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kobusy [5.1K]
3 years ago
6

If a monopolistic competitor is able to restrict output, why doesn’t it earn economic profits?

Business
1 answer:
Aneli [31]3 years ago
8 0
Had to look for the options and here is my answer. If a monopolistic competitor ables to restrict output, then the reason why it does not earn economic profits is because the products of the firm are all identical or the same. Hope this answers your question. 
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Christina purchased 500 shares of stock at a price of $62.30 a share and sold the shares for $64.25 each. She also received $738
Gnesinka [82]

Answer:

1.60 percent

Explanation:

exact real rate of return on this investment = interest rate - inflation rate

total revenue gotten by Christina = ( 500 × $ 64.25) + $ 738 = $ 32863

total money invested = 500 × $ 62.30 = $ 31150

her profit =  $ 32863 - $ 31150  = $ 1713

interest =  $ 1713 / $ 31150 = 0.054992 × 100 = 5.4992 %

exact interest rate = 5.4992 %  - 3.9% = 1.5992 approx 1.60 percent

6 0
3 years ago
Charles, the president of an IT company, is friends with Levi, the CEO of Cyber Industries, a company that develops and manufact
Akimi4 [234]

Answer: Option A

 

Explanation: In simple words, Ponzi scheme refers to a scheme in which a company deceit their earlier investor by paying them from the funds of recent investors in the form of profits.

In the given case, Levi deceited Charles by making him believe of a strategy that may or may not exist in his organisation. Thus, he will pay charles from the money that he will gain from the market after the announcement of the new processor.

Hence from the above we can conclude that the correct option is A.

7 0
3 years ago
Heather Green usually buys Heinz Catsup because she likes its taste. But this morning her local grocery was surprisingly out of
Radda [10]

Answer:

a. preference

Explanation:

As in the question it is mentioned that the heather Green normally purchased heinz Catsup as she likes the taste but she decided to purchase another brand i.e. highly advertised also it was on sale and she really needs it

So here the Heinz achieved the preference as usually she purchased the Catsup product but sh purchased another product due to high advertisement

So the preference is shifted to another product

Therefore option a is correct

3 0
3 years ago
skills USA conducts various programs for its members, such as career safe, career education program , and the presidents what?
Natalija [7]
I need more detail to answer this question.

7 0
3 years ago
Read 2 more answers
Assume that a company buys a new machine for $220,000 that has a useful life of five years and a $20,000 salvage value. The new
Zarrin [17]
  • Payback period of investment- In case of capital budgeting, it refers to the amount of time taken place to recover the amount or cost of investment.
  • Initial cost of investment = Amount invested – Value of salvage sold

                                                 = $ 220000 – 10000

                                                 = $ 210,000

  • Annual Cash inflow = Contribution margin = $ 52500

  • Payback period = Initial cost of investment /Annual cash inflow

                                     =$210000 / 52500

                                     = 4.0 years

  • Answer = 4.0 years

Hence, in four years pay back period for this investment will take place

Learn more about this-

brainly.com/question/14316388

#SPJ10

8 0
2 years ago
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