1. Does monopolistic competition literally require zero profits for all firms? Explain. 2. Do monopolistically competitive markets have both entry and exit going on at the same time? Explain.

Q: why do we minus the 30,000? cant we just only add up the cost iccured by this decision?

A: Opportunity cost means the forgone income.  It means what actual amount we have lost in acquiring…

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A: An person or corporation that purchases products or services from another firm is known as a…

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A: The US dollar has been used worldwide to facilitate trade.  Global trade has been conducted in the…

Q: Hi uncle please send me your number please let me know if you are interested in the company

A: Understanding the QuestionThe original question is: "Hi uncle please send me your number please let…

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A: The Economic Environment of any product can affect the commercial as well as the consumer behavior,…

Q: What are two guidelines the manager should keeo in mind with measuring the maginal cost correctly?

A: Marginal cost is the additional cost incurred by producing one additional unit of a product or…

Q: how and why the expensive sustainable product has durability that requires lower maintenance cost,…

A: It refers to economic development in which economic resources are used in a way that does not…

Q: What do the ethical implications that may arise when profits are the only focus of a business?  Can…

A: Ethics basically refers to the morals that the business should follow while working. These are…

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A: The time it takes to recoup the value of AN investment is mentioned because the payback amount.…

Q: Two sport utility vehicles (SUVS) are being considered by a recent engineering graduate. Using the…

A: Relative rank refers to the position of an individual or group in relation to others in a specific…

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A: We know that the economic profit is the difference between the total sales revenue of output and the…

Q: The General Hospital is evaluating new office equipment offered by four companies. The useful life…

A: Net Present Value (NPV) is a financial metric used to evaluate the profitability of an investment or…

Q: You can afford a $350 per month car payment. You've found a 3 year loan at 6% interest. How big of a…

A: Monthly payment that can be affordable is equal to $350 So A=350 The rate of interest  is 6% per…

Q: What ethical issues could an online venture that sells Houdoran coffee beans address, encounter, or…

A: The objective of the question is to identify and discuss the potential ethical issues that an online…

Q: An account was opened with $1,000 three years ago. Today, the account balance is $1,150.30. If the…

A: Interest is an amount earned on any investment. It can be basically classified as• Simple Interest…

Q: 2.1. How many months would you have to put $500 per month into an account that earns 4% monthly in…

A: Disclaimer: - Since you asked multiple question because each question is different from each other…

Q: How did you get the values 93 million and 51 million?

A: When a monopolist charges various prices to customers while still providing them the same product,…

Q: A new technology TV costing more than Rs. 1 lakh has been introduced to the market and Mr. Singh is…

A: Below is the given information: The price of TV with new technology = Rs 1 lakh

Q: ne policyholder's car was damaged after a massive hail storm came througl pairs due to the hail…

A: Insurance is a contract represented by an insurance contract in which an individual as an entity…

Q: Calculate Savings rate when income is $22000 and the APS is 0.48

A: APS is the average propensity to save. It is the ratio of savings and income.

Q: What is the role of an Engineer in Business?

A: In the market, people are working to earn wages and salaries by putting their efforts into the…

Q: How do you build housing in wealthy neighborhoods?

A: It's generally not feasible because of the value of the land. In wealthy areas, land is expensive…

Q: In the design of a certain high-end product, a component material that was used came from a cheap…

A: Here, it is given that a high-end product uses a specfiic component material that came from cheap…

Q: Give examples of pre-start up expenses

A: The expenses incurred during the process of starting a new firm are known as startup costs.A company…

Q: ncome level and savings level are $7500 and $3200 Find APS

A: The data presented in the question above is:- Income = $7500 Savings = $3200 We need to find the…

Q: Technological analysis on the ship breaking industry of Turkey. What are the factors that contribute…

A: Shipbreaking – the destroying of old and non-practical boats, or those which  cost more to keep in…

Q: If your receive $500 in simple interest on a loan that you made for $10,000 for 5 years, what was…

A: here we calculate the interest rate charged which are as follow-

Q: A В D E F G J K L M Cost Per Case Cases Sold Sales Discount Net 1 Year Quarter Winery 1991 Q1 1991…

A: The calculations has been done with the help of Excel. Sales amount was determined by multiplying…

Q: Write a brief on SDGs 7,8 and 13. How it works if there is a hydro power plant. Maximum 1000

A: The Sustainable Development Goals (SDGs) linked to global goals aimed at becoming a "framework for…

Q: What are the Large-Scale Engineering Economic Decisions?

A: Engineering economic decision refers to all the investment decision related to engineering projects.…

Q: Give three instances when RFID might be preferable over bar codes.

A: Radio Frequency-Identification innovation (RFID): It includes a tag fastened to an item that…

Q: Executive Letter of one page about the Engineering Financial  Economic

A: An Executive Letter is a formal written communication in a business. It is a type of correspondence…

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A: Because of solar panel tech,solar energy can be converted into electricity. Solar panels are used on…

Q: Pick 1 current economic topic below and You will research and find an article that covers the topic…

A: Cost can be defined as a concept that shows the amount of expenditure and any other sacrifice such…

Q: Using the graph, complete the table that follows by indicating whether each statement is true or…

A: Elasticity of demand measures the responsiveness of change in quantity demand to change in price of…

Q: jerry bought a house for $400,000 and made an $80,000 down payment. the rest of the cost was paid…

A: Jerry purchased a house for $400,000 with an $80,000 down payment and financed the remaining cost…

Q: What are the Different Techniques to compare multiple alternatives?

A: There are many techniques to compare multiple alternative. The best alternative is one which…