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: What can people do to save money and grow their wealth? What should be the top priority when it…

A: Money: - anything that can be accepted as an exchange for goods and services is known as money.

Q: Why is it important for economic engineers to keep the product environmentally safe?

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

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…

Q: Make flow chart of type of budget?

A: budget is a estimate expense and income for certain period of time

Q: Carson used $800 000 of their savings to open a coffee shop. The savings account paid 2% interest.…

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: Steven owns a woodworking business and specializes in making handcrafted cribs. He typically would…

A: This can be described as a concept that shows the contribution of an individual, organisation or any…

Q: hat i nd Ho rovid xplan astict kes elasti

A: The elasticity is the percentage change concept and not the absolute change concept between the…

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: 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: 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: Habit buying can be beneficial to consumers because (a) it result in paying lower prices for most…

A: The buying behavior of any customer depends on their habit , variety seeking, extended decision…

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: Why some companies avoid making up-front costs or payments?

A: Companies may require front costs / payments or back cost / payments. Some companies generally have…

Q: Identify 3 home related tasks and explain how demanding each one is

A: Home-related tasks are one of the most underrated and fall under unpaid and therefore unacknowledged…

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: Common technology uses on daily basis

A: Technology is the method by which we put scientific knowledge to practical use. It encompasses not…

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…

Q: Provide a brief description of what a Solar panel Tech does.

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: Your mortgage compounds interest annually at an interest rate of 3.1%. If your loan was for…

A: Given:Principal=P=$700,000Interest rate=i=3.1%  Time=n=7 years

Q: Please use microsoft excel

A: Net Saving = Saving - Operating Expenses  Present Value = Future Value/(1+r)n where n is time period…

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: I need typing clear urjent no chatgpt use i will give 5 upvotes

A: Step 1: First convert mg into grams. We know that 1 mg = 0.001 grams So, 200 mg =200(0.001) =0.2…

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: I cannot understand anything written on this paper, would you please be able to type it?

A: This graph is actually showing the relationship between real exchange rate and nominal exchange rate…

Q: Determine the future worth of her savings after 8 years.

A: First, we find the present worth of her savings after 8 years, then we can calculate future worth…

Q: Maria takes out a 30-year mortgage at 5.5% to buy a house that costs $280,000. She must have a down…

A: Note: As per the guidelines, we are allowed to only answer up to 3 sub-parts, so we will answer the…

Q: Ans for part D

A: As given utility function is U(B,P) = 2B +P Given utility function is case of perfect Substitute…

Q: How much money is in the account now

A: The formula for calculating the simple interest involves multiplying the principal (P) which is the…

Q: Please write this at least 1500 word. Must write this in 1500 word please and also provide the…

A: The International Monetary Fund (IMF) is an independent international organization and a cooperative…

Q: how  you know what c value to look a

A: A strategy is said to be dominating when choosing it provides better payoffs independent of the…

Q: What is the AVC and MC?

A: Average variable cost:AVC is the ratio between Total variable cost and output.Marginal cost:Marginal…