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
kodGreya [7K]
3 years ago
6

How does the market price of a good in a monopoly market compare with the market price of the same good in a perfectly competiti

ve market?
A. The price is higher. B. The price is lower.
C. The prices cannot be compared.
D. The prices are the same.
Business
2 answers:
Marysya12 [62]3 years ago
6 0
<span>In a monopoly, prices are usually higher
 because there's no competition,
 whereas in a competitive market items which  are not priced orderly may never sell
so correct option is A 
hope it helps

</span>
dexar [7]3 years ago
5 0

Answer:

A. The price is higher.

Explanation:

The main difference between a competitive market and a monopolistic market is that in the competitive market the bidders have no power to influence the price, which is determined by the market through the interaction between supply and demand. In the monopolistic market, the only offeror has the power to decide the offer price. Therefore, in monopolies the price is higher than in competitive markets.

You might be interested in
Fogerty Company makes two products, titanium Hubs and Sprockets. Data regarding the two products follow:
sveta [45]

Answer:

activitity rate:

\left[\begin{array}{ccccc}$Activity&$Driver&$cost&$Total&$Rate\\$Machine Setups&setups&72,000&400&180\\$Special processing&$machine hours&200,000&5,000&40\\$General factory&$direct labor hours&816,000&24,000&34\\\end{array}\right]

sprocked unit cost: $ 38.95

hub units cost:        $  93.00

Explanation:

We divide teh cost pool over the total of the cost driver.

This give us the activitty rate.

Then we multiply each rate by the use of each product:

And divide by the total units to get the unti manufacturing overhead

\left[\begin{array}{ccc}$Activity&$Hubs&$Sprockets\\$Machine Setups&18,000&54,000\\$Special processing&200,000&0\\$General factory&272,000&54,4000\\$Total&490,000&598,000\\$Units&10,000&40,000\\$Overhead per unit&49&14.95\\\end{array}\right]

Finally we add the cost component:

Sprocked:

materials $ 18 + $ 15 x 0.40 units + $ 14.95 = 38.95

Hubs

materials $ 32 + $ 15 x 0.80 units + $ 49 = 93

7 0
3 years ago
6. Which of the following could cause a change in the demand curve?
Nikitich [7]

Answer:

I think that there will be change in the population consuming the good because the goods are sold according to population who consumes it.The goods are sold according to the people .If there will be a lot of population consuming the good then the business can grow rapidly . But if there will be less population then people cant sold much goods.

7 0
2 years ago
What would be the best action for someone who is spending more than she is earning?
meriva
I think that it might be C
4 0
2 years ago
A family wishes to accumulate 50,000 i a college education fund by the end of 20 years. If they deposit 1,000 into the fund at t
Charra [1.4K]

Answer:651.73

Explanation:

1,000s20|0.07+Xs10|0.07= 50,000. Therefore,X=50,000-1,000s20|s10|=50,000-40,995.4313.81643= 651.73

8 0
3 years ago
Assume that the expected future dividends (D) at end of periods 1,2, and 3, as well as the expected future price (P) at end of p
MariettaO [177]

Answer:

$66.9725

Explanation:

Data provided in the question:

Dividend:

D1 = $1.20

D2 = $1.40

D3 = $1.55

Expected future price, P3 = $82

Required return = 8.9 percent = 0.089

Now,

Stock price today = Present value of dividends and the future value

Stock price today = \frac{1.20}{(1+0.089)}+\frac{1.40}{(1+0.089)^2}+\frac{1.55}{(1+0.089)^3}+\frac{82}{(1+0.089)^3}

or

Stock price today = 1.1019 + 1.1805 + 1.2001 + 63.49

or

Stock price today = $66.9725

8 0
3 years ago
Other questions:
  • Riverwalk Corporation is liquidated, with Juan receiving $5,000 in money, other property having a $6,000 FMV, and a $1,000 mortg
    12·2 answers
  • Mayer’s philosopohy of never using debt to finance operations or expansion was born during the Great Depression and passed on to
    8·1 answer
  • A customer buys $100,000 of a new issue 30 year U.S. Government bond at 80. At maturity, the customer will have:
    6·1 answer
  • Effective multichannel operations require an integrated crm (customer relationship management) system with a centralized custome
    5·1 answer
  • Which choice shows the stages of the business cycle in the correct order?
    9·2 answers
  • An arrangement in which the seller carries back a note executed by the buyer to evidence a debt owed for the purchase of the sel
    9·1 answer
  • A manufacturing company has a beginning finished goods inventory of $27,300, cost of goods manufactured of $57,500, and an endin
    15·1 answer
  • New Business Ventures, Inc., has an outstanding perpetual bond with a coupon rate of 11 percent that can be called in one year.
    14·1 answer
  • Insurance.Susan,a trained nurse,was recently elected to the U.S.Senate.Susan is very concerned about the lack of insurance for m
    11·1 answer
  • Assume that an appliance manufacturer is employing variable resources X and Y in such amounts that the MRPs of the last units of
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!