What is true in a market structure characterized by monopolistic competition?

A )single firm dominates the market and produces similar, but differentiated products.

B)single firm dominates the market and produces a single type of product.

C)Many firms operate in the market and produce similar, but differentiated products.

D)Many firms operate in the market and produce virtually identical products.

Answers

Answer 1

Answer:

C)Many firms operate in the market and produce similar, but differentiated products.

Explanation:

A monopolistic market structure has many firms competing for the same customers. Although the firms sell similar products, each tries to make their products different from the rest. Each firm can set its price because the products are differentiated. Other characteristics of monopolistic competition include

Freedom of entry and exit.There many sellers and buyersEach firm sets its product price

Related Questions

2. Inputs and outputs Van's Performance Pizza is a small restaurant in Chicago that sells gluten-free pizzas. Van's very tiny kitchen has barely enough room for the four ovens in which his workers bake the pizzas. Van signed a lease obligating him to pay the rent for the four ovens for the next year. Because of this, and because Van's kitchen cannot fit more than four ovens, Van cannot change the number of ovens he uses in his production of pizzas in the short run.

Answers

Answer:

The question is incomplete, but I guess its about variable and fixed inputs. In this case, Van's workers are considered the variable input  since Van can hire or fire workers in the short run. While the ovens are fixed inputs, since Van cannot change the number of ovens due to space and legal limitations (lease contract).

The short run or the long run are not specific time frames, it is not like current or non-current assets or liabilities. The short run refers to a time period where a business can only change certain inputs, e.g. labor or hours worked. While the long run refers to a time period where a business can change all of its inputs. I.e. in the long run, all costs are variable.

E.g. If Van's lease contracts (restaurant and ovens) expired in 6 months, and he was then able to get a new place and enter new contracts, then the long run would be in 6 months. But under the current conditions, the long run is 4 years since that is when the lease contracts expire.

reasons why biden/trump would make a good president WITHOUT mentioning the opposing canidate.

Answers

Answer:

please stop talking bout this stuff but biden is going to raise taxes and take away LGBTQ rights soo yeah that's not the best thing

Answer:

Trump will be a great president

Explanation:

VOTE FOR TRUMP

Which of the following is an
example of an operative
employee?

Answers

Explanation:

I just did this yesterday!

its assembled line worker

Type the correct answer in the box. Spell all words correctly. Which type of partnership should Adam and Donna choose? Adam and Donna have started their own business of making customized cell phone cases. However, Adam is also involved in another business and is not be able to dedicate time to the new business. He is willing to fund the business but is not able to help Donna in the daily operations. Donna suggests that they follow the partnership business structure.​

Answers

It doesn’t show the text can u type it again?

Answer:

Limited

Explanation:

What kind of psychologist would someone who is dealing with the loss of a loved one most likely visit?

Answers

Answer:

Counseling psychologist

Explanation:

I just took the test! Good luck :)

during reccesion, why high specialized is less likely to survive than diversified firm

Answers

Answer: mostly diversified companies should presumably survive in them. Given the ... dominance of specialized firms vs. diversifiers across a large set of industries. ... may even become less efficient than specialized firms, we expect than specialized firms ... we are more likely to observe vertical integration.

Explanation:

Has your idea of yourself five years from now changed in any way since beginning this course? If so, describe the reasons. If not, has this course expanded your idea of yourself in five years, or has it stayed the same? Why or why not.

I don't have time so please answer I need it asap

Answers

Answer:

This is a personal question man

Explanation:

Im sorry, but I can't answer personal questions

Sorry

Consumers have certain rights that do NOT carry corresponding responsibilities.
Please select the best answer from the choices provided
T
F

Answers

Answer:

Explanation:Consumers have certain rights that do NOT carry corresponding responsibilities....(false is the answer)

Mention any five important points of universities.​

Answers

Answer:

1. A positive attitude towards study.

2. A passion for the chosen course subject.

3. An ability to think and work independently.

4. An ability to persevere and complete tasks.

5. An inquiring mind.

6. Good written English.

7. An ability to work well in groups.

Answer ASAP
An entrepreneur wants to start a bakery. He wants to make a sales forecast for his first six months in business, so he obtains the sales records for all the successful bakeries in his state and uses the monthly average for his forecast. What mistake is he making in this process? A. It is impossible to make an accurate sales forecast for a new business, and attempting to do so will only set him up for failure and disappointment. B. He should not use data from bakeries in his own state, as it is unlikely that they will report accurate estimates to their potential competitor C. He should be looking at sales records for all the successful bakeries in the country, not just in his state. D. It is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months.​

Answers

The Mistake is he making in this process it is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months.​ The correct option is D.

What is the importance of sales forecasting?

A precise sales forecast enables businesses to efficiently allocate resources for future growth while also managing cash flow. Forecasting sales help create benchmarks for future trends and allow executives to make early course corrections. Revenue executives can optimize for more wins by aligning sales quotas with revenue goals.

Make a list of the products and services you offer. Estimate how much of each you anticipate selling. Define the unit price or monetary worth of each sold good or service. Divide the number of units sold by the price. Determine the cost of producing and selling each commodity or service.

Thus, the ideal selection is option D.

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Answer:

option d

Explanation:

it is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months

Which is NOT a type of planning used by management?
A Short-term
B Deliberate
C Strategic
D Long-term

Answers

Answer:

B Deliberate

Explanation:

Planning involves thinking ahead of events. It entails preparing beforehand for future activities.  Managers will engage in planning to ensure the business meets its objectives.

There are different types of plans. Manager can make short term or long term plans which are based on time. Strategic plans are about methodology or procedure. Deliberate is not a type of planning.

In which year the first school in the whole world was opened?​

Answers

3500 B.C in Egypt was the first school in the world ever.

Brendon Walsh wants to borrow $30,000 from the bank. The interest rate is 6% and the term is for 5 years.

What is the amount of interest paid?

- $360

- $1,800

- $18,000

- $30,000​

Answers

Answer:

1,800

Explanation:because

$30000*0.06=$1,800

The amount of interest paid is $1,800. Thus, option second is correct.

What is Simple Interest?

Simple interest is defined as the amount of interest paid on a specific principal amount at a given rate of interest. Compound interest, on the other hand, is the interest computed on the principal and interest accrued during the preceding month.

Borrowers may get a rough estimate of borrowing costs by using simple interest. Auto loans and short-term personal loans are often interest-only loans. Simple interest does not need the calculation of compound interest.

Given that,

Amount = $30000

Years = 5

Interest = 6 %

Amount to be paid every year can be computed with the help of the following formula:-

Total amount = Amount * Years * Interest / 100

Substituting the values in the above formula,

Total amount = 30000 * 5 * 6 / 100

= 90000/100

= $9000

Hence, the interest paid for one can be calculated as follows:-

Interest amount for each year = 9000 / 5

                                                   = $1800

Therefore, $1800 is the interest amount paid for each year. Hence, option second is correct.

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A market supply schedule shows the relationship between


please!!!!!!

Answers

Answer: A supply schedule is a table that shows the quantity supplied at different prices in the market. A supply curve shows the relationship between quantity supplied and price on a graph.

Explanation: I HOPED THAT HELPED,!

Identify the type of advertising based on the given scenario.

A soft drink manufacturing company is trying to venture into the Middle-Eastern market. They are conducting market research with regard to their target customers and their preferences. They have to be mindful of the mindset and beliefs of the people to penetrate the market.

When advertising they have to employ the

advertising tool

Answers

Answer:

Direct marketing

Explanation:

In simple words, Direct marketing can be defined as a means to convey an bid, through which companies communicate individually with a pre - specified client and provide a specific answer process. This method is also  regarded, by professionals, as direct reaction advertising. 

Thus, from the above we can conclude that the the company should employee direct marketing tools.

Answer: Cross-cultural advertising requires advertisers to consider different elements of demographics and culture. Marketers need to address cultural aspects and modify advertisements for various target customers. Advertising that emphasizes individuality and personal success is likely to receive a negative response in countries where the culture values teamwork over individual success. Likewise, businesses should avoid portrayals of rebellious behavior in hierarchical societies. Marketers must also learn about social and cultural taboos in order to avoid conflicts with religious or social sentiments. For example, McDonald’s retail outlets in Pakistan assure customers that they serve pork-free items because pork consumption is forbidden in Islam, a major religion in Pakistan.

Explanation:

:D

Prepare the general journal entry (without explanation) needed to close Net Income or Net Loss for the year end. Use compound entries where required. If no entry is required then write "No Entry Required."

Answers

Answer:

Closing entry for closing net profit / net loss for the year ended

Explanation:

In case of net profit, for the year ended closed -

Profit & Loss a/c .. dr

to Capital ac

{Reason - As profit has credit balance, so nullifying by debiting it. And, profit increases capital, so capital a/c is credited}

In case of net loss, for the year ended closed -

Capital a/c .. dr

to Profit & Loss ac

{Reason - As loss has debit balance, so nullifying by crediting it. And, loss decreases capital, so capital a/c is debited}

What is the safest way to make sure you are using a copyrighted image fairly? A. Do a Google image search. B. Save the image to your own computer. C. Rename the image. D. Ask the copyright owner for permission.

Answers

Answer:

Ask the CopyRight Owner for Perrmission

Explanation:

Asking the copyright owner for permission is the safest way to make sure you are using a copyrighted image fairly.

Answer:

Ask the CopyRight Owner for Perrmission

Explanation:

You purchased 100 shares of stock value at $55 per share. The stock value increases to $85 per share what was the rate of increase?

Answers

Answer:

54.55%

Explanation:

The purchasing price is $55

Price has increased to $85.

The monetary increase = $85 - $55 = $30

As a percentage , the increase will be

=$30/$55 x 100

=0.545454 x 100

=54.5454%

=54.55%

Is profit the same as cash flow?

Answers

Answer:

No

Explanation:

Cash flow refers to the money that flows in and out of your business. It's income and expenses.

Profit, however, is the money you have after deducting your business expenses from overall revenue. Both are important, but cash flow is essential to keep your business running in the here and now.

If you are trying to reduce the cost of college, which of the following strategies isLikely to save you the most money?
A.Purchasing used books
B.Attending a private college
C.Attending an in-state Public University
D.Living in an off-campus apartment

Answers

Answer:

C. Attending an in-state Public University

Explanation:

In most states you can get higher in-state scholarship and on-campus living.

If we are trying to reduce the cost of college, which of the following strategies is likely to save us the most money is Attending an in-state Public University. The correct option is c.

What is an in-state public university?

In-state public university run by the state government of each of the states and territories of India, and are usually established by a local legislative assembly act. The University Grants Commission (UGC), draws its power from the University Grants Commission Act, 1956.

In addition, 15 Professional Councils are established, controlling different aspects of accreditation and coordination. The UGC publishes and regularly updates the lists of state universities. As of 16 November 2022, the UGC lists 459 active state universities. The oldest establishment date listed by the UGC is 1857, shared by the University of Calcutta, the University of Madras and the University of Mumbai.

Apart from the above universities, other institutions are granted the permission to autonomously award degrees.

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(a) Explain what a checking account transfer is and (b) explain how it helps you save.

Answers

Answers with Explanation:

1. A checking account transfer means that you are moving your money from your checking account to another bank account. This bank account could be yours or another person's. It is often done online.

2. A "checking account" allows a person to automatically transfer his money to his savings account on a regular basis or on a schedule. For example, a person has funds sitting on his checking account, some of these funds will be automatically transferred to his savings account. This gives him no excuses not to save money. Setting this up is conveniently done during paydays but may also be done on other days.


A step taken so that a reasonable person could assume that a business took appropriate safety measures is called ___________

Answers

Answer: Risk assessment

Explanation: This is known as risk assessment, the overall process of identifying all the risks to and from any activity and assessing the potential impact of each risk.  This is achieved by assessing the likelihood that each risk will occur, and then combining the result according to an agreed rule to give a single measure of potential impact.

To have a thought about what aspect of a business, might cause harm and decide whether you are taking reasonable steps to prevent that harm is known as a risk assessment.

Please help for brainliest

Answers

Answer:

C balance

Explanation:

it shows balance when you withdraw money

Part A
Jennifer makes nail polish at home. Every month, she buys chemicals and dyes, which costs $3 per bottle of nail polish. She also buys glass bottles,which cost $0.50 each. She spends $500 per month to rent a warehouse space to store the nail polish. She sells the bottles for $7 each. How manybottles of nail polish does she need to make a profit?

Answers

Answer:

143 bottles

Explanation:

For Jennifer to make profits, she must make sales past the break-even point.

Break-even point is calculated by the formula

Break-even point = fixed costs/contribution margin per unit

In this case

Fixed  costs =$500

Contribution margin per unit = selling price- variable costs

=$7 -($3 + $0.50) = $7 -$3.50

=$3.50

Break-even point = $500/$3.50

=142.85

=143 bottles

Garden Variety Flower Shop uses 930 clay pots a month. The pots are purchased at $3.90 each. Annual carrying costs per pot are estimated to be 10 percent of cost, and ordering costs are $10 per order. The manager has been using an order size of 2,000 flower pots.

Answers

Answer:

A.$151

B.38%

Explanation:

A. Calculation for What additional annual cost is the shop incurring by staying with this order size

First step is to calculate EOQ

Using this formula

EOQ = Square root(2*Annual demand*ordering cost/Holding cost per unit per year)

Let plug in the formula

EOQ =Square root (2*12*930*10/.39)

EOQ = 757 pots

Second Step will be to calculate the Annual cost when EOQ is used

Annual cost( EOQ )= (12*930/757)*10 + (757/2)*.39

Annual cost( EOQ )= $295

Third step is to calculate the Annual cost when 2000 pot is ordered

Annual cost ( 2000 pot is ordered) = (12*930/2000)*10 + (2000/2)*.39

Annual cost ( 2000 pot is ordered) = $445.8

Last step is to calculate the Additional annual cost

Additional annual cost = 445.8 - 295.04

Additional annual cost = $150.76

Additional annual cost=$151 (Approximately)

Therefore the Additional annual cost will be $151

B. Calculation for what benefit would using the optimal order quantity yield

About % of the storage space would be needed

= 757/2000

About % of the storage space would be needed

= 37.85% or 38%

Therefore the About % of the storage space would be needed is 38%

PROJECT: USING ADVANCED FORMULAS
Suppose you own a small business with ten employees. Small businesses use spreadsheets for a variety of reasons.

OBJECTIVES
Create a spreadsheet to track payroll.
Directions
Create a spreadsheet to calculate the your company's payroll, or how much you pay each employee and the total you pay all employees.

You pay your employees every two weeks, and for the last two weeks, your employees worked the following hours:

Employee 1: 78
Employee 2: 75
Employee 3: 80
Employee 4: 45
Employee 5: 50
Employee 6: 80
Employee 7: 65
Employee 8: 60
Employee 9: 78
Employee 10: 75
Your spreadsheet should calculate:

the total hours worked for each employee
the gross pay for each employee (pay rate is $12.50 per hour)
the state income tax for each employee (use 5.7%)
the Federal income tax for each employee (use 15%)
Social Security for each employee (use 3.5%)
the net pay for each employee by subtracting the income tax and Social Security from the gross pay
the total gross pay, total state income tax, total Federal income tax, total Social Security, and total net pay paid to all employees
When you finish your spreadsheet, estimate your answers to check for accuracy. Make any necessary corrections. Use formatting techniques to make your spreadsheet easy to read. Upload your spreadsheet using the Upload tool in the box below.

Answers

Answer:

Total hours worked for two weeks by all employees = 686 hours

Total Gross pay of all employees = $8,575.00

Total State income tax of all employees = $488.78

Total Federal income tax of all employees = $1,286.25

Total Social Security of all employees = $300.13

Total Net Pay of all employees = $6,499.85

Explanation:

Note: See the attached excel file for the calculation of the company's payroll or amount paid to each employee and the total amount paid to all employees on a spreadsheet as required by the question.

In the attached excel file, the following formula are used:

Gross pay for each employee = Pay rate of $12.50 per hour * Total hours worked for two weeks by each employee

State income tax for each employee = 5.7% * Gross pay for each employee

Federal income tax for each employee = 15% * Gross pay for each employee

Social Security for each employee = 3.5% * Gross pay for each employee

Answer:

here you go edmentum

Explanation:

Explain why you have to pay late fees with a credit card, but not with a debit card?

Answers

Answer:

because a credit card you are taking loans from your bank company but with a debit card it's the money you're putting on the card

When people use a credit card, their bank gives you loans, however when you use a debit card, it's your own money that gets put on the card.

What is debit card?

A form of plastic money or currency is a debit card. You can use it to make purchases even when you don't have any cash. Savings account holders typically receive a debit card that is linked to their account from banks. Every transaction performed with your debit card is detailed in your bank statement.

When you use a debit card to make a purchase, the money is almost immediately taken out of your checking account to pay for the goods. The money will be charged to your line of credit when you use a credit card, providing you more time to make the payment because it will be due later.

Thus, When people use a credit card, their bank gives you loans.

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Which of the following is an example of fraud?
A. Joe's Appliances advertises a microwave oven at half off its original price.
B. Joe's Appliances advertises a built-in microwave oven at a price that doesn't include
an installation fee.
C. Joe's Appliances advertises a microwave oven at a low price that it never had in stock.
D. Joe's Appliances advertises a microwave oven for less than it pays to buy it,

Answers

Answer:

c

Explanation:

if it was never in stock its misleading and a fraud

the answer is c because if it’s not in stock therefore you can’t sell it

8. You just got paid and want to treat your friends to lunch at Sammy's Steakhouse . You have $ 850.00 in your account . The bill ends up being \$50.2 . How much is left in your account after you use your debit card to pay?

Answers

Answer:

is it C cause that makes sense

think about a piece of fruit that you recently purchased. list the natural, labor, and capital resources needed to get it to you

Answers

Answer: Typically shipping fresh fruit or shipping fresh produce involves a few different steps which can slow down productivity. For example, fruits are loaded into a corrugated box then added to a pallet, then shrink wrap is added or banding is used to keep the boxes on the pallet.

Explanation:

Other Questions
HELP ASAP!!!!!WILL GIVE BRAINLIEST!!!Write about your feelings about the elections. If you were able to vote, which candidate would you vote for? In addition, if you were able to ask each candidate a questions, what would you ask each candidate? Complete in two or more paragraphs. BRAINLIEST IF RIGHT 20+ POINTSWhich of the following categories was introduced as an advancement to the original Linnaean Taxonomy? Archaea Fungi Plantae Protista A gym employee is paid monthly. After working for three months, he had earned $4,500. To determine how much money he will make over a six-month period, he created the table below.1: If he continues to earn at the same rate, how much will he have earned after working 5 months?2: After how many months will the gym employee have made $19,500?3: Write an equation to represent the constant of proportionality. Helppppp plsss I rlly need it? how to turn a fraction into a decimal, help Nolan plots the y-intercept of a line at (0, 3) on the y-axis. He uses a slope of 2 to graph another point. He draws a line through the two points. Which equation represents Nolans line?y = 2x + 1y = 2x + 3y = 3x + 2y = 3x + 5 What goes missing after the animals return from their harvest? (in animal farm) A) SeedB) MilkC) CornD) Hay Only for BreannWright09 Bruno is writing a paragraph about planning a visit to Paris. Which would be the best topic sentence for his paragraph?The Eiffel Tower is the tallest structure in Paris.Paris is home to many attractions and is sure to please travelers of all ages.It would take forever to see all that Paris has to offer.Read this if you have ever wondered why people want to visit Paris, France. 1 pointThe temperature in Anchorage, Alaska was 2 degrees Celsius below zero.The next day, the temperature dropped 10 more degrees Celsius. Thanks toa warm front, the temperature rose by 5 degrees Celsius. On the fourthday, the temperature decreased by 13 degrees Celsius. What was the finaltemperature in Anchorage, Alaska on the fourth day? *20 What particle does Ar-40 emit when it decays to K-40?Agammabetaalpha 4/6 divided by 3/12/ is fraction The turning point of the story. Here is where all of the conflicts/problemsbecome solutions. *5 pointsExpositionRising ActionClimaxFalling ActionResolution why is iran called a theocratic republicI Solution set of equation x^2-5x=0 When two heterozygous parents are crossed (Aa x Aa), what percent of the offspring will have a dominant phenotype ? To support himself after getting out of prison, Zakariyyaat Johns Hopkins.a) became an internb) sued Dr. Jones for malpracticec) volunteered as a research candidateO d) checked himself in planting selectmaterial in low quality? please answer my question Which line has a slope of 1?A. line LB. line KC. line MD. line A Simplify the following expression (87x + 63y) - (6x + 32y)