if one were to discuss why the term "monopolistic competition" is used, the best description would be that the industry is "monopolistic" because it
a. holds patents, but is "competitive" because other firms might invent similar patentable products.
b. has a monopoly, but is "competitive" because there are low barriers to entry, meaning it has potential rivals.
c. has low barriers to entry, but is "competitive" because it has few firms.
d. has product differentiation, but is "competitive" because it has many firms.
e. has high barriers to entry, but is "competitive" because it has many firms.

\({\tiny \tiny \tiny \tiny \tiny \:{\color{limegreen}\color {limegreen}{\tt \tt \tt \tt{ \: \:√ \: \: sHlnINgStaR\: \:}}}}\)

HOPE IT'S HELP

Answer:

58.33%

Explanation:

Amos Salary is $2400

The rent amount is $1000

Amount left after rent will be

=$2,400 - $1,000

=$1,400

The percentage

= $1400/$2400 x 100

=0.5888888 x 100

=58.33%

Answer:

The cash a/c is debited as it is an asset for the business and the capital a/c is credited as it is a liability for the business according to the business entity concept.

Allowing young people to have credit cards can foster financial education, provide a safety net in emergencies, and build a positive credit history. Proper guidance and monitoring are essential for responsible usage.

Introduction:

The question of whether young people should be allowed to have credit cards has sparked a debate. Proponents argue that it can foster financial responsibility and independence, while critics express concerns about potential risks. In this discussion, we will examine the main facts supporting the allowance of credit cards for young individuals.

Supportive Arguments:

1. Financial Education: Allowing young people to have credit cards can serve as a valuable tool for financial education. It provides an opportunity for them to learn about money management, budgeting, and the consequences of overspending. By actively managing their credit card usage, young individuals can develop essential skills that will benefit them throughout their lives.

2. Emergency Situations: Credit cards can act as a safety net in emergencies. Young people may encounter unforeseen circumstances that require immediate access to funds, such as medical expenses or urgent car repairs. Having a credit card enables them to handle such situations independently, without relying on others for financial assistance.

3. Building Credit History: Establishing a credit history early on can be advantageous for young individuals. Responsible credit card usage allows them to build a positive credit history, which can help when applying for loans, renting an apartment, or securing future financial opportunities. By demonstrating responsible financial behavior at a young age, they set themselves up for better financial prospects in the long run.

Conclusion:

While concerns exist regarding young people having credit cards, the supportive arguments highlight the potential benefits. Credit cards can be valuable tools for financial education, provide a safety net in emergencies, and assist in building a positive credit history. However, it is crucial to emphasize the importance of proper guidance and monitoring to mitigate potential risks and ensure responsible credit card usage. With the right approach, allowing young individuals to have credit cards can contribute positively to their financial development.

Learn more about credit cards here: brainly.com/question/30940802

#SPJ11

A closed economy is one in which the home economy is isolated from foreign trade

An economy that has little or no international trade is said to be closed. In a closed economy, capital, goods, and services cannot move freely and trade and investment with other nations are severely regulated by the government. In other words, a closed economy is severely regulated by the government but is not completely cut off from international trade.

In a closed economy, where resources, production, prices, and the distribution of goods and services are all under government control, the government exerts significant economic influence. The open economy, in which international commerce and investment are unrestricted, is the antithesis of this economic structure.

Complete Question:

A closed economy is one in which

A. Imports exactly equal exports, so that trade is balanced

B. Domestic firm invest in industries overseas

C. The home economy is isolated from foreign trade

D. Saving exactly equals investment at full employment

Read more about the closed economy on:

https://brainly.com/question/1279943

#SPJ4

Explanation:

SUB-TOTAL:

The total for a part of a list of numbers being summed.

TOTAL:

An amount obtained by addition of smaller amounts.

Answer:

subtotal is all the different parts being added together from different list.

total is the all items being added together plus tax.

Explanation:

Answer: C.

Explanation:

A good time to observe the dress code to prepare for your first day is during an interview. Thus, option A is correct.

A planned interaction in which one party asks questions and the other responses is known as an interview. A one-on-one conversation between an interviewer and an interviewee is referred to as a "interview" in everyday speech.

In general, the individual should dress professionally or in business clothes for a job interview. The interview is a dialogue in which you and your prospective employer exchange information.

Therefore, it can be concluded that During an interview is a wonderful opportunity to review the dress code in order to get ready for your first day. Therefore, choice A is correct.

Learn more about interview here:

https://brainly.com/question/15128068

#SPJ5

Transactions that don’t increase or decrease cash, but that result in significant investing and financing activities, are reported either directly after the cash flow statement or in a separate note to the financial statements as noncash activities.

The above statement is True

What do you mean by transactions?

To know more about Transactions here

https://brainly.com/question/1016861

#SPJ1

In an interview an economist states, "This problem should be of greater concern to the federal government." We can explicitly put this statement in the category of normative economics. Answer is normative economics.

According to the school of thought known as normative economics, economics as a topic should express value judgements and attitudes regarding economic projects, claims, and policies. It assesses whether circumstances and the results of economic behaviour are morally good or evil.

For instance: Teenage unemployment rises when the minimum wage is raised. Normative claims involve a value determination. They contain phrases like "have to," "ought to," "must," and "should," as well as nonquantifiable adjectives that cannot be quantified objectively, such "essential."

To know more about normative economics visit:

brainly.com/question/28295914

#SPJ4

Complete question:

In an interview an economist states, "This problem should be of greater concern to the federal government." We can explicitly put this statement in the category of

Answer:

Opinion based.

Explanation:

Corporations may choose to compete for labor since in not doing so may result with economic loss which is not good for the corporation. There may be benefits from working together such as a corporation growth but more income results in many wanting more money or unfair wages within the both corporation towards each other.

Answer:

I'm pretty sure the answer is d

Explanation:

Alternatively, you may pay out-of-pocket for your rental then seek reimbursement from the other insurance company once it completes its investigation.

Answer:

D

Explanation:

Coming to a school activity after participating in happy hour with colleagues is not an example of a violation of professional ethics.

Professional ethics encompass the personal and corporate standards of behaviour expected of professionals. The word professionalism originally applied to vows of a religious order. By no later than the year 1675, the term had seen secular application and was applied to the three learned professions, they are divinity, law, and medicine. The term professionalism was also used for the military profession around this same time.

Professionals and those working in acknowledged professions exercise specialist knowledge and skill. The use of this knowledge should be governed when providing a service to the public can be considered a moral issue and is termed professional ethics. It is capable of making judgments, applying its skills, and reaching informed decisions in situations that the general public cannot because they have not attained the necessary knowledge and skills.

One of the earliest examples of professional ethics is the Hippocratic oath to which medical doctors still adhere to this day.

Learn more about ethics, here:

https://brainly.com/question/11992384

#SPJ6

Answer:

audience, impression, frequency, and cost per thousand (CPM) 3.

Reach””The number or percent of different homes or persons exposed at least once to an advertising schedule in one or more media vehicles over a given period of time.

Frequency””The average number of times that the household or person is exposed to a media vehicle, schedule or campaign over a given time period.

A packaging innovation such as this could actually be perceived by the buyer as a New product innovation.

A new product or service that has been significantly improved in terms of its features or intended applications is referred to as a product innovation.

Making something that addresses an issue in a product and intriguing manner is considered product innovation in new products. Product innovation refers to the addition of better or more functionality to already existing items.

"The development and market release of a new, revised, or significantly improved good or service" is the definition of "product innovation." It's not just about creating something new and unique; it's also about improving on what currently exists.

To learn more about  product innovation

https://brainly.com/question/17218280

#SPj1

Here is a sample set of 8 data points with a mean of 4.5:4, 5, 4, 6, 5, 4, 5, 6 with no more than eight data point.

To calculate the mean of a set of data, you add up all the values and divide by the number of values in the set. The mean represents the average value of the set.

In this set of 8 data points: 4, 5, 4, 6, 5, 4, 5, 6

The sum of the values is: 4 + 5 + 4 + 6 + 5 + 4 + 5 + 6 = 39

And when you divide the sum by the number of values, which is 8, you get: 39 / 8 = 4.875

Rounding to one decimal place, the mean is 4.9.

However, to have a mean of 4.5, you would have to adjust the set of data points slightly so that their mean is exactly 4.5.

To know more about a sample set:

https://brainly.com/question/28868559

#SPJ4

There are two ways to deposit money into and withdraw money from a checking account: either visit a bank branch and deal with a bank teller there, or use the closest ATM you can find.

One of the easiest and fastest ways to deposit money into your account is by using a credit card or debit card. These bank cards are widely used, therefore you are no longer need to open a separate account. Additionally, money is transferred to your account balance right away.

Customers of financial institutions can conduct financial activities, such as cash withdrawals, deposits, funds transfers, balance inquiries, or account information enquiries, at any time and anywhere using an automated teller machine (ATM), sometimes known as a cash machine in British English without having to speak to a bank employee directly.

Customers can use an ATM to access their bank deposit or credit accounts and perform a number of financial operations, including checking their balances, withdrawing cash, and transferring credit to and from mobile devices.

Learn more about ATM here

https://brainly.com/question/24198010

# SPJ 5

Answer:

1. Credit 2. Debt 3. Bankruptcy 4. Wants 5. Needs 6. Cash 7. Impulse Buying 8. Long-term goals 9. Short-term goals 10. Budget 11. Discretionary income 12. Scarcity 13. Fixed Expenses

Explanation:

The Present value is $ 1223.26.

Future value = $1650

n = 5 years

Interest = 6%

Calculation of present value:

Rate = 6.1678 %

Present value = future value / \((1+rate)^{n}\)

                      = $ 1223.26.

Present value is a technique of accounting based on the value of replacing assets on the fees that would be paid now, instead of on the charges they had been at first sold for modern cost accounting can yield consequences which can be materially extraordinary from traditional accounting based totally on ancient fees.

The fair price of the stock is a subjective term calculated using the contemporary monetary statements, marketplace function, and feasible growth cost from a fixed of metrics. In comparison, the market fee is the cutting-edge percentage price at which the inventory or asset is traded.

Learn more about Present value here:- https://brainly.com/question/15904086

#SPJ4

According to the inventory control system matrix, where the independent demand is with high transaction costs, it is likely to deploy a type inventory control process known as Manual two-bin.

In inventory control process, the two-bin control is a system used to determine when items or materials used in production should be replenished. When the items in the first bin have been depleted, an order is placed to refill or replace them. The second bin is therefore, supposed to have enough items to last until the order for the first bin arrives.

Therefore, the manual two-bin is the system that will be deployed where the independent demand is with high transaction cost.

Read more about manual two-bin

brainly.com/question/10156251

#SPJ1

To determine the amount of gain or loss Kapono would recognize on the exchange, we need to calculate the difference between the fair value of the farmland given up and its book value. In the first scenario, the fair value of the farmland given is $860,000.

Assuming the exchange has commercial substance, the entire gain or loss would be recognized. In the second scenario, the fair value of the farmland given is $464,000. If the exchange lacks commercial substance, the gain or loss recognition depends on the cash received or paid in the transaction. If no cash is involved, no gain or loss is recognized, and the initial value of the new land is the same as the book value of the farmland given.

Lastly, if the fair value of the farmland given is $464,000 and the exchange lacks commercial substance, the gain or loss recognition would again depend on the cash received or paid. The initial value of the new land would be the same as the book value of the farmland given, adjusted for any cash received or paid.

To know more about  fair value visit:

https://brainly.com/question/29617874

#SPJ11

Peter has been highly impressed with Sam's sales performance and considers him to be his best salesperson. Therefore, when Sam's sales start to decline, Peter is hesitant to believe that Sam is not performing at the same level as before.

He is willing to give Sam the benefit of the doubt and assumes that it is just a run of bad luck and continues to give Sam high performance ratings. However, Peter should take a closer look at Sam's sales performance and investigate further to determine what could be causing the decline in sales.

It is possible that Sam is not delivering the same level of performance as before and that Peter needs to provide additional coaching and support to get Sam back on track.

know more about sales here

https://brainly.com/question/29857652#

#SPJ11

In deciding how much of a role the guest should play in co-producing an experience, both the organization and the guest must decide.

The organization should create opportunities for guest involvement, while the guest ultimately chooses the level of their participation.

In deciding how much of a role the guest should play in co-producing an experience, both the organization and the guest must decide. It is important for the organization to establish clear guidelines and expectations for guest involvement, while also allowing room for flexibility and creativity.

At the same time, the guest must also be willing to actively participate and contribute to the co-creation process in order for the experience to be successful. Ultimately, it is a collaborative effort between both parties to co-produce a memorable and engaging experience.

Learn more about opportunities here: brainly.com/question/29341508

#SPJ11

In my opinion, paying large financial bonuses to crew members can have both positive and negative impacts on teamwork. On one hand, the promise of a large bonus can motivate individuals to work harder and push themselves to achieve team goals. This can lead to increased productivity and a greater sense of camaraderie among team members as they work together towards a common goal. Additionally, the acknowledgement of individual contributions through financial incentives can help team members feel valued and appreciated.

On the other hand, if bonuses are based solely on individual performance, it can create a sense of competition among team members and discourage collaboration. This can lead to resentment and mistrust among team members, ultimately undermining teamwork. Furthermore, if bonuses are not distributed fairly or transparently, it can erode trust and damage team cohesion.

To know more about bonuses visit:

https://brainly.com/question/27622487

#SPJ11

Answer:

The answer is "Option D".

Explanation:

Using the formula for calculating present value:

\(= \frac{Future \ value}{(1+r)^n}\\\\\)

that's why "Option D" is correct.

By completing Form W-4: An Employee's Withholding Allowance Certificate, you can let your employer know how much money should be taken out of your paycheck to cover federal paycheck taxes.

The federal government determines the paycheck taxes percentages that workers must pay. Payroll taxes or FICA (Federal Insurance Contributions Act) taxes are subtracted from your paycheck and include Social Security and Medicare taxes. Social Security taxes provide retirement and disability benefits for workers and their families. The Medicare tax, which also includes medical benefits, applies to all adults 65 years of age and over, as well as to some disabled people who are younger. It also applies to people with chronic renal failure who require dialysis or a transplant. Employers contribute to these payroll taxes in part.

Learn more about paycheck taxes here:

https://brainly.com/question/30057301

#SPJ4

A security deposit and first month's rent must typically be paid to the landlord at the time of the lease signing in order to secure an apartment. Therefore, option (b) or (ii) is the correct answer.

A landlord may request references from employers or past landlords in addition to running a credit check.

In addition, they have a legal obligation to ensure that a tenant is authorized to reside in the UK, thus they will want some sort of identity to do so.

In addition to the first month's rent upfront, they might additionally need evidence of employment, such as paystubs or a P60.

In some circumstances, a tenant would have to utilize a guarantor. In the case that the tenant is unable to pay the rent, this person commits to doing so.

A parent or other relative with higher credit or evidence of a reliable income is frequently this person.

Therefore, The deposit and first month's rent must often be paid in full before you can move in once your application to rent a property has been accepted and you have completed your tenant reference checks.

Learn more about the landlord's credit check below;

https://brainly.com/question/30126092

#SPJ1

Entrepreneurial trait is Dawson demonstrating is strategic thinking. Option B is correct.

Planning for the future requires the ability to think strategically. Strategic thinking the ability to plan plans and come up with concepts that will take into account the numerous obstacles that lie ahead while also coping with changing situations.

Further Strategic thinking can also imply creating a plan to deal with potential obstacles in the future. This can help you foresee issues and effectively handle them, enabling you to overcome obstacles and succeed.

Thus Dawson studying the potential problems that could be arise in limited internet services in a particular region that would be a strategic thinking model.  

Learn more about strategic thinking refer:

https://brainly.com/question/16699515

#SPJ1

The harvesting method that this example illustrates is called cash cow. In business, a cash cow is a term used to describe a product, service, or business unit that generates significant and consistent cash flow with minimal effort or investment. In this case, Matt's car dealership is already very profitable, meaning it is generating substantial cash flow.

By deciding to retain ownership without continuing to grow the business, Matt is essentially treating his car dealership as a cash cow. He is not putting in additional resources or efforts to expand or develop the business further. Instead, he plans to use the cash generated by the dealership to invest in his retirement.

This approach allows Matt to take advantage of the current profitability of the dealership and redirect the excess cash toward his retirement investments. By not actively growing the business, he can focus on managing the existing operations while also securing his financial future.

Overall, the cash cow strategy enables Matt to leverage the success of his car dealership and use it as a source of income for his retirement planning.

For more questions on: cash flow

https://brainly.com/question/24179665

#SPJ8