The demand curve facing a monopolistic competitor seller will be __________ than the demand curve facing a perfectly competitive firm, because the price elasticity of demand for the monopolistic competitor firm's product is __________ than that for the perfectly competitive firm.

Answers

Answer 1

The price elasticity of demand for the monopolistic rival company's product is steeper than that for the perfectly competitive firm, the demand curve facing a monopolistic competitor seller will be lower than the demand curve facing a perfectly competitive firm.

What is demand curve?

A demand curve is a graphic representation of the relationship between product price and quantity demanded in economics. The price is plotted on the vertical axis, while the amount demanded is plotted on the horizontal.

The demand curve is commonly represented as sloping downward from left to right because price and quantity demanded are inversely related.

Thus, the right option are steeper and lower.

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Related Questions

Bayside Restaurant LLC is a limited liability company. Its sole member is Conrad. For federal income tax purposes, unless the firm indicates otherwise, it will automatically be taxed as

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For federal income tax purposes, unless the firm indicates otherwise, the firm would be taxes as disregarded entity, meaning that Conrad will be taxed like a sole proprietorship.

What is a limited liability company?

A limited liability company is a type of private company. The partners can be one or more. The partners of a limited liability company have limited liabilites.

For tax purposes, if there is only one partner, a limited liability company is treated like a sole proprietorship and if there are more than one partners, the firm is treated like a partnership.

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Explain how gentrified neighborhoods or areas of new urbanism redevelopment can affect the larger metropolitan area’s housing economy.

Answers

As businesses move into low-income places, it boast the value of property in that area. The people that are unable to afford  housing there will be forced to relocate.

What is Gentrification?

This is known to be the act or ways that is used for urban development where a neighborhood is said to be created fast in a short period of time.

Conclusively, gentrified neighborhoods or areas of new urbanism redevelopment can affect the larger metropolitan area’s housing economy because businesses move into low-income places, it boast the value of property in that area. The people that are unable to afford  housing there will be forced to relocate.

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If your identity is stolen, you should file a police report.


True


False

Answers

Answer:

true like why wouldnt you do that

Explanation:

Answer:

True

Explanation:

having sombody's identity is a very powerful tool

How is the change in cash classified on the statement of cash flows?.

Answers

Change in cash flow is classified as either operating, investing and financing

Cash Flow

Cash flow is the inflow or outflow of money in an organisation, so basically the organisation takes in money for services rendered and gives out money for payment made.

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Sally needs to be able to deliver customer sales data to multiple departments in real time. Which feature of her company's new accounting

software will enable her to do that?

OA.

electronic transactions

ОВ.

customizable reports

Ос.

electronic funds transfer

OD

supply chain capability

Answers

Sally needs to deliver customer sales data to multiple departments in real-time by using customizable reports.

What do you mean by accounting?

Accounting is a means of collecting, summarizing, analyzing, and reporting business information in monetary terms.

As sally needs to deliver the customer sales data to multiple departments in real-time, customizable reports can be helpful in this case.

A customizable report is a type of report that is created and metrics and dimensions should be added and it will display in the way.

Therefore, OB is the correct option.

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Selective optimization with compensation theory states that successful aging is related to three main factors:

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Selective optimization with compensation theory states that successful aging is related to three main factors: selection, optimization, and compensation.

What is selective optimization with compensation theory?

Selective Optimization With Compensation theory is a theory that refers to a person's lifespan model of psychological and behavioral management.

The lifespan model explains how individuals adapt to changes related to their human development and age-related gains and losses.

Thus, selective optimization with compensation theory states that successful aging is related to three main factors: selection, optimization, and compensation.

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In forecasting, a tracking signal is used to: a. Determine if the forecast bias is within the acceptable control limits b. Measure the underlying changes in demand c. To route the products on a different mode of transportation d. Estimate the demand for the next period

Answers

The role of the tracking signal when used in forecasting is to a. Determine if the forecast bias is within the acceptable control limits.

What is the purpose of the tracking signal?

When events are forecasted, it is not possible that this is done with absolute certainty as there will be some forecast bias. This bias will have to be within a certain range to make the forecasting less risky.

The tracking signal is therefore used to ensure that the range of the forecast bias is within the accepted parameters that were set.

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If the price elasticity of supply is 0.8, and price increased by 5%, quantity supplied would Group of answer choices increase by 4%. increase by 6.25%. decrease by 4%. decrease by 6.25%.

Answers

If the price elasticity of supply is 0.8, and price increased by 5%, quantity supplied would increase by 4%.

What is price elasticity of supply?

Price elasticity of supply is defined as the ratio of the percentage change in quantity supplied of a commodity to the percentage change in price.

It means that the responsive change in the quantity supplied in relation to the price of the commodity.

The formula of Price elasticity of supply is:

[tex]\text{Price Elasticity of Supply}=\dfrac{\text{\%Change in quantity Supplied}}{\text{\%change in price}}[/tex]

Now, according to the given information,

Price Elasticity of Supply = 0.8, and

Price increased = 4%

Now, by applying the values in the above formula to get the Price Elasticity of Supply:

[tex]\text{Price Elasticity of Supply}=\dfrac{\text{\%Change in quantity Supplied}}{\text{\%change in price}}\\\\\%\text{Change in quantity Supplied}= 0.8 \times 5\\\\\%\text{Change in quantity Supplied}=4\%[/tex]

Therefore, option A is correct.

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Suppose the fed announces that it is lowering its target interest rate by 75 basis points, or 0. 75 percentage point. To do this, the fed will use open-market operations to the money by the public.

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When the Fed increases the volume of money in circulation or the money supply to the public interest rate is bound to reduce.

What is Money Supply?

In Economics, money supply is defined as the capacity of cash in the position of people in the society in any point in time. In other word, it the volume of money in circulation.

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Stitch Fix is a successful online clothing company. One of the difficulties in running a clothing company is the need to have significant ________, a large number of items in each product line.

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One of the challenges of running a clothing firm is the requirement for substantial product line depth, which means a big number of goods in each product line.

What is a product line depth?

A product line is a collection of similar and comparably related products. A product line might include products that are connected by:

Functionality, Target audience, Price point, or Brand.

The amount of products supplied under a product line is referred to as its product line depth.

Therefore, we can conclude that one of the challenges of running a clothing firm is the requirement for substantial product line depth, which means a big number of goods in each product line.

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What best states the relationship between having a newsworthy product and public relations efforts?

Answers

Answer:

Together a newsworthy product and a strong public relations campaign increase the chances of press coverage.

Explanation:

Marketing promotes the transfers of goods and services from the producer and provider to consumer. Public relations helps an organization and its publics adapt mutually to each other.

Reports to ______ managers are usually less detailed because they need to concentrate on the key issues.

Answers

The reports to the functional area manager are usually less detailed because they need to concentrate on the key issues.

Who are the functional area managers?

These are the managers that are concerned with the management and the planning of all the personnel activities.

This person has to hire and also train staff. They are the ones that have to find out the areas of the business that requires improvement.

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Answer: upper-level

Explanation:

If Green Giant wants to provide its resellers with a secondary incentive to stimulate repurchases after an initial consumer coupon campaign for its latest product, it can offer resellers a sum of money for each unit purchased. This type of sales promotion is a

Answers

The type of sales promotion that Green Giant wants to use which involves offering resellers a sum of money is called a buy-back allowance.

What is a buy-back allowance?

This refers to a sales strategy that is offered by suppliers and producers to those who resell to customers.

It involves offering the resellers an incentive which could be financial or otherwise, to purchase more units and stock more products just like Green Giant is doing.

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Even with the laws and regulations in place to protect employees, do you think that discrimination still occurs? Why or why not?

Answers

Answer: (Personal Opion) I think that eveb with the current laws and regulations in place that their will always be discrimination

against employees.

Explanation:

Just an idea

Your calculator-making company has a policy of increasing prices 2% per year above the rate of inflation. Inflation last year was 1.9%. If your calculator was priced at $80 last year, how much should it be this year

Answers

According to the policy of calculator-making company on increasing the price by 2%. The Current price should be $81.55.

What is inflation?

Inflation is defined as a general rise in the price of goods and services in a given economy. When the general price level rises, each unit of currency buys fewer products and services, resulting in a loss of purchasing power.

Computation of price of current year:

According to the given information,

Last year price of Calculator = $80,

Policy of raise in price = 2%

Last year inflation rate = 1.9%

Then,

[tex]\text{Current Price} = \text{Price} + (\text{Price} \times \text{Inflation Rate} )+\text{ Increasing Price}\\\\\text{Current Price} = \$80+ (\$80 \times 1.9\%) + 2\%\\\\\text{Current Price} =\$81.55[/tex]

Therefore, the Prince of calculator in the current year would be $81.55.

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Country c used to be a command economy but is now in the process of altering its economic system to embrace free-market capitalism. it is privatizing businesses that the state once owned, granting more political and economic freedoms, boosting trade with western europe, and seeking foreign investment. its gdp is improving and has reached $9,000 per capita. it is also improving its transit and financial infrastructure. independent banks and a stock market have just been created with imf loan assistance. which factor places this nation in the transitioning category? multinational corporations operate within its borders. it is shifting from a planned to a free-market economy. it has recently increased trade with western europe. it has a rising gdp.

Answers

Answer:

Which factor places this nation in the transitioning category?

Multinational corporations operate within its borders.

It is shifting from a planned to a free-market economy.<<<CORRECT

It has recently increased trade with Western Europe.

It has a rising GDP.

Explanation:

2022 EDGE CORRECT

Answer:

b

Explanation:

oink moo oink piggy moo cow

The 1 year spot rate is 2.5%. The YTM of a bond due in 2 years is 3.7%. The bond pays 3% coupon annually. The 2-year spot rate is

Answers

Based on the given YTM of a bond, the 1 year spot rate, and the bond payment, the 2-year spot rate is 3.72%.

What is the 2-year spot rate?

First find the coupon payment:

= 3% x 1,000 face value

= $30

The 2 year spot rate can be found in the formula:

(Coupon payment / (1 + YTM)) + ( (Face value + Coupon) / (1 + YTM)²) = (Coupon payment / (1 + 1 year spot rate)) + ( (Face value + Coupon) / (1 + 2-year spot rate)²)

Solving gives:

30/1.037 + 1,030/1.037² = 30/1.025 + 1,030/(1 + 2 year spot rate)²

986.74 = 29.268 + 1,030/(1 + 2 year spot rate)²

957.472 = 1,030/(1 + 2 year spot rate)²

(1 + 2 year spot rate)² = 1,030 / 957.472

2 year spot rate = 1.037183 - 1

= 3.72%

In conclusion, the 2-year spot rate is 3.72%.

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________ involves mutual respect and trust among buyers and sellers, and focuses on creating long-term customers, not a one-time sale.

Answers

Answer:

Relationship selling involves mutual respect and trust among buyers and sellers, and focuses on creating long-term customers, not a one-time sale.

Define the following:
1. Allocation of resources
2. Economic system
3. Market economy

Answers

Allocation of resources is the assignment of available resources to various uses.Economic system is a system of production, resource allocation and distribution of goods and services within a society or a given geographic area.Market economy is an economic system where supply and demand, direct the production of goods and services.

1. Allocation of resources

apportionment of productive assets among different uses.

2. Economic system

by which societies or governments organize and distribute available resources, services, and goods across a geographic region or country.

3. Market economy

an economic system where two forces, known as supply and demand, direct the production of goods and services.

eg: US, Japan

What problem exists when people who can’t be excluded from using a good choose not to pay for it?.

Answers

The type of problem that exists when people who can’t be excluded from using a good (product) choose not to pay for it is called a free-rider problem.

What is a free-rider problem?

A free-rider problem can be defined as a type of market failure and burden that typically occurs when people who benefit from public goods or shared resources refuse to pay for them.

This ultimately implies that, a free-rider problem is the type of problem that exists when people who can’t be excluded from using a good (product) choose not to pay for it.

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Easels, brushes, and canvases are ______ used by artists.
tools
skills
qualifications
tasks

Answers

Answer:

Tools used by artists

☆anvipatel77☆

•Expert•

Brainly Community Contributor

Answer:

tools

Explanation:

Your piggy bank is full. What will you do with the money inside of it?
Find a bigger jar and keep saving
Put the money in a bank account
Buy something that is super cool
Vote
Down below

Answers

Answer:

buy so.ething that is super cool

Explanation:

I LOVE SHOPPING AND SPEDING MONEY LOL!!!!

put the money in a bank account to save and build your credit and invest.

E. In cell L16, enter a formula using the AVERAGEIF function that averages the budget amounts for Action movie projects

Answers

The purpose of an AVERAGEIF function is to help one find the average of numbers that meet a certain criteria within a dataset.

What does an AVERAGEIF function do?

The full question is not provided so the best I can do is to provide a general overview.

An averageif function is available in spreadsheets and is used to find the average of numbers in a range of data that meet a certain criteria.

For instance, if you want to average the budget amounts for Action movie projects, a relevant formula would be:

= AVERAGEIF(Projects, "Action movie", Projects[Budgets])

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Which teams would typically use a probing strategy when interfacing with outside groups or individuals

Answers

The team that'll use a probing strategy when interfacing with outside groups or individuals include the product and strategic team.

What is probing strategy?

It should be noted that probing strategy simply means asking questions in order to get more details.

In this case, the team that'll use a probing strategy when interfacing with outside groups or individuals include the product and strategic team.

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A perceived or real incompatibility of goals, values, expectations, or processes between two or more interdependent parties is known as

Answers

The incompatibility of goals, values, and expectations between two individuals or groups which are interdependent on each other is known as conflict.

What is interdependence?

Interdependence is the characteristic of an individual or group where one is dependent on the other. This could be seen in one's family where children are interdependent on their parents.

Conflict arises between two parties when one party is against the other party or when the aims, values, and expectations of one person don't match or clashed with the other person. It could generally be observed in those parties which are interdependent on one another.

Therefore, conflict happens between interdependent parties when the goals, values, and expectations are different.

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The GDPR strengthens the privacy rights for internet-based companies. Group of answer choices True False

Answers

The GDPR does not strengthen the privacy rights for internet-based companies. The answer is false.

What is the GDPR?

This is the short form for the terms General Data Protection Regulation. The law is a data protection law that was made in the European Union.

This data law is the strongest in the world. It was passed to protect the rights of people to their personal information.

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One of the most important things to practice while dribbling is using your peripheral vision. question 5 options: true false

Answers

Answer:

true

Explanation:

brainliest please

The production possibilities curve is bowed out (curve) because
A. as the price of a good increases, the quantity supplied increases.
B. as production of one good increases, the opportunity cost remains constant.
C. as production of one good increases, the opportunity cost increases.
D. as the price of a good increases, the quantity supplied decreases.

Answers

Answer:

as the price of a good increases,the quantity supplied decreases

Answer:

I think it's B

Explanation:

Because there are increasing opportunity costs of production.

List the steps in allocating costs to operating departments and preparing departmental income statements, with the first step on top. Instructions
Choice 1 of 3. Accumulate sales, direct expenses, indirect expenses by department toggle button Accumulate sales, direct expenses, indirect expenses by department
Choice 2 of 3. Allocate indirect expenses to service and operating departments toggle button Allocate indirect expenses to service and operating departments
Choice 3 of 3. Allocate service department expenses to operating departments toggle button Allocate service department expenses to operating departments

Answers

Accumulate sales, direct expenses, indirect expenses by department toggle button Accumulate sales, direct expenses, indirect expenses by department.

What is direct expenses?

A direct expense is one that is proportional to the volume of a cost object. Any item for which you are assessing expenses, including as items, product lines, services, sales areas, workers, and consumers, is referred to be a cost object.

Thus, option A is correct

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President carter’s first economic plan proposed decreasing government spending. challenging the oil embargo. increasing government spending. lowering the price of everyday goods.

Answers

The first economic plan that was proposed by President Carter upon resumption of office was to increase government spending.

What is an economic plan?

These are plans that involves decision that will stimulate the economy condition of a country.

The proposed increase government spending was intended to make sure there is an increase money supply in the country.

Therefore, the Option C is correct.

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Answer:

The proposed increase government spending was intended to make sure there is an increase money supply in the country.Therefore, the Option C is correct.

Explanation:

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