Answer:
Monopolistically competitive firms are assumed to independently set the price of their differentiated product.
Explanation:
Monopolistic competition and oligopoly are two types of market structure.
Definitions:Monopolistic competitionMonopolistic competition is characterized by several competing sellers in an industry with differentiated products. In this market structure, monopolistically competitive firms have lesser barriers to entry or exit. Additionally, the consumers view the monopolistically competitive firms' products as somewhat different from the goods produced by competing firms. However, the consumers view those competing products as close substitutes. Thus, product differentiation is crucial in the success and longevity of monopolistically competitive firms. Product differentiation is the process of attracting customers by creating a feature or image that will make a product stand out or distinguishable from the existing products in the market. Through product differentiation, monopolistically competitive firms can have some control over setting prices on their products, which gives them limited market power. Although, the amount of products that the firms could sell is also contingent on the number and prices of existing substitute products in the market.
OligopolyIn contrast, oligopoly is a type of market structure characterized by a handful of major producers that have the power to influence to set the prices of their goods through price leadership. The actions taken by an oligopolist may significantly affect the sales of other firms in the same industry—when a leading oligopolistic firm increases its price, the other firms will likely follow suit. Hence, the prices of comparable goods are often similar.
Under this market structure, firms have a cost advantage compared to smaller firms due to increasing returns to scale. This means that the oligopolists could produce their products in larger volumes using lesser inputs. It is also difficult for new entrants to enter an oligopolistic industry due to lack of sufficient capital investment.
The new-product development process is:
a. a formalized protocol for new-product development that begins at the corporate level and ends at the functional level.
b. the informal process of brainstorming to generate new-product concepts at a marketing staff meeting.
c. the process of presenting cross-functional teams with a written new-product concept statement and asking them to respond to it in writing.
d. the two stages an organization goes through from idea generation to commercialization.
e. the seven stages an organization goes through to identify business opportunities and convert them into salable products or services.
In the ______ stage of team development, members depend on the project manager to provide direction and structure.
Based on business management, in the Forming stage of team development, members depend on the project manager to provide direction and structure.
Stages of team developmentForming StormingNormingPerformingAdjourningGenerally, the forming stage forms the first or early stage of team development.
During this period, the rest of the project manager and the members depend on him to provide direction and structure.
Hence, in this case, it is concluded that the correct answer is "Forming stage."
Learn more about Team Development here: https://brainly.com/question/10061787
PLS ANSWER QUICK!!! Which law prohibits discrimination against federal government employees with disabilities?
A. The Civil Rights Act of 1991
B. The Equal Pay Act of 1963
C. The Fair Labor Standards Act
D. The Rehabilitation Act of 1973
The law that prohibits discrimination against federal government employees with disabilities is:D. The Rehabilitation Act of 1973.
What is e Rehabilitation Act of 1973?The Rehabilitation Act of 1973 is a federal law that prohibits discrimination against individuals with disabilities in programs or activities conducted by federal agencies, as well as by employers that receive federal financial assistance. The law also requires federal agencies to take affirmative action to employ and advance individuals with disabilities, and to provide reasonable accommodations to enable them to perform their job duties.
Therefore, this law specifically prohibits discrimination against federal government employees with disabilities, and ensures that they are afforded equal employment opportunities and protections under the law.
Learn more about Rehabilitation Act of 1973 here:https://brainly.com/question/8268339
#SPJ1
A real estate professional leased a building for 10 years at an annual rent of $48,000. She will receive a commission of 7.5% for the first five years, 5% for the next three years, and 3.5% for the final two years. What will her gross income be from this commission over the life of the lease
Her gross income from this commission over the life of the lease is $28,560.
Commission for the first five years
Commission=5×(48,000× .075)
Commission=5×3600
Commission=$18,000
Commission for the next three years
Commission=3×(48,000 ×.05)
Commission=3×2,400
Commission=$7,200
Commission for the final two years
Commission=2×(48,000 ×.035)
Commission=2×1,680
Commission=$3,360
Gross income commission:
Gross income commission=$18,000+$7,200+$3,360
Gross income commission=$28,560
Inconclusion her gross income from this commission over the life of the lease is $28,560.
Learn more about gross income commission here:https://brainly.com/question/24825618
Possible careers related to my results that appeal to me most include:
Explanation:
ummmmn I don't get this lol
Common resources fall into five general groupings. They include __________, Teams, Facilities, Equipment, and Supplies.
Based on the information given regarding common resources, the last option will be Personnel.
It should be noted that common resources simply refer to the resources that are useful for an organization to be able to achieve its objectives.
Common resources fall into five general groupings. They include Personnel, Teams, Facilities, Equipment, and Supplies.
Learn more about resources on:
https://brainly.com/question/10426016
The rate at which a business increases revenue from sales is
Answer:
There are only four ways to increase revenue in your business: increase the number of consumers, increase the average transaction size, increase the frequency of transactions per client, and raise your rates.
Explanation:
which trade sanction (embargo or subsidy) would be more effective in protecting domestic jobs? EXPLAIN WHY!!!
Answer:
International trade increases the number of goods that domestic consumers can choose from, decreases the cost of those goods through increased competition, and allows domestic industries to ship their products abroad. While all of these effects seem beneficial, free trade isn't widely accepted as completely beneficial to all parties
In simplest terms, a tariff is a tax. It adds to the cost borne by consumers of imported goods and is one of several trade policies that a country can enact. Tariffs are paid to the customs authority of the country imposing the tariff. Tariffs on imports coming into the United States, for example, are collected by Customs and Border Protection, acting on behalf of the Commerce Department.6 7 In the U.K., it's HM Revenue & Customs (HMRC) that collects the money.
What is the purpose of long-term disability insurance?
To provide financial support if not working.
The market value for each type of expenditure is given for a hypothetical country in the table above. Calculate the gross domestic product of this country.
O $3,900
O $4,100
O $5,100
O $4,000
Answer:
Economic Performance Unit Test
1. -Notebooks sold to students.
-French fries sold to customers at a restaurant.
2. - $4,100
3. - The market value of new factories built this year.
4. - Real GDP fluctuates but follows an upward-sloping trend line.
5. - 100%
6. - 6.5 billion dollars
7. - 1.10%
8. Unemployment associated with workers who are between jobs.; Frictional unemployment
Unemployment resulting from mismatches between employer needs and employee skills.; Structural unemployment
Unemployment associated with the highs and lows of the business cycle.; cyclical unemplyment
9. -17%
10. - The economist is correct. Since more people are entering the workforce than are leaving it, a lack of jobs growth could result in a higher level of unemployment, even if the growth is not negative.
11. -4.8%
12. - An increase in the price of oil has reduced supply of all goods and services that use oil as an input.
- A tornado destroys factories and lowers supply levels throughout the economy.
13. housing costs,clothing cost utilities costs are Suuplemental Poverty Measure
food cost is both.
14.- negative income tax
15. - After practicing at home, a dishwasher has doubled the number of dishes he can wash in a single shift.
-After adopting a new typing strategy, a data scientist is able to provide more data services to clients.
16. - GDP increased from 200 billion dollars to 400 billion dollars, while total labor hours increased from 50 million to 75 million.
17. Essay
Explanation:
I just took the test these are 100% Correct.
Mark me braliest!!!!!
!00 %
Based on the market values given of the nation above, the gross domestic product is $4,100.
What is the GDP of this nation?That can be found by the formula:
= Consumption + Investment + Government Spending + Exports - Imports
Solving gives:
= 2,000 + 1,000 + 1,000 + 600 - 500
= $4,100
In conclusion, option B is correct.
Find out more on GDP at https://brainly.com/question/1383956.
If an individual completes 300 hours of classroom instruction, including the USPAP course and a 30-hour course in the principals of capitalization, and totals 30 months and 3,000 hours of experience under a Certified Appraiser, that individual may become A) a Certified General Appraiser. B) a Certified Residential Appraiser. C) a Licensed Appraiser. D) a Certified Industrial Appraiser.
An individual may become a Certified General Appraiser when he completes the 300 hours of classroom instruction including required course and experience under a Certified Appraiser.
The status of Certified General Appraiser is the highest level of appraiser certification.
Hence, any individual can become a Certified General Appraiser when he completes the 300 hours of classroom instruction including required course and experience under a Certified Appraiser.
Therefore, the Option A is correct.
Read more about Appraiser
brainly.com/question/25303980
PLEASE HELPP WITH CHEMISTRY
I don’t know how to solve this equation please help I’ll give brainlisttt!!!
Answer:
what is the equation? because I can't see it
A thrifty shopper wants to purchase a new phone that is made with quality parts. What factors should they consider?
High quality phones contain rare earth metals that are a less scarce resource and cost less to the consumer.
High quality phones contain rare earth metals that are a less scarce resource and cost more to the consumer.
High quality phones contain rare earth metals that are a more scarce resource and cost more to the consumer.
High quality phones contain rare earth metals that are a more scarce resource and cost less to the consumer.
People have different kinds of preference. The factor that should they consider is High quality phones contain are earth metals that are a more scarce resource and cost more to the consumer.
There are some traces of Rare earth metals in different quantities found in smartphones. They includes; Neodymium, dysprosium, praseodymium, terbium, etc., which are found inside displays and other electronic parts of smartphones.These rare earth metals used in high quality smartphones is known to give a striking beautiful colors such as green, blue, etc., due to their luminescent property. They are known to also make smart-phones vibrate amidst other functions.
Learn more about smartphones from
https://brainly.com/question/917245
Answer:
C
Explanation:
northern city bank keeps no excess reserves. assume northern city bank receives a deposit of $50 million dollars. as a result of the deposit, northern city bank’s required reserves increase by $10 million. what is the maximum possible change in the money supply in the banking system that could result from the $50 million deposit?
The maximum possible change in the money supply is $250 million.
The change in required reserves when an amount of money is deposited in a bank is determined by the reserve requirement.
Reserve requirement = increase in required reserves / amount deposited
$10 million / $50 million = 0.20 = 20%
The change in money supply can be determined using this formula:
Amount deposited / reserve requirement
$50 million / 20%
$50 million / 0.2 = $250 million
For more information, please check: https://brainly.com/question/25757631
Charity Hospital is holding its annual gala in a fancy downtown hotel. Tickets are $200 each, and the organization estimates that the fair value of the event is $125. Purchasers of gala tickets are entitled to a charitable contribution deduction of:
Based on the amount paid for the tickets and their fair value, the portion that is entitled to charitable contribution deduction is $75.
When one buys a ticket to a charitable event, there is a chance that some of the ticket price can be treated as a charitable contribution deduction.
The part that can be treated as such is anything in excess of the fair value of the ticket. This amount in this case is:
= 200 - 125
= $75
In conclusion, the answer is $75.
Find out more on charitable contribution deductions at https://brainly.com/question/8706786.
while rachel carson was writing silent spring, a picture of how ddt influences bird populations was emerging. scientists hypothesized that ddt was causing the observed decline in fish-eating bird populations. the assumptions and connections underlying this hypothesis were complex. in this activity, you will reconstruct those connections.
Rachel Carson's was known for her work on Silent Spring. The answers to the question are on the image. the first image shows the answers in the right order while the second image is about the questions before its arrangement.
The Silent Spring was known to be public awareness focused on nature as it was said to be vulnerable to human intervention.Carson in her work gave a radical proposal which state that technological progress is simply at odds or negative terms with natural processes and thus must be shortened.
Silent Spring was known to greatly opposition by chemical companies and this lead to reversal in national pesticide policy and also led to the ban on DDT for agricultural uses.
Learn more about the Silent Spring from
https://brainly.com/question/1107586
What is a primary benefit of starting a new business without purchasing a franchise or buying an existing business?
1. Less record keeping
2. Lower financial risk
3. You can apply your own experience
4. Developing your own rules
Answer:
4.
Explanation:
Instead of having to follow a franchises rules or prexisting rules at the existing business you can develope your own affecting costs and overall efficiency of your company.
The primary benefit of starting a new business without purchasing a franchise or buying an existing business is developing your own rules. Thus, option fourth is correct.
What is business?A business is described as a firm or organization that engages in economic, industrial, or professional activity. Businesses can be either for-profit or non-profit organizations.
Limited liability firms, sole proprietorship, companies, and partnerships are all elements of marketing structures.
The first step of the business is to prepare the budget. As contrast to satisfying the financial criteria of purchasing a franchise or a running firm, you can tailor your new business to match your available cash, such as by working from home or part-time.
Therefore, it can be concluded that option fourth is correct.
Learn more about business here:
https://brainly.com/question/8119526
#SPJ2
Each student ticket for an art museum costs $12. 50. The total cost for student tickets, t, varies directly as the number of tickets, s, purchased. Write an equation that models the proportional relationship between t and s.
The equation for the computation of the total cost for students tickets is [tex]t=\$12.5 \times s[/tex]
The total cost is referred to as the expense that is done to acquire any of the material or the thing from the market. This is the cost that is incurred by the consumer as well as the manufacturers.
The computation of the total cost:
[tex]\begin{aligned}\text{Total Cost}&= \text{Price of Per Unit} \times \text{No. of Persons}\\ t& =\$12.50 \times s\end{aligned}[/tex]
where t = Total Cost
s = Number of Persons.
Therefore, the correct equation formed is [tex]t=\$12.5 \times s[/tex]
To know more about the framing of the equation of the total cost, refer to the link below:
https://brainly.com/question/8838805
what is the difference between earned income, passive income, and investment income?
Explanation:
Earned income consists of income you earn while you are working a full-time job or running a business.
Passive income is income earned from rents, royalties, and stakes in limited partnerships.
Portfolio income is income from dividends, interest, and capital gains from stock sales.
Name one advantage and one disadvantage to changing career paths.
Answer;
Advantage: Working in a new industry will give you the opportunity to get to know a whole different crowd of people and expand your career network.
Disadvantage: Because there are so many career opportunities available, you may be tempted to change job roles too frequently. This can have a negative effect in the long-term; as employers may worry that you won’t stay in any new role for very long.
The advantage of changing career is it may improve quality of life and increase the level of interest. The disadvantage of changing career path is It can be risky as it can be tempted to change in job roles.
What is Career?Career refers to the variety of experiences that you have at the time of working. It includes education, training and work experiences.
There are several advantages as well as disadvantages of changing a career, the advantages are high level of interest, helps to develop new skill and improves the quality of living.
Demerits of changing career paths are very risky as it may led to unemployment, more flexibility required etc.
Learn more about paths here:
https://brainly.com/question/14340321
#SPJ2
a grocery store in a perfectly competitive market can
Answer:
A grocery store in a perfectly competitive market can. reduce its advertising budget more than its competitors. differentiate its product with respect to other firms. ignore profit-maximizing strategies. freely enter or exit the market.
help with this question
Answer: The answer is C Monitoring the budget
what difference would it make to the economy if there were no money? What commodities might serve as money instead? Provide reason for your answers.
Answer:
Well, we would simply be reduced to a barter economy. Therefore we would have to trade items for items.
Explanation:
This is the way it is because "Barter" is The exchange (goods or services) for other goods or services without using money. So if we needed beef, we would have to give the person trading the beef something of ours. As for countries who want to trade, if one needs wool, and one needs iron, and country A has Iron and country B has wool They'd barter the two items.
The December 31, Year 1, financial statements of Edwards Co. (a privately held company) were available to be issued on March 1, Year 2, and were actually issued on March 3, Year 2. As of December 31, Year 1, Edwards Co. had 250,000 shares of common stock outstanding. On February 15, Year 2, Edwards Co. issued 500,000 more shares of common stock. As a result of this transaction, Edwards Co. must: __________
Because of those issued transaction, Edwards Co. must provide the disclosure about the stock issuance in the footnotes included with the December 31, Year 1 financial statements
A Footnote is a section for financial disclosure that shows how the numbers in the statement of financial position and cash flow statements were determined.
Here, there are various stocks in Edward Company which were issued in the accounting year.Hence, because of those issued transaction, Edwards Co. must provide the disclosure about the stock issuance in the footnotes included with the December 31, Year 1 financial statements
Read more about Footnote
brainly.com/question/25306530
Kelsey is researching the eating habits of elephants. She types “elephants” into her search engine and it returns a lot of results she doesn't need. What is the best way Kelsey can get more specific results?
Change her research topic.
Read through the results.
Use a different search engine.
Use specific keywords.
Answer:
Use specific keywords.
Explanation:
Changing the research topic wouldn't do anything but give her more questions she didn't need. Reading through the results would be a waste of time since it says all of the results are stuff that didn't help her. Using a different search engine has no matter in the situation.
Revenues and expenses arising from activities that are not part of the company's operations are classified as ______ revenues and expenses.
Answer:
Nonoperating
Explanation:
The activities through which revenue and expenses occur which do not take part in the operations of business is consider as nonoperating.
How are NAFTA, the EU, and ASEAN similar
Answer:
Each decreases trade barriers among neighboring nations.
Explanation:
what is the purpose of long term disability insurance?
To provide financial support if person cannot work.
how to calculate how much taxes come out of paycheck
What is a natural risk that businesses should consider when establishing their information-management procedures