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zzz [600]
2 years ago
15

the graph shows the curves facing a profit maximizing monopolistic competitor. label each curve with the appropriate term.

Business
1 answer:
Katen [24]2 years ago
4 0

A monopoly is a market situation in which a good or service is offered by only one company. The existence of a monopoly presupposes that there are no other exchangeable products on the market for buyers.  

The conditions that can cause the creation of a monopoly are many: state legislation that prohibits other companies from operating in a market, the overwhelming superiority of a company over its competitors, the neutralization of rivals with appropriate strategies by the monopoly company, and special market characteristics that allow profitably running just one business, between others.

The monopoly company has the ability to influence the quantity or price of a good, as it wants, since it can and does control the market.

Learn more in brainly.com/question/5992626

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A company records an adjusting journal entry to record $10,000 depreciation expense. Which of the following describes the entry?
Pavlova-9 [17]

Answer:

(B) Debit Depreciation expense and Credit Property Plant and Equipment

Explanation:

the depreciation is the accrued expense recognize for the effect on time on the firm's assets. There is no cash involve in a depreciation It is an accounting expense. So A and C cannot be coorect.

As the depreciation is an expense, it will be debited. not credited. so D is incorect as well.

The net income is a figure which resumes the expenses and revenues of the company. It is not an account thus, it can't be debited or credited. Making E incorrect as well.

8 0
3 years ago
How a product or service will be conceived or designed, how much it should cost, where and how it will be promoted, and how it w
Allisa [31]

Answer:

Marketing Plan

Explanation:

The marketing strategy of the company is one of the most crucial components of development and growth for the company.

It includes all the activities in which the company makes a strategy and plan of how shall the product be developed, what should be an approximate level of acceptance of cost, and further how it shall be ultimately delivered to maximum consumers.

It is thus, comprised of various steps involved as it relates to a complete task from the beginning to the end of producing and delivering the product.

6 0
3 years ago
Store A uses the newsvendor model to manage its inventory. Demand for its product is normally distributed with a mean of 500 and
Llana [10]

Answer:

maximum profit = $7500

so correct option is c  $7500

Explanation:

given data

mean = 500

standard deviation = 300

cost = $10

price = $25

Inventory  salvaged = $5

to find out

What is its maximum profit

solution

we get here maximum profit that is express as

maximum profit = mean × ( price - cost )   ..................................1

put here value in equation 1 we get maximum profit

maximum profit = mean × ( price - cost )

maximum profit = 500 × ( $25 - $10 )

maximum profit = 500 × $15

maximum profit = $7500

so correct option is c  $7500

4 0
3 years ago
Economics can be defined as the study of?
bazaltina [42]
For whom resources are allocated to increase efficiency. economics can as well be described as the production, distribution and consumption of goods and services. scarce resources that have alternative uses 
7 0
3 years ago
Do you think volleyball is stupid yes or no
labwork [276]

Question: Do you think volleyball is stupid yes or no?

Answer: No, because it  is in fact like every other sport there is a winning team and a losing team and both teams have to come up with strategies to win the game. I think that volleyball is a really good sport for both men and woman to play/compete in.

In conclusion I think that volleyball is actually a really good game because by the time you are done playing either you win or you lose you are aready out of energy. So no volleyball is not a stupid game because it is like any other sprt it is a winner and loser game.

I hope this helps :)

8 0
3 years ago
Read 2 more answers
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