subject
Business, 15.04.2020 01:33 shayleewright

Give two examples of products sold in perfectly competitive markets and two examples of products sold in monopolistically competitive markets. A. The Sony PS3 and the Microsoft Xbox are sold in perfectly competitive markets and Starbucks coffee and Gap clothing are sold in monopolistically competitive markets. B. Apples and oranges are sold in perfectly competitive markets and electricity and cable TV are sold in monopolistically competitive markets. C. Starbucks coffee and Gap clothing are sold in perfectly competitive markets and cigarettes and beer are sold in monopolistically competitive markets. D. Wheat and corn are sold in perfectly competitive markets and Starbucks coffee and Gap clothing are sold in monopolistically competitive markets. E. Cigarettes and beer are sold in perfectly competitive markets and Starbucks coffee and Gap clothing are sold in monopolistically competitive markets.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 20:20
Miller mfg. is analyzing a proposed project. the company expects to sell 8,000 units, plus or minus 2 percent. the expected variable cost per unit is $11 and the expected fixed costs are $287,000. the fixed and variable cost estimates are considered accurate within a plus or minus 5 percent range. the depreciation expense is $68,000. the tax rate is 32 percent. the sales price is estimated at $64 a unit, plus or minus 3 percent. what is the earnings before interest and taxes under the base case scenario?
Answers: 1
question
Business, 22.06.2019 06:00
For 2018, rahal's auto parts estimates bad debt expense at 1% of credit sales. the company reported accounts receivable and an allowance for uncollectible accounts of $86,500 and $2,100, respectively, at december 31, 2017. during 2018, rahal's credit sales and collections were $404,000 and $408,000, respectively, and $2,340 in accounts receivable were written off.rahal's accounts receivable at december 31, 2018, are:
Answers: 2
question
Business, 22.06.2019 12:50
Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?
Answers: 2
question
Business, 22.06.2019 16:00
In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.
Answers: 1
You know the right answer?
Give two examples of products sold in perfectly competitive markets and two examples of products sol...
Questions
question
History, 28.06.2019 05:40
question
Mathematics, 28.06.2019 05:40
question
Mathematics, 28.06.2019 05:40
Questions on the website: 13722367