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
A company has budgeted direct materials purchases of $210000 in July and $390000 in August. Past experience indicates that the c
Alja [10]

Answer:

$486,000

Explanation:

According to the scenario, computation of the given data are as follow:-

                          Budgeted Cash Disbursements for August

Particular                                                           Amount ($)

Direct material purchase for July ($210,000 × 30%) 63,000

Direct material purchase for August ($390,000 × 70%) 273,000

Add-wages paid 50,000

Add: Office equipment purchase 62,000

Add: Selling and administrative expenses 38,000

Total                                                           486,000

The depreciation is a non cash expense and the same is not relevant. Hence, ignored it

7 0
3 years ago
9.   The factor that has the greatest impact on your credit score is
ohaa [14]
The answer to your question is loans
8 0
3 years ago
My cat is sad... Help...
aleksley [76]

Answer:

its deppresed

Explanation:

8 0
2 years ago
Read 2 more answers
If you are planning to carry a large balance on your credit card, which of the following credit card features should you look fo
balu736 [363]
Big intrrest most likely                                       
5 0
3 years ago
The Federal Application for Student Aid (FAFSA) form:
bixtya [17]
The annswer is A

hope this helps . give brainliest
thanks 
7 0
3 years ago
Read 2 more answers
Other questions:
  • According to the Consider This box about hypothetical countries Slogo, Sumgo, and Speedo, small differences in __________ make f
    9·1 answer
  • The Peach State Onion​ Company's onion-bagging machine was found to operate at mean​ = 25.05 pounds with a standard deviation of
    14·1 answer
  • Darius rarely makes mistakes as the accountant for the round-tuit corporation. he always follows the correct guidelines when he
    13·1 answer
  • When a company issued 25,000 shares of $1 par value common stock for $10 per share, the journal entry for this issuance would in
    11·1 answer
  • Flannigan Company manufactures and sells a single product that sells for $450 per unit; variable costs are $270. Annual fixed co
    11·2 answers
  • Transaction processing systems are most commonly encountered at the senior management level of an organization.
    8·1 answer
  • ______ consists of a set of techniques and principles for systematically collecting, recording, analyzing, and interpreting data
    11·1 answer
  • Sales for the last four months of the year for a company are listed below. What is the average of the sales for these four month
    7·2 answers
  • Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. Match
    10·1 answer
  • It is estimated the national cost of overweight and obesity combined each year is:________
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!