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
Alborosie
2 years ago
15

What is the distinguishing feature of a market structure with monopolistic competition?

Business
1 answer:
Elza [17]2 years ago
7 0

Answer:

look below

Explanation:

Monopolistic competition is a market structure defined by four main characteristics: large numbers of buyers and sellers; perfect information; low entry and exit barriers; similar but differentiated goods.

Would be much appreictaed if you could lookat my recent question posted and see if you could be of any help:)

You might be interested in
Suppose canada has a population of 30 million people, and labore force participation rate of 2/3. furthermoew, suppose the natur
Tatiana [17]

Inflation is 110

<u>Explanation:</u>

The consumer price index is the ratio of the basket prices of the current year to the basket price of the base year multipliers by 100, this helps us to determine inflation

now, cpi in second year = 5500 / 5000^{*} 100

                                         = 110

7 0
3 years ago
Read 2 more answers
During its first year of operations, Novak Corp. Had these transactions pertaining to its common stock. Jan. 10 Issued 26,000 sh
bonufazy [111]

The journal entries to record the common stock transactions under the two scenarios are as follows:

a) Assuming that the common stock has a par value of $4 per share:

Jan. 10 Debit Cash $104,000

Common Stock $104,000

July 1 Debit Cash $495,000

Common Stock $220,000

Additional Paid-in Capital $275,000

b) Assuming that the common stock is no-par with a stated value of $3 per share

Jan. 10 Cash $104,000 Common Stock $78,000 Additional Paid-in Capital $26,000

July 1 Cash $495,000 Common Stock $165,000 Additional Paid-in Capital $330,000

<h3>What is the difference between par value and stated value?</h3>

There is <u>no major difference</u> between the par value and the stated value of the common stock, except as follows.

While the stated value is assigned when there is no par value for accounting purposes, the par value is assigned when the shares are authorized for issuance.

The two function as the face value of the shares which can be compared to the market value to discover if there is additional paid-in capital or not.

<h3>Data and Calculations:</h3>

a) Jan. 10 Cash $104,000 Common Stock $104,000

July 1 Cash $495,000 Common Stock $220,000 Additional Paid-in Capital $275,000

b) Jan. 10 Cash $104,000 Common Stock $78,000 Additional Paid-in Capital $26,000

July 1 Cash $495,000 Common Stock $165,000 Additional Paid-in Capital $330,000

Learn more about recording stock issuance transactions at brainly.com/question/17201601

7 0
2 years ago
At the beginning of the current period, crane company had balances in accounts receivable of $192,800 and in allowance for doubt
Ainat [17]

This is too confusing

6 0
3 years ago
An establishment owned by two or more persons in which only one person has unlimited personal liability for the business describ
chubhunter [2.5K]
Limited partnerships
4 0
3 years ago
The difference between the minimum price at which a producer is willing and able to sell a unit of a good or service and the pri
kap26 [50]

Answer:

Seller Surplus

Explanation:

In business terms, there is a difference in the expected value what a seller expects to receive from the products it sells and from the amount it actually earns.

The cost of the product not only involves the monetary cost but it also involves the cost in terms of efforts involved to produce an article.

When a seller puts a product in the market, then he tries to have it a market value more than its cost. When such market value is realised then the difference in cost and market value is surplus for the supplier or producer.

But in cases where the consumer is efficient enough to bargain such product and only pays an amount which is less than the cost, then there arises seller deficit, which is represented as a negative seller surplus.

4 0
3 years ago
Other questions:
  • Which of these actions could constitute a breach of the Civil Rights Act?
    12·1 answer
  • Match each of the global business practices with an example of its use.
    5·1 answer
  • Pensacola Inc exchanged old equipment for new equipment in two exchange transactions. Each transaction has commercial substance
    15·1 answer
  • You are a loan officer at a bank. An applicant comes to
    10·1 answer
  • __________ departs from the often dimly lit restaurant operated by a Chinese family and offers, instead, an exhibition kitchen.
    11·1 answer
  • Zhang Industries budgets production of 290 units in June and 300 units in July. Each unit requires 1.5 hours of direct labor. Th
    15·1 answer
  • Norman Pilbarra submits a market order to buy 400 shares. What is the maximum price that he will pay?
    12·1 answer
  • 1. Using income statement data for Neros, prepare a December income statement dated December 31. 2. If Neros pays a cash dividen
    6·1 answer
  • The August 31 balance shown on the bank statement is $9,813.
    13·1 answer
  • Marriott builds a hotel for $34 million and sells it to a banking
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!