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lara [203]
2 years ago
14

True or False: This indicates that there is excess capacity in the market for bats. True False Monopolistic competition may also

be socially inefficient because there are too many or too few firms in the market. The presence of theproduct variety externality implies that there is too much entry of new firms in the market.
Business
1 answer:
KonstantinChe [14]2 years ago
3 0

Answer:

False

False

Explanation:

Monopolistic competition is a type of imperfect market where there are many seller competing with each other but with differentiated products. Monopolistic competition is socially inefficient. The product variety externality implies that there is too little entry of new firms in the market.

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In 3-4 sentences describe how economic liberty helps water the "money tree" in a free enterprise.
il63 [147K]

Answer:

It helps giving you the ability to choose what you think is best for your business

Explanation:

Vic, using the money tree metaphor is awesome in order to explain. Think about your free enterprise (let’s say… a store that sells trees!).

What you need in order to start and run a business? A place to sell those trees, employees, products, infrastructure, etc., and capital to fund all that. All that business plans and models that you will develop in order to have a successful business will require that you make economic decisions, actions. And, in order to make those decisions, you need economic liberty, which is exactly the ability one has to make economic decisions without political, economic or social blocks.

Imagine that in your region you can only sell trees with red leaves, or your trees are taxed much more than trees coming from overseas, or that employment law requires that no employee gets near a plant (who knows, it could be to prevent allergic season!). That would make super hard to develop your business right?

That’s how economic liberty could help you grow your money tree; into giving you the ability to choose what you think is best for your business.

6 0
3 years ago
Sunland Company is a merchandising firm. Last year the company reported sales of $676000 and cost of goods sold of $404600. The
Arisa [49]

Answer:

$54,020

Explanation:

Total fixed costs = Fixed selling and administrative expenses

Total fixed costs = $54,020

Thus, the total fixed costs for the firm is $54,020

4 0
3 years ago
The way to do inventory on bottles of liquid is:​
babunello [35]

The way to do inventory on bottles of liquid is count the bottles by the way they are positioned. See the bottles as if they are in a graph. Maybe a 5x9. then you know you have 45 bottles!

5 0
3 years ago
How a company can achieve lower production costs and increase productivity
Softa [21]

Answer:

by improving quality of its products or services are as follows: ... So this budget can be reduced due to improving quality of goods.

Explanation:

Production involves all activities that consist of the output of goods and services demanded by people for which they pay the cost.

A company can achieve lower production costs and increase productivity by improving quality of its products or services so that budget can be reduced by correcting any quality issue in the product or service which can be expensive, but less than external failures

Also, production equipment efficiency can be increased if preventive maintenance can be followed as it helps to reduce operating costs per unit.

 

5 0
3 years ago
In 2016, a grandfather gave a life estate to his grandson and a remainder interest to his granddaughter. Each interest is valued
ycow [4]
The gift to the grandaughter is <span>Partially shielded by the annual gift tax exclusion.   In the year of 2016, the federal government created </span><span>the </span>estate<span> and gift </span>tax exemption<span> is $5.45 million per individual.
Which means that the inheritence that given to the granddaughter would be tax free as long as it does not surpass the net value of 5.45 million.</span>
7 0
3 years ago
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