Compared to perfect competition, when a consumer purchases a product from a monopolistically competitive firm, the consumer benefits from purchasing a product that is more closely suited to their tastesis more closely suited to their tastes.
In the monetary concept, best competition happens when all agencies promote identical products, marketplace proportion does now not affect the rate, groups are able to input or exit without barrier, consumers have the best or complete records, and companies can not determine fees.
In economics, specifically trendy equilibrium idea, a great marketplace, additionally called an atomistic marketplace, is described by several idealizing situations, collectively referred to as ideal opposition, or atomistic competition.
Perfect competition is a monetary term that refers to a theoretical marketplace shape in which all providers are identical and usual supply and demand are in equilibrium. For instance, if there are numerous firms producing a commodity and no person firm has a aggressive gain, there is ideal opposition.
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As Nepal is investing less in capital goods so as to shift the PPF of America outward quicker in comparison to Nepal which is extra eating. the answer is "C".
Capital goods are bodily assets that a company makes use of within the manufacturing process to fabricate products and services that consumers will later use. Capital goods include buildings, equipment, system, automobiles, and gear.
Capital goods check with merchandise that can be used within the manufacturing of other merchandise but isn't included in the brand new product. these consist of gadget tools, commercial equipment, method plant gadget, production & mining gadget, electrical system, fabric equipment, printing & packaging machinery, and so on.
Capital items are the assets used by agencies within the course of producing their services and products and can consist of homes, equipment, gear, and equipment.
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I think D I’m not sure sorry that’s all I can do
Complete Question:
Which method of entering a foreign market has a domestic firm actively managing a foreign company or overseas facility?
Group of answer choices
A. joint venture
B. direct ownership
C. exporting
D. licensing
E. contract manufacturing
Answer:
B. Direct ownership.
Explanation:
Direct ownership is a method of entering a foreign market that has a domestic firm actively managing a foreign company or overseas facility.
Generally, it considered to be a good option when there exist similarities between the domestic and foreign cultures and when political risks associated with the market are very minimal or little.
However, direct ownership is considered to be the riskiest method of entering a foreign market and it typically requires more commitment from the business owner than any other method of entering a foreign market such as joint ventures, exporting, licensing, contract manufacturing, piggybacking, franchising etc.
Answer:
B) $2,600
Explanation:
Retained earnings in each is computed as net income minus dividends
In year 2016 retained earnings=$1200-$200=$1000
In year 2017 retained earnings=2016 retained earnings+net income-dividends
2017 retained earnings=$1000-$500+$0=$500
2018 retained earnings=2017 retained earnings+net income-dividends
2018 retained earnings=$500+$2,300-$200
2018 retained earnings=$2,600