An example of monopolistic competition is the restaurant market. The Option B is correct.
What is a monopolistic competition?Basically, a monopolistic competition refers to a type of imperfect competition where there are many producers competing against each other but the selling products that are differentiated from one another and hence are not perfect substitutes
The monopolistic competition exists when many companies offer competing products or services that are similar but not perfect, substitutes. The overall barriers to entry in a monopolistic competitive industry are low and the decisions of any one firm do not directly affect its competitors. The competing companies, therein the market, differentiate themselves based on pricing and marketing decisions.
In conclusion, a restaurants, hair salons, household items, and clothing are examples of industries with monopolistic competition. Some items like dish soap or hamburgers are sold, marketed, and priced by many competing companies.
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if rachel quits the company after two years, what effect will her resignation have on her retirement plan?
When you leave your company, choose to leave the pension plan, or cease contributing to it, you are no longer a part of the Retirement plan. What you've created is still yours. Typically, you have the choice of leaving your pension where it is or moving it to another Retirement plan.
Retirement is the cessation of one's employment, occupation, or active working life. Another way to semi-retire is to work fewer hours or with less job. When they are old or unable to work due to health issues, many people decide to retire. People may also choose to retire if they are qualified for private or public pension benefits, while some people are compelled to do so due to physical limitations or because of laws governing their professions. The concept of retiring was first popularized in the late nineteenth and early twentieth centuries in the majority of nations. Prior to the advent of social security, pension plans, and low life expectancy.
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An organization has a system in place that allows one salesperson to update contact information for a client, simultaneously updating the same information for all other employees.a. True
b. False
True, An organization has a system in place that allows one salesperson to update contact information for a client, simultaneously updating the same information for all other employees.
The salesperson is accountable for greeting clients, serving them notice things within the store, and ringing up purchases. To achieve success as a salesman you need to have wonderful communication skills. an honest salesperson meets sales objectives while remaining polite and useful to customers. Responsibilities of a salesperson are :
Present, promote, and sell products/services victimization solid arguments to existing and prospective customers.Perform cost-benefit and desires analysis of existing/potential customers to fulfill their needs.Establish, develop and maintain positive business and customer relationships. The 5 varieties are the Challenger, the laborious Worker, the Lone Wolf, the connection Builder, and also the drawback Solver. These profiles verify how a salesperson interacts with prospects and closes deals.
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training and incentives are the keys to the successful acceptance and implementation of policies and procedures governing waste and error prevention. t or f
The successful acceptance and execution of policies and procedures governing waste and mistake prevention depend on training and communication. Hence the given statement is False.
What is policy implementation ?A series of actions conducted by governmental and non-governmental organizations to achieve the aims and objectives outlined in policy declarations is known as policy implementation.
Taking leadership, communication, and feedback methods as examples. For policy execution, leadership is required at all levels of the system.
As a result, the aforementioned response is the right one. The most crucial elements for the successful acceptance and execution of policies and procedures controlling waste and mistake prevention are hence training and incentives.
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27. which structure provides dual channels of authority, performance responsibility, evaluation, and control?
Matrix organizational structure provides dual channels of authority, performance responsibility, evaluation, and control.
One sort of workplace where teams report to multiple leaders is a matrix organization. In a matrix organization, team members (internal or remote) report to a project manager in addition to their department head. This management structure might help your company develop new products and services without realigning teams.
The matrix format enables teams of experts from many fields to use resources more efficiently. This reduces overhead costs and the time needed to complete the project. In a hierarchical structure, each team reports to a single manager, therefore there are fewer managers per team. These teams could take longer to finish one project deliverable because they lack members with a variety of specializations.
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suppose the marginal propensity to consume (mpc) is 0.8 and there is a $1,000 increase in autonomous consumption. given this information, real gdp will increase by
The correct answer to the given question is: the real GDP will increase by $5000
The percentage of an overall salary increase that a customer spends on purchasing goods and services rather than saving is known as the marginal propensity to consume (MPC) in economics. The keynesian macroeconomic theory includes the concept of the marginal propensity to consume, which is determined as the change in consumption divided by the change in income. C / Y, where C is the change in consumption and Y is the change in income, is the formula for calculating the marginal propensity to consume. MPC equals 0.8 / 1 = 0.8 if consumption rises by 80 cents for every dollar of new income.
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which of the four ps in the marketing mix is most directly related to the recruiting of wholesalers and retailers for a new product introduction?
The 4 play station within side the advertising blend is maximum at once associated with the recruiting of wholesalers and shops for a brand new product creation is place.
The required details for marketing mix in given paragraph
The term "advertising blend" is a basis version for businesses, traditionally targeted round product, price, place, and promotion (additionally called the "four Ps"). The advertising blend has been described as the "set of advertising gear that the organization makes use of to pursue its advertising goals within side the goal market". Marketing idea emerged within side the early twenty-first century. The modern advertising blend which has come to be the dominant framework for advertising control choices became first posted in 1984. In offerings advertising, an prolonged advertising blend is used, normally comprising 7 Ps (product, price, promotion, place, packaging, positioning and human beings), made of the authentic four Ps prolonged through process, human beings and bodily evidence.
Occasionally provider entrepreneurs will refer to eight Ps (product, price, place, promotion, human beings, positioning, packaging, and performance), comprising those 7 Ps plus performance.
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Complete question
Which of the four Ps in the marketing mix is most directly related to the recruiting of wholesalers and retailers for a new product introduction?
a. Product
b. Place
c. Promotion
d. Price
The management of Ballard MicroBrew is considering the purchase of an automated bottling machine for $120,000. The machine would replace an old piece of equipment that costs $30,000 per year to operate. The new machine would cost $12,000 per year to operate. The old machine currently in use is fully depreciated and could be sold now for a salvage value of $40,000. The new machine would have a useful life of 10 years with no salvage value.Required:1. What is the annual depreciation expense associated with the new bottling machine?2. What is the annual incremental net operating income provided by the new bottling machine?3. What is the amount of the initial investment associated with this project that should be used for calculating the simple rate of return?4. What is the simple rate of return on the new bottling machine? (Round your answer to 1 decimal place.)
$12,000 is the annual depreciation expense associated with the new bottling machine. 7.5% is the simple rate of return on the new bottling machine.
Cost savings = Equipment cost - New machine cost = 30,000 - 12,000 = 18,000. Depreciation per year = Cost of automated bottling machine ÷ Useful years = 120,000 ÷ 10 = 12,000. Simple rate of return = (Cost savings - Depreciation of new equipment) ÷ (cost - salvage of old) = (18,000 - 12,000) ÷ (120,000 - 40,000) = 6,000 ÷ 80,000 = 0.075 = 7.5%.
Depreciation is a non-cash business expense that is estimated over the time that a valuable asset is utilized by your company. The simple rate of return is calculated by dividing the additional net income anticipated from a potential investment opportunity by the initial investment.
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What is a federally sponsored corporation which insures deposits in national banks and certain other qualifying financial institutions up to a stated amount ?
Federal Deposit Insurance Corporation is a federally sponsored corporation that insures deposits in national banks and certain other qualifying financial institutions up to a stated amount.
The Federal Deposit Insurance Corporation, also known as the FDIC, is a separate department of the US government. The FDIC safeguards depositors of insured banks with locations in the US from losing their money in the event that an insured bank fails.
The FDIC administers receiverships, provides big and complicated financial institutions with resolution options, guarantees deposits, and inspects and supervises financial institutions for safety, soundness, and consumer protection.
There are just a few deposit instruments that are covered by FDIC deposit insurance, including checking and savings accounts, money market deposit accounts (MMDAs), and certificates of deposit.
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arthur is looking forward to having more time for leisure pursuits after retirement. he is excited about trying out new options. arthur should know that leisure activities pursued during retirement typically include group of answer choices more vigorous physical activities. things that have been lifelong interests. new activities never pursued before. activities that earn extra money.
Arthur should know that leisure activities pursued during retirement typically include things that have been lifelong interests.
What type of recreational activity is most popular?Only 3% of people said they did not enjoy listening to music, according to a YouGov survey of the most popular leisure activities. All age groups, from millennials to baby boomers, consistently fell into that high number.
How vital are recreational activities?Leisure time has both physiological and psychological advantages, including lower levels of tension, anxiety, and depressive symptoms, enhanced mood, and higher levels of positive emotions. Additionally, cortisol levels, blood pressure, and heart rate can all be lowered by recreational activity.
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the difference between the total reserves that a bank holds and the amount that is required by law are called
The difference between the total reserves that a bank holds and the amount that is required by law are called excess reserves.
What are excess reserves?
Capital reserves stored in excess of what is required by regulators, creditors, or internal controls are known as excess reserves by a bank or financial institution. Excess reserves for commercial banks are compared to standard reserve requirement amounts established by central banking regulators.
The minimum liquid deposits (like cash) that must be held in reserve at a bank are determined by the required reserve ratios. The extra amount is considered as excess. The amount of total reserves that the bank can lend out is known as excess reserves.
Therefore, excess reserves is the difference e between the total reserves that a bank holds and the amount that is required by law.
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the importance of requiring a down-payment for a mortgage loan is debated. an important argument for it is that making any cash down payment:
The importance of requiring a down-payment for a mortgage loan is debated. An important argument for it is that making any cash down payment: signals sincere intent to perform.
What is payment?A payment is an exchange of money, goods or services for goods and services in an amount acceptable to both parties and agreed in advance. You can pay with cash, check, wire transfer, credit card, debit card, or cryptocurrencies. Understand payments. Recipients are generally free to choose which payment methods they accept.However, the law generally requires the payer to accept the country's fiat currency up to a certain limit. Unless otherwise agreed by the parties, payments are generally made in the recipient's local currency.Payments in another currency require an additional foreign exchange transaction.The recipient can compromise on the debt. Accept partial payments or offer discounts to fully settle the debtor's debts. For example: Charge additional charges such as cash payment or immediate payment.to learn more about payment from the given link :
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an organization's production process maps most directly to the activity in porter's value chain model. question 32 options: a) inbound logistics b) operations c) sales and marketing d) all of the above
An organization's production process maps most directly to c) outbound logistics.
The demand side of the supply-demand relationship is the main focus of outbound logistics. The procedure entails the storage and delivery of commodities to the consumer or final user. Order fulfillment, packing, shipping, delivery, and customer assistance connected to delivery are among the phases.
To fulfill demand, a business keeps a specific amount of inventory on hand. Outbound logistics procedures organize and safely store these commodities in the appropriate settings. In warehouse management, inbound and outbound logistics are combined. However, logistics for outbound shipment of final goods.
Inbound logistics focusses on product acquisition for businesses that sell finished goods they get from suppliers, and outbound logistics completes orders sent directly to clients and delivers the goods to retail locations.
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Correct question:
The fulfillment process maps most directly to the _______ activity in Porter's value chain model.
A) inbound logistics
B) operations
C) outbound logistics
D) service
mila was so excited to finally have a full time job again after a period of sporadic part time work. she was most excited about her new medical insurance, 401(k) retirement plan and the fact that the company will pay for a portion of her child care expenses. these are examples of:
Mila was so excited to finally have a full-time job again after a period of sporadic part-time work. she was most excited about her new medical insurance, 401(k) retirement plan, and the fact that the company will pay for a portion of her childcare expenses. these are examples of benefits.
Insurance is a way of protection from financial loss wherein, in trade for a rate, a celebration is of the same opinion to compensate any other celebration within the event of a certain loss, harm, or harm. it is a form of risk control, in the main used to hedge towards the danger of a contingent or unsure loss.
An entity that offers the coverage is referred to as an insurer, insurance corporation, coverage provider, or underwriter. a person or entity who buys coverage is called a policyholder, even as a person or entity covered underneath the coverage is called an insured. The coverage transaction includes the policyholder assuming a guaranteed, recognized, and a comparatively small loss in the shape of a fee to the insurer (a premium) in change for the insurer's promise to compensate the insured within the event of a protected loss. The loss can also or won't be financial, however, it needs to be reducible to monetary phrases. furthermore, it commonly includes something wherein the insured has an insurable hobby mounted through ownership, possession, or pre-existing dating.
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what is the potential for losing money in the stock market if an individual keeps their money invested for one year?
The potential for losing money in the Stock market if an individual keeps their money invested for one year is 33%.
A stock market is a place where people trade securities to make a profit. In the stock market, publicly listed companies shares are traded with each other.
Like how it helps in making a profit, investing without learning about it will push us to losses. According to popular estimates, as much as 90% of people lose money in stock markets, including both new and seasoned investors.
Many investors, especially new ones, fall into the trap of investing based on stock tips given by other investors.
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fifty years ago, a high school diploma was the minimum requirement for entry into the paid labor force of the united states. today, a college diploma is virtually the bare minimum. this change reflects the process of
Fifty years ago, a high school diploma was the minimum requirement for entry into the paid labor force of the United States. Today, a college diploma is virtually the minimum. The change reflects the process of credentialism.
Credentialism is the practice of relying on credentials provided by professional organizations, educational institutions, and other organizations to determine whether or not a candidate is qualified to perform a certain job.
A high school graduation was the prerequisite for joining the US paid labor force fifty years ago. Nowadays, having a college degree is practically required. This modification illustrates the credentialism process.
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video shack's accounts receivable decreases during the year by $8.2 million. what is the amount of cash received from customers during the reporting period if its net sales are $65.0 million? (round your answer to 1 decimal place. enter your answer in millions (i.e., $10,100,000 should be entered as 10.1).)
The amount of cash received during the reporting period is $73.2 million
The account receivables are treated as a current asset and it is recorded and shown on the balance sheet. The total cash collection from customers includes a decrease in account receivables and collection from sales in the current period.
A journal is a thorough account that documents all of a company's financial activities. It is used for account reconciliation in the future and for the transfer of data to other formal accounting records, including the general ledger.
The journal entry is as follows: (amount in millions)
Cash A/c....Dr. $73.2
Accounts receivable A/c.....Cr. $8.2
Sales A/c.....Cr. $65
(Being cash collection from accounts receivables and sales recorded)
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what are the six modes companies use to enter foreign markets? multiple select question. licensing exporting joint ventures wholly-owned subsidiaries franchising unionization turnkey projects arbitration
The six modes companies use to enter foreign markets exporting, turnkey initiatives, licensing, franchising, organizing joint ventures with a number-country firm, or putting in place a brand new entirely-owned subsidiary inside the host united states of America.
There are six companies' modes of overseas access exporting, turn-key projects, licensing, franchising, setting up a joint task with a number of united states of America firms, or setting up an entirely owned subsidiary in the host USA.
Whilst entering overseas markets, there are 3 basic entry selections they may be Exporting-selling goods and services to other countries is known as exporting. Licensing-Licensing presents us permission to open a business in some other place for manufacturing products and services.
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in capacity planning, the feasibility of the sales and operations production plan is verified by a group of answer choices rough-cut capacity plan. resource requirements plan. master production schedule. capacity requirements plan.
In capacity planning, the feasibility of the sales and operations production plan is verified by a resource requirements plan. So option b. is correct.
A capacity planning process involves determining how much production capacity is required to meet changing demand for products. Design capacity refers to an organization's maximum capacity to accomplish work over a given period in capacity planning. It is the act of balancing available resources to satisfy customer demand or project capacity needs.
A capacity planning process is used by organizations to determine their production capacity in order to meet the changing needs of their products.
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three years ago, preferred stock rtf was unable to pay a dividend. two years ago, the company was only able to pay a dividend of 3%. last year, the company was only able to pay shareholders a dividend of 4%. as conditions are now improved, the firm would like to pay dividends to common shareholders. what dividend percentage must the preferred shareholders first receive in order for this to happen?
These often have the right to a fixed dividend that is stated as a percentage of the nominal (par) value of the share; for example, a £1 preference share with a 5% dividend right will pay out 5p annually. But it is still a dividend and can only be paid from earnings.
What dividend amount is given to preferred shareholders?Divide the dividend percentage by the par value of the preferred stock. For instance, if the stock was issued at $40 per share and the dividend rate is 7.5 percent, the yearly dividend is $3 per share.
who is the first shareholder to earn dividends?Due to their primacy over the company's income, preferred shareholders receive dividend payments before common shareholders do. Common shareholders come last. Consequently, they will receive payment after creditors, bondholders, and preferred shareholders when it comes to corporate assets.
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the term autarky refers to a country that: select one: a. does not trade with other countries. b. trades goods and services based upon the princi
The correct response is B) does not trade with other countries. When a nation does not engage in trade with other nations, the situation is referred to as autarky.
Usually applied to cultures, communities, states, and their economic systems, autarky is the quality of self-sufficiency. Many political ideologies and movements, particularly left-wing ones like African socialism, mutualism, war communism, communalism, swadeshi, syndicalism (especially anarcho-syndicalism), and left-wing populism, have adopted autarky as an ideal or method in an effort to create alternative economic structures or to exert control over resources against structures that they perceive as hostile. Autarky has also been embraced by conservative, centrist, and nationalist movements in an effort to conserve a portion of the social structure as it currently exists or to promote a certain industry. In order to lessen foreign economic, political, and cultural influences and to advance world peace, autarky proponents have called for national self-sufficiency. In general, economists are in favour of free trade. Most economists agree that protectionism has a detrimental impact on economic growth and economic welfare while free trade and the removal of trade barriers have a beneficial impact on economic growth and stability.
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The term autarky refers to a situation when a country:
A) trades goods and services based on the principle of comparative advantage.
B) does not trade with other countries.
C) trades goods and services based on the principle of Ricardian advantage.
D) trades goods and services based on the principle of absolute advantage.
a significant decrease in the money supply tends to: a. reduce the supply of gold held by the federal government. b. create shortages that would cause prices of goods and services to rise. c. reduce the size of the federal government's deficit. d. send the economy into a recession
A significant decrease in the money supply tends to: d. send the economy into a recession.
Thus, the first consequence of a decline in the money supply is an increase in interest rates. Businesses are less inclined to borrow money for investment purposes as interest rates climb. Additionally, customers are less eager to take out loans to acquire things like homes, vehicles, and other items. Spending falls as a result.
Income is decreased and the interest rate is increased when the money supply shrinks. Investment declines as interest rates rise, and consumption declines as disposable income declines.
When the amount of money available or its rate of growth decreases, opposite impacts result. Disinflation (lower inflation) or deflation (falling prices) follow a reduction in economic activity.
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what are the stages in group development and what project management behaviors are exhibited in each stage?
Forming, storming, norming, performing, and adjourning are the five stages of group growth and development.
The project team is forming as it gets to know one another and establishes the foundation for the project and team norms. Conflict first arises during the storming stage when team members start to defy authority and exhibit covert agendas and prejudices. In the norming stage, members attempt to cooperate and agree on operating procedures before committing to the project development process.
During the performance stage, the group members work together to complete the production. Groups break up during the adjourning stage once their work is over.
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the main characteristics of a pure are a single seller, no close substitutes, a price maker, blocked entry, and non-price competition.
The main characteristics of a pure monopoly are a single seller, no close substitutes, a price maker, blocked entry, and non-price competition.
What is the single seller?A market arrangement in which there is just one single seller and only one type of good available. As the only vendor of the goods with no viable alternatives, the seller in a pure monopoly has no rivals.
A market with a monopoly is one where there is only one supplier of goods. A monopoly is a type of market in which there is only a single seller of a good and that seller has complete control over the price.
Few companies sell homogenous or differentiated items in this sector. Additionally, because there aren't many vendors in the market, each vendor influences the actions of other vendors, who in turn affect them.
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Full Question-
The main characteristics of a pure monopoly, Correct Unavailable are a single seller, no close substitutes, a price maker, blocked entry, and non-price competition.
Leadership is the ability to influence employees to voluntarily pursue organizational goals.
a. true
b. false
"Leadership is the ability to influence employees to voluntarily pursue organizational goals." False Option B
What is Leadership?Generally, The capacity to persuade other people to willingly work toward organizational objectives is an essential component of leadership.
Kotter believes that the key to leadership is successfully navigating change.
According to John Kotter, management is the process of dealing with complexity, while leadership is the process of coping with change.
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ethier enterprise has an unlevered beta of 0.5. ethier is financed with 40% debt and has a levered beta of 0.7. if the risk free rate is 3.5% and the market risk premium is 6%, how much is the additional premium that ethier's shareholders require to be compensated for financial risk? round your answer to one decimal place.
The additional premium that Ethier's shareholders require to be compensated for financial risk is 1.44%.
Calculate the capital structure risk premium
Levered Beta = 0.7
Unlevered Beta = 0.5
Debt-Equity Ratio = 40%
Capital Structure Risk Premium = (Levered Beta - Unlevered Beta) * (1 - Debt-Equity Ratio)
Capital Structure Risk Premium = (0.7 - 0.5) * (1 - 0.4)
Capital Structure Risk Premium = 0.12
Step 2: Calculate the additional premium required
Additional Premium = Capital Structure Risk Premium * (Risk Free Rate + Market Risk Premium)
Additional Premium = 0.12 * (3.5% + 6%)
Additional Premium = 1.44%
Therefore, the additional premium that Ethier's shareholders require to be compensated for financial risk is 1.44%.
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a person based in japan buys shares of general motors through the new york stock exchange. this is an example of:____.
Worldwide investment
Describe the stock exchange.A stock exchange facilitates the trading of a variety of financial instruments, including bonds, commodities, and equities. Exchanges bring investors, businesses, and governments together.
What types of financial controls are there?Financial controls are laws and practices intended to stop or catch fraud and accounting irregularities. Account reconciliation, double-counting cash deposits, approving new vendors, and rotating employee duties are a few examples of financial controls.
Which four main stock exchanges are there?Shanghai Stock Exchange (SSE), China; New York Stock Exchange (NYSE), USA; National Association of Securities Dealers Automated Quotations (NASDAQ), USA; European New Exchange Technology (EURONEXT), Europe.
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a characteristic that sets apart as an economic and political system is the private ownership of businesses. t or f
True, Private ownership of businesses is a distinguishing feature of an economic and political system.
Family-owned businesses, sole proprietorships, and the vast majority of small and medium-sized businesses are examples of privately owned businesses. A privately owned company, unlike a public company, is not required to answer to public investors.
A private limited company is owned privately by a few individuals and has its own legal entity. Shares cannot be traded publicly in this case. It limits the number of shares to 50. Shareholders cannot sell their shares unless the other shareholders agree.
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suppose a monopolistically competitive firm is producing the profit-maximizing level of output and is earning an economic profit in the short run. then: a price is less than marginal cost. b price is less than average total costs. c marginal revenue is greater than marginal cost. d average total cost is at its minimum point.
D. Average total cost is at its minimum point. Average total cost is referred to as the sum total of all production costs divided by the total quantity of output.
A monopolistic firm is what?A totally competitive market, where there are an infinite number of enterprises operating, is the antithesis of a monopolistic market. In a truly monopolistic model, the monopoly firm can limit output, raise prices, and make long-term profits that are above average. Monopolistic competition refers to a competitive market with few near substitute buyers and sellers.
What is the monopolistic approach?Pricing Policy in a Monopolistic Competitive Market
Companies decide the prices for their items in a monopolistic competitive market. Every business sells a commodity that might be identical to another business's, therefore every business can successfully establish its prices.
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project fdi costs $80,500 and has cash flows of $32,300, $36,400, and $30,000 for years 1 to 3, respectively. what is the irr of project fdi? g
The Internal Rate of Return (IRR) of Project FDI is 16.1%.
What does IRR means?
Internal Rate of Return (IRR) is a financial metric used to calculate the rate of return on an investment. It is calculated as the discount rate that equals the present value of all cash flows from a project or investment. In a discounted cash flow analysis, IRR is a discount rate that causes the net present value (NPV) of all cash flows to equal zero.
What does NPV mean?
NVP stands for Net Value Proposition. It is a business term used to describe the value that a product or service provides to a customer or client. It is used to evaluate the cost and benefit of a product or service, as well as its perceived value in the marketplace.
Solution to find IRR:
We can calculate the IRR by using the following formula:
IRR = -80,500 + 32,300/(1+IRR) + 36,400/(1+IRR)^2 + 30,000/(1+IRR)^3
Solving for IRR, we get IRR = 16.1%.
The Internal Rate of Return (IRR) of Project FDI is 16.1%.
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if full body protection is needed in your job, whose responsibility is it to pay for it?
OSHA mandates that businesses shoulder the cost of equipping employees with the personal protective equipment (PPE) they need for their professions.
Which are some instances of employers?An employer is, more particularly, a corporation, institution, government body, agency, consulting company, nonprofit organization, small business, retailer, or individual who hires or otherwise places people who may be referred to as employees or staff members to work.
What distinguishes workers from employers?Employers rely on their staff to carry out specified responsibilities in order to accomplish organizational objectives, guarantee the smooth operation of the company, and generate revenues. Employees, the other hand, rely on their employer to reimburse the agreed-upon pay or earnings so they may sustain themselves and, if applicable, their family.
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