. what consequence should be a
Amanda [17]

An employee is found to have grossly mistreated a client, which the employee has never done before is Termination.

A person engaged by an employer to do a certain task is known as an employee. Employers are in charge of deciding how much an employee is paid, when they work, and how they work. Employees receive advantages that contractors do not in return. A person who completes particular responsibilities for a company in exchange for regular payment is called an employee.

Employees and employers often agree on a salary and benefits packages, such as vacation time and overtime pay.

Employers assume the financial risk of the venture in exchange for greater control over the employee's work, which distinguishes them from independent contractors.

An employee may have a temporary, part-time, or full-time job assignment.

Learn more about employee here:

brainly.com/question/13405418

#SPJ4

6 0
2 years ago
Which of the following roles is responsible for writing programming code?
jok3333 [9.3K]
We can't answer this question because you didn't show the "following"
7 0
3 years ago
To transform resources into profits, organizations combine type types of work - operations and ___________.
Vlad [161]

Answer: Apart from the resources, there are three important factors for production, these are work (people or man hours available), investment (machinery and equipment needed) and organization (business planning).

Explanation: The first three factors were selected by the classical economy where Adam Smith and David Ricardo appeared, to these other organizational factors have been added, however their objective is the same, so that a company achieves the goals set, it has the task of combining these factors in the best way possible. Example: maximize man hours, use the best machinery, that the land or resources are prepared for production.

4 0
2 years ago
SportLife Drinks, a multinational soft drink brand, has been facing huge economic losses due to unpredictable exchange rate move
wariber [46]

Answer:

C. Disperse production to different locations around the globe.

Explanation:

By dispersing production to different countries, Sportlife drinks will accumulate its income in different currencies.

If a certain type of currency is incinerating in value,  other types of currencies tend to increase in value. So, having multiple currencies at your disposal will pretty much maintain the total amount of your overall asset.

This will protect sport life drinks from the damage that might caused by currency fluctuation.

5 0
2 years ago
Other questions:
  • If Carly shows the interviewer that she is familiar with European Union regulations and knowledgeable about how people in German
    14·1 answer
  • A central question that must be addressed in bankruptcy proceedings is whether the firm's inability to meet scheduled interest p
    11·1 answer
  • Which accounting course focus on the preparation of external financial statements by applying generally. Accepted accounting pri
    15·1 answer
  • Fabrication, Inc, makes steel forms that are substandard. Geo Manufacturing Company has never bought or used a Fabrication form,
    12·1 answer
  • While researching job boards and applying to companies ,which two of the following practices can help you stay organized ?
    10·1 answer
  • In two to three sentences, list the tree steps for effective decisions using marginal analysis
    6·1 answer
  • Capes Corporation is a wholesaler of industrial goods. Data regarding the store's operations follow: Sales are budgeted at $280,
    12·1 answer
  • Radford Inc. manufactures a sugar product by a continuous process, involving three production departments-Refining, Sifting, and
    10·1 answer
  • After marketers have defined a problem they need to solve, what is the next
    5·2 answers
  • Do you want to know what's happen in mexico? Here is the details:
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!