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tekilochka [14]
3 years ago
15

Which statement is false? A. A monopoly sells lower-quality products at higher prices than in a perfect competition. B. Natural

monopolies are necessary to avoid wasteful duplication of resources. C. Collusion is legal in the United States, but cartels are not. D. The start-up costs in a monopolistically competitive industry are low. E. Homogeneous products leave consumers with no choice.
Business
1 answer:
NeX [460]3 years ago
4 0

Answer:

The correct answer would be option E, Homogeneous products leave consumers with no choice, which means this statement is False.

Explanation:

Homogeneous products leave consumers with no choice is the False statement, because homogeneous products are the products which cannot be differentiated or distinguished from each other. They have almost exact physical characteristics and properties. People cannot differentiate the products of different suppliers.

So homogeneous products have a lot of substitutes, people have a vast choice range for such products. For example if you go for grocery, you can find different apples coming through different suppliers from different countries, and you are clearly not able to differentiate between them, yet you have a vast range of choice to select from the apples you like.

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Gary did not pay his past three payments on his mortgage. What is the possible consequence he is facing?
Lapatulllka [165]

Answer: Foreclosure

Foreclosure refers to a bank’s act of taking possession of a mortgaged property when the mortgage holder fails to make the monthly mortgage payments.  

Foreclosure occurs when a home owner does not pay his monthly loan instalments for three consecutive months.

It is a legal process in which the home owner loses the ownership of the property and the banker gets the right to sell off the property in order to make up the loss on account of non payment.



6 0
3 years ago
In one hour, the United States can produce 25 tons of steel or 250 automobiles. In one hour, Japan can produce 30 tons of steel
Whitepunk [10]

Answer:

For USA

Opportunity cost of 1 ton of steel = 250 / 25 = 10 automobiles

opportunity cost of 1 auto mobile = 25 / 250 = 0.1 ton of steel

For Japan

Opportunity cost of 1 ton of steel = 275 / 30 = 9.17 automobiles

opportunity cost of 1 auto mobile = 30 / 275 = 0.109 ton of steel

Japan will produce steel and US will produce automobile

option D is correct answer

Explanation:

3 0
3 years ago
Jack agrees to sell tyler his pocketknife for 3baseball cards. Tyler sells his soccer ball for 2 baseball cards. I’m what way ar
kupik [55]

onle sì djo sicom

Explanation:

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3 0
2 years ago
A change from an inefficient mix to an efficient mix of output would best be represented with a production possibilities frontie
barxatty [35]
It would be best presented as <span>movement from inside the PPF onto the PPF
The curve of </span>The production possibility frontier (<span>PPF) will show the curve that project/depict the possibilities for maximum output possibilities for two different goods. The projection that shown by the PPF is created with the assumptions that all resources are used efficiently.</span>
7 0
3 years ago
​________ is the difference between the prospective​ customer's evaluation of all the benefits and all the costs of an offering
alisha [4.7K]

Answer:

Customer Perceived Value (CPV)

Explanation:

CPV is associated with product marketing and branding. It state that success of  product depends on customer perception about the product or service ability to setify their needs. Customers interpret and react to marketing messages.

3 0
2 years ago
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