Consider the two perceived demand curves shown in the graph. A graph with price on the vertical axis and quantity on the horizontal axis.
The graph contains two line that intersect.
Line A is perfectly horizontal and line B is downward sloping.
Select the statement that best describes the market structure of each:
a. A is oligopoly, and B is monopoly.
b. Both are monopolies.
c. Both are perfect competition.
d. B is perfect competition, and A is monopoly.
e. A is perfect competition, and B is monopoly
Answers: 3
Business, 22.06.2019 18:00
1. what is the amount of interest earned after two years on a $100 deposit paying 4 percent simple interest annually? $8.00 $4.08 $8.16 $4.00 2. what is the amount of compound interest earned after three years on a $100 deposit paying 8 percent interest annually? $24.00 $8.00 $16.64 $25.97 3. a business just took out a loan for $100,000 at 10% interest. if the business pays the loan off in three months, how much did the business pay in interest? $2,500.00 $10.00 $250.00 $10,000.00 4. what is the annual percentage yield (apy) for a deposit paying 5 percent interest with monthly compounding? 5.00% 5.12% 79.59% 0.42%
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Business, 22.06.2019 21:00
The purpose of the transportation approach for location analysis is to minimize which of the following? a. total costsb. total fixed costsc. the number of shipmentsd. total shipping costse. total variable costs
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Business, 22.06.2019 23:50
When a market is in equilibrium, the buyers are those with the willingness to pay and the sellers are those with the costs.
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Business, 23.06.2019 00:20
Firms like papa john’s, domino’s, and pizza hut sell pizza and other products that are differentiated in nature. while numerous pizza chains exist in most locations, the differentiated nature of these firms’ products permits them to charge prices above marginal cost. given these observations, is the pizza industry most likely a monopoly, perfectly competitive, monopolistically competitive, or an oligopoly industry?
Answers: 1
Consider the two perceived demand curves shown in the graph. A graph with price on the vertical axis...
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