What is the trademinus−off that consumers face when buying the product of a monopolistically competitive firm?

a. consumers pay higher prices but the products are produced by highly efficient firms.

b. consumers pay a price greater than marginal cost, but have the luxury of choices more suited to their tastes.

c. consumers pay higher prices but receive better quality goods compared to the output of perfectly competitive firms.

d. consumers pay lower prices but have fewer choices.

Which law would encourage more people to become homeowners but not encourage risky loans that could end in foreclosure? options: offering first time homebuyers tax-free accounts to save for down payments requiring all mortgages to be more affordable, interest-only loans outlawing home inspections and appraisals by mortgage companies limiting rent increases to less than 2% a year

Special order carson manufacturing, inc., sells a single product for $36 per unit. at an operating level of 8,000 units, variable costs are $18 per unit and fixed costs $10 per unit. carson has been offered a price of $20 per unit on a special order of 2,000 units by big mart discount stores, which would use its own brand name on the item. if carson accepts the order, material cost will be $3 less per unit than for regular production. however, special stamping equipment costing $4,000 would be needed to process the order; the equipment would then be discarded. assuming that volume remains within the relevant range, prepare an analysis of differential revenue and costs to determine whether carson should accept the special order. use a negative sign with answer to only indicate an income loss from special order; otherwise do not use negative signs with your answers.

George retired from a local law firm and then volunteered to oversee a nonprofit's legal records. george is performing the duties of a: