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natima [27]
3 years ago
6

Monopolistic competition resembles pure competition because

Business
1 answer:
n200080 [17]3 years ago
4 0

Answer:

Monopolistic competition resembles pure competition because: barriers to entry are neither weak or nonexistent.

Explanation:

Both market structures have many sellers and free entry and exit. Thus, profits are driven to zero in the long run.

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Suppose that a very small economy produces only televisions and computers. Using the information below, what is the nation’s nom
Licemer1 [7]
The nation's nominal GDP does not take inflation into account. To solve this problem, we simply calculate the nation's nominal GDP in Year 4, ignoring the base prices. Keep in mind that if we were calculating real GDP, we would have to use the base year prices in our GDP calculation. 

Year 4:
Computers: 17 x 2200 = 37,400
Televisions: 20 x 550 =   11,000 +
Total GDP                                     =$48,400
Answer is C) 48,400
6 0
4 years ago
A company is considering the purchase of a new machine for $48,000. Management predicts that the machine can produce sales of $1
dolphi86 [110]

Answer:

Accounting rate of return is 10%

Explanation:

Given data

new machine = $48,000

sales = $16,000

time = 10 year

depreciation = $4,000 / year

factory overhead  = $8,000 + depreciation $4,000

net income = $2400

tax rate = 40%

to find out

accounting rate of return for the machine

solution

we know that

Accounting rate of return =  after tax net income / average investment

so here we know net income after tax = $2400

so we find investment first

Average investment = (Initial investment) / 2

Average investment = 48000 / 2 = $24000

so

Accounting rate of return =  after tax net income / average investment

Accounting rate of return =  2400 / 24000  = 0.1 = 10%

Accounting rate of return is 10%

6 0
4 years ago
Gregory is a manager in an insurance company and heads a team of 30 agents. In order to meet the company's target, every agent n
WITCHER [35]

Answer:

E. Exchange

Explanation:

-Pressure: Is to force compliance by using intimidation.

-Ingratiation: Is becoming more likeable to ask for something.

-Coalition: Is to get people to help you to convince someone

-Personal appeal: Is to use friendship to ask for something

-Exchange: Is to offer or promise something to receive something else in return

According to this, the influence tactic that Gregory is using is Exchange because Gregory promised his agents a bonus if they meet the target.

5 0
3 years ago
Read 2 more answers
Bricktown Exchange purchases a copyright for $50,000. The copyright has a remaining legal life of 25 years, but only an expected
son4ous [18]

Answer:

Correct option is (D)

Explanation:

Given:

Purchase price of copyright = $50,000

Expected useful life = 5 years

Annual depreciation expense as per straight line method:

= Purchase price ÷ useful life

= 50,000 ÷ 5

= $10,000

Only useful life is considered and not legal life.

Carrying value of asset at the end of year = Book value of asset - annual depreciation

Carrying value of copyright at then end of first year = 50,000 - 10,000 = $40,000

Carrying value of copyright at then end of second year = 40,000 - 10,000 = $30,000

5 0
4 years ago
Today's companies compete in a:________
r-ruslan [8.4K]

The Right Response is Option B

b) Borderless World

Today's companies compete in a <u>borderless world.</u>

  • The process of contact and integration between individuals, organisations, and governments on a global scale is known as globalisation or globalisation. Since the 18th century, globalisation has increased due to advancements in communications and transportation technologies.
<h3><u>What effects has globalisation had?</u></h3>
  • Globalization often lowers the cost of production. This implies that businesses may charge customers less for their products. One important factor that raises the level of life is the average cost of commodities. Additionally, consumers have access to a greater range of items.

To Learn more about Globalization, click the Links.

brainly.com/question/15283031

brainly.com/question/16499151

#SPJ4

6 0
2 years ago
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