Answer:
1. Faces a downward-sloping demand curve
- BOTH MONOPOLIES AND MONOPOLISTICALLY COMPETITIVE FIRMS HAVE A DOWNWARD SLOPING DEMAND CURVE
2. Has marginal revenue less than price
3. Faces the entry of new firms selling similar products
- NEITHER, SINCE MONOPOLISTICALLY COMPETITIVE FIRMS OFFER DIFFERENTIATED PRODUCTS, NEW COMPETITORS WILL NOT OFFER SIMILAR PRODUCTS. MONOPOLIES HAVE THE ADVANTAGE OF BARRIER ENTRIES THAT PREVENT NEW FIRMS FORM ENTERING THE MARKET.
4. Earns economic profit in the long run
- ONLY MONOPOLIES, BECAUSE MARKET BARRIERS PREVENT NEW FIRMS FROM ENTERING THE MARKET.
5. Equates marginal revenue and marginal cost
- BOTH MONOPOLIES AND MONOPOLISTICALLY COMPETITIVE FIRMS MAXIMIZE ACCOUNTING PROFITS AT THIS POINT
6. Produces the socially efficient quantity of output
Answer:
$488.89
Explanation:
Data provided in the question:
Interest rate = 6% = 0.06
Since the interest is compounded quarterly, n = 4
Interest rate per period = 0.06 ÷ 4 = 0.015
Time = 12 months i.e 1 year
Future value = $6,000
Therefore,
Annuity per quarter = Future value × ![[\frac{r}{(1+r)^n-1}]](https://tex.z-dn.net/?f=%5B%5Cfrac%7Br%7D%7B%281%2Br%29%5En-1%7D%5D)
or
Annuity per quarter = $6,000 × ![[\frac{0.015}{(1+0.015)^4-1}]](https://tex.z-dn.net/?f=%5B%5Cfrac%7B0.015%7D%7B%281%2B0.015%29%5E4-1%7D%5D)
or
Annuity per quarter = $6,000 × 0.244
or
Annuity per quarter = $1466.67
Therefore,
Deposits per quarter = Annuity per quarter ÷ Number of months per quarter
= $1466.67 ÷ 3
= $488.89
<span>Supply-side economics is the economic theory that Ronald Reagan base his policies upon after becoming President in 1980.Supply side economics theory is about being focus on the capital or supply in order to grow the economy. It is also called as macroeconomics theory.</span>
Answer:
Statistics is extended part of mathematics were you deal about only formulas numbers and business statistics deals about your knowledge about financial business marketing.