All categories

2 years ago

What differences and similarities exist between monopolistic competitive firms and perfect competitive firms?

Business

1 answer:

astraxan [27]2 years ago

4 0

Answer:

In perfect competition, the product offered is standardized whereas in monopolistic competition product differentiation is there. In monopolistic competition, every firm offers products at its own price. ... Entry and Exit are comparatively easy in perfect competition than in monopolistic competition.

Explanation:

(hope this helps)

You might be interested in

Josh is convinced that subgroups exist within his company’s current customer base. Further, he believes that these different gro

Radda [10]

Answer:

The options are given below:

A. clustering

B. segmenting

C. positioning

D. customer lifetime value

the correct option is A.

Explanation:

Clustering, or cluster analysis, is a process which refers to the organization of objects or items into groups who have members with similar traits with respect to a particular criterion. In other words, a cluster refers to a collection of similar objects which are different from the objects of other clusters.

In the scenario presented above, we can see that different groups of customers exist, who have different reasons for purchasing the company's brand. These reasons are different from one group to another group, this is why a cluster analysis is the best option.

7 0

2 years ago

For higher levels of management, responsibility accounting reports:

Yuri [45]

Answer:

Option A is correct one.

<u>Are more summarised than for lower levels of management</u>

Explanation:

For higher levels of management, responsibility accounting reports<u> are more summarised than for lower levels of management.</u>

It is a summarised report facilitating the higher levels of management in order to keep a track of performance of low level management.

5 0

2 years ago

Over time, external monitoring processes should capture information about the external environment in a format that can be refer

mamaluj [8]

Answer:

True

when monitoring processes are observed when threats emerge the organization will know how to tackle the threats

6 0

2 years ago

Simpkins Corporation does not pay any dividends because it is expanding rapidly and needs to retain all of its earnings. However

suter [353]

Answer:

The stock will trade for 4.30 dollars in the market

Explanation:

The stock will be valued at the discounted value of their future cash flow.

w calculate the cas flow by multiplying by the grow rate given.

Then we discount using the present value of a lump sum:

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $0.5000

time 3.00

rate 0.18

$\frac{0.5}{(1 + 0.18)^{3} } = PV$

PV 0.30

Then, for the entire of the dividend after year 6th we use the gordon model:

dividends / (rate - grow) and then we discount that

$\frac{dividends}{return - growh}$

Y# Cashflow Discounted

0 0

1 0

2 0

3 0.5 0.304315436

4 0.825 0.425525822

5 1.36125 0.595014921

6 1.4565375 2.971555503

Total 4.296411682

8 0

3 years ago

Assume Clarks cannot estimate the standalone selling price of a pair of SunBoots sold without a coupon. Prepare a journal entry

kicyunya [14]

Answer and Explanation:

The journal entry is shown below:

Cash Dr (1,000 × $65) $65,000

To Sales revenue $59,000

To Deferred Revenue -Discount coupon $6,000

(1,000 × $100 × 30% × 20%)

(Being the sales revenue is recorded)

here the cash is debited as it increased the assets and credited the sales revenue and deferred revenue as it increased the revenue and liabilities

7 0

2 years ago