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DiKsa [7]
3 years ago
7

What role does advertising play in monopolistic competition?

Business
1 answer:
Rasek [7]3 years ago
5 0

Advertising is a technique used by firms in monopolistic competition to create product differentiation. The goal of product differentiation and advertising in monopolistic competition is to make sure the the market is under control, and as a result, charge a higher price

Explanation:

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If you are indifferent between investing​ $1,000 for one year in a U.S. Treasury security that has an interest rate of​ 5% or in
Harlamova29_29 [7]

Answer:

The correct answer is option A.

Explanation:

A person is indifferent between investing $1,000 in a US treasury security that has an interest rate of 5% or on Canadian government security that has an interest rate of 8%.  

If the person is indifferent it means that the person is expecting the same profit from both the alternatives. But the interest rate is higher in the case of Canadian security. The difference between the two interest rates is 3%.

This indicates that the person is expecting the value of US dollars to increase or appreciate by 3%.

3 0
3 years ago
Data concerning Bedwell Enterprises Corporation's single product appear below: Selling price per unit $ 160.00 Variable expense
coldgirl [10]

Answer:

the unit sales to attain the monthly target profit is 4,280.08 units

Explanation:

The computation of the unit sales to attain the monthly target profit is shown below:

= (Fixed expense + target profit) ÷ (selling price per unit - variable cost per unit)

= ($387,040 + $17,000) ÷ ($160 - $65.60)

= $404,040 ÷ $94.40 per unit

= 4,280.08 units

Hence, the unit sales to attain the monthly target profit is 4,280.08 units

5 0
3 years ago
Sheffield Company purchased machinery on January 1, 2020, for $93,600. The machinery is estimated to have a salvage value of $9,
Makovka662 [10]

Answer:

Depreciation for 2020 is $18,720

Explanation:

Sum-of-the-years'-digit method is computed as follows:

FORMULA:

 Number of years of estimated life

<u>remaining at the beginning of the year </u>  x (Cost of an asset - salvage value)

                           SYD

SYD = n(n+1) / 2

where n is the estimated useful life of an asset.

SYD = 8(8+1) / 2

SYD = 8 x 9 / 2

SYD = 36

To compute for the depreciation expense for 2020, the computation is,

No. of years of estimated remaining life of an asset / SYD x (Cost of an asset - salvage value)

8 / 36 x ($93,600 - $9,360)

= 0.22222 x $84,240

= $18,720

4 0
3 years ago
A business function, like accounting and human resources, which moves information about people, products, and processes across t
Whitepunk [10]

Answer:

The correct answer is "management information systems"

Explanation:

The management information system (MIS) is a system of financial information, such as accounting and human resources, that provides valuable information in order to take business decisions and solve the problems of the company. The management information system generates normal reports on operations for every level of management.

8 0
3 years ago
What are some agricultural specialties in brazil, colombia, chile, and argentina? (list one for each?
Pavlova-9 [17]
The agriculture in Brazil is focused on sugarcane. Ethanol is also produced by the Brazilian sugarcane industry. The primarily agricultural product of Colombia is coffee. Colombia is the 4th largest producer of coffee in the world.    Chile is the large producer of apples, pears and grapes ( fruit industry ). One forth of the Argentina exports are mostly cereals: corn, soybean, wheat and maize.
Answer:
Brazil - sugarcane,
Colombia - coffee,
Chile - fruit industry,
Argentina - cereals.
3 0
3 years ago
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