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Dmitrij [34]
3 years ago
11

The toothpaste aisle at a large store that sells personal care products contains many versions of toothpaste produced by a small

number of sellers. This indicates that toothpaste producers are best categorized as Select the best answer below.
A. perfectly competitive firms; price gouging
B. oligopoly firms; supply restrictions
C. monopolistically competitive firms; product differentiation thru advertising
D. monopoly firms; price discrimination through group pricing schemes
E. perfectly competitive firms; brand advertising
Business
1 answer:
hodyreva [135]3 years ago
8 0

Answer:

C. monopolistically competitive firms; product differentiation thru advertising

Explanation:

A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopolistic has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.

An example of monopolistic competition are restaurants  

Due to the fact that their are different versions of the same product (tooth paste), producers would have to advertise their products in order to attract customers.

Also, only one product is sold, toothpaste, but different versions of it are sold. This is referred to as product differentiation

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In case whereby, promotion stimulates demand, then it could bring about lower prices for consumers which can be regarded as promotional issue to the brand.

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We can conclude that for promotion to stimulates demand, the result could be lowering of price of goods for the consumer.

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6 0
2 years ago
Next Saturday, best friend, Sol, and I will have separate acts in a citywide talent contest. But we've just made a _____ with ea
Bas_tet [7]

Answer:

truce

Explanation:

Here is the full question :

Next Saturday, my best friend. Sol and I will have separate acts in a citywide talent contest. But

we've just made a _____with each other that will help us from feeling jealous if one of us

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Which word BEST completes the sentence?

truce

alliance

treaty

pact

A truce is an agreement between people to stop fighting for a limited.

Sol and his best friend made an agreement that would stop them from fighting

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3 0
3 years ago
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An investor purchases a long call at a price of $3.35. The strike price at expiration is $52. If the current stock price is $52.
alekssr [168]

Answer:Break Even Point ,BEP = $55.35

Explanation:

Break Even Point= strike price+ long call price

given that, strike price at expiration= <em>$52</em>

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<em>BEP = $52+$3.35</em>

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Although as stated in the question, the current stock price is <em>$52.10</em>.

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Stock and bond markets:
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