One difference between a perfectly competitive firm and a monopoly is that a perfectly competitive firm produces where:.

Answers

Answer 1

The major difference is that; a perfectly competitive firm produces has the choice to dictate the number of products to make, whereas a monopoly system has market power.

What is the difference between perfectly competitive firm and a monopoly system.

Perfectly competitive producers are those who can determine how the number of products to be made but not the price at which their output may be sold.

However, a monopolistic system has the power to dictate the price because there is only one producer and numerous customers. Hence, they possess a high market power than the perfectly competitive producers.

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Related Questions

Energy-efficient jobs are growing! One job includes being a conservation scientist, which is part of the STEM job cluster. What is the best definition for a conservation scientist?

Answers

Answer: manage improve, and protect natural resources to maximize their use without damaging the environment.

Explanation:

hope its right

What are two characteristics of the digital marketspace?.

Answers

Answer:

answers Businesses are well-connected with consumers Consumers are well-connected with other consumers Information specific to each consumer is stored in the digital space Consumers' digital activities are.

An investigator obtains consent and hipaa authorization from subjects to review their medical records and hiv status. She plans to go back to the medical record, so the hiv status information is stored along with subject identifiers in a database that she keeps on her laptop computer. What are some safeguards she could use to protect subject privacy and data confidentiality?.

Answers

To protect subject privacy and data confidentiality she should ensure are laptop is not accessed by anyone and also avoid clicking unknown links

What is Data Privacy?

Data Privacy is a terms used to described how individual information is protected from exploitation by an unknown party.

It is considered an offence when we expose the the information of individuals with their concent.

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Answer: All of the above

Explanation:

While each of these options would be helpful independently, they would be most effective in protecting patient privacy when utilised together. Thus, "All of the Above" is the most correct response and therefore the accepted answer to this question.

Options

Storing her laptop in a secure, locked environment when not using itUsing data encryption and storing data on a secure cloud environment, not on her laptopHaving multi-factor authentication on her laptop to prevent others from accessing her deviceAll of the Above

How is the change in cash classified on the statement of cash flows?.

Answers

Change in cash flow is classified as either operating, investing and financing

Cash Flow

Cash flow is the inflow or outflow of money in an organisation, so basically the organisation takes in money for services rendered and gives out money for payment made.

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In the early 2000s, laws requiring banks and mortgage brokers to disclose the terms of home loans failed to prevent many Americans from entering into irresponsible mortgage agreements. This could have been the result of

Answers

Due to information overload in the early 2000s, laws requiring banks and mortgage brokers failed to prevent Americans from entering into irresponsible mortgage agreements.

What do you mean by mortgage?

A mortgage refers to the process of giving something up as a guarantee or collateral against a loan. A person may encounter a term when seeking a secure loan.

Thus, due to information overload in the early 2000s, laws requiring banks and mortgage brokers failed to prevent Americans from entering into irresponsible mortgage agreements.

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E. In cell L16, enter a formula using the AVERAGEIF function that averages the budget amounts for Action movie projects

Answers

The purpose of an AVERAGEIF function is to help one find the average of numbers that meet a certain criteria within a dataset.

What does an AVERAGEIF function do?

The full question is not provided so the best I can do is to provide a general overview.

An averageif function is available in spreadsheets and is used to find the average of numbers in a range of data that meet a certain criteria.

For instance, if you want to average the budget amounts for Action movie projects, a relevant formula would be:

= AVERAGEIF(Projects, "Action movie", Projects[Budgets])

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Define the following:
1. Allocation of resources
2. Economic system
3. Market economy

Answers

Allocation of resources is the assignment of available resources to various uses.Economic system is a system of production, resource allocation and distribution of goods and services within a society or a given geographic area.Market economy is an economic system where supply and demand, direct the production of goods and services.

1. Allocation of resources

apportionment of productive assets among different uses.

2. Economic system

by which societies or governments organize and distribute available resources, services, and goods across a geographic region or country.

3. Market economy

an economic system where two forces, known as supply and demand, direct the production of goods and services.

eg: US, Japan

Which activity in the maintenance phase requires that a formal process be established whereby users can submit system change requests

Answers

Obtaining maintenance requests is the activity that requires establishing a formal process for users to submit system change requests.

What is an automation system?

It corresponds to the use of mechanical and computerized techniques to produce, command and control an optimized process, fast and based on total quality.

Therefore, automation systems help organizations process a large volume of data to generate relevant information for decision making.

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What best states the relationship between having a newsworthy product and public relations efforts?

Answers

Answer:

Together a newsworthy product and a strong public relations campaign increase the chances of press coverage.

Explanation:

Marketing promotes the transfers of goods and services from the producer and provider to consumer. Public relations helps an organization and its publics adapt mutually to each other.

________ is a term associated with an advertisement has been seen or heard so many times that it irritates consumers.

Answers

Advertising wearout is a term used to describe the wear of an advertising campaign that can even irritate consumers.

What is advertising wearout?

It is the loss of effectiveness in the memory of the message or the feeling of irritability before an advertisement by increasing the level of exposure.

It is a consequence of the constant maintenance of the advertisement in the medium that consumers become saturated of seeing the same commercial repeatedly.

Therefore, we can conclude that advertising wearout is a term used to describe the wear of an advertising campaign that can even irritate consumers.

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Your piggy bank is full. What will you do with the money inside of it?
Find a bigger jar and keep saving
Put the money in a bank account
Buy something that is super cool
Vote
Down below

Answers

Answer:

buy so.ething that is super cool

Explanation:

I LOVE SHOPPING AND SPEDING MONEY LOL!!!!

put the money in a bank account to save and build your credit and invest.

Stitch Fix is a successful online clothing company. One of the difficulties in running a clothing company is the need to have significant ________, a large number of items in each product line.

Answers

One of the challenges of running a clothing firm is the requirement for substantial product line depth, which means a big number of goods in each product line.

What is a product line depth?

A product line is a collection of similar and comparably related products. A product line might include products that are connected by:

Functionality, Target audience, Price point, or Brand.

The amount of products supplied under a product line is referred to as its product line depth.

Therefore, we can conclude that one of the challenges of running a clothing firm is the requirement for substantial product line depth, which means a big number of goods in each product line.

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List the steps in allocating costs to operating departments and preparing departmental income statements, with the first step on top. Instructions
Choice 1 of 3. Accumulate sales, direct expenses, indirect expenses by department toggle button Accumulate sales, direct expenses, indirect expenses by department
Choice 2 of 3. Allocate indirect expenses to service and operating departments toggle button Allocate indirect expenses to service and operating departments
Choice 3 of 3. Allocate service department expenses to operating departments toggle button Allocate service department expenses to operating departments

Answers

Accumulate sales, direct expenses, indirect expenses by department toggle button Accumulate sales, direct expenses, indirect expenses by department.

What is direct expenses?

A direct expense is one that is proportional to the volume of a cost object. Any item for which you are assessing expenses, including as items, product lines, services, sales areas, workers, and consumers, is referred to be a cost object.

Thus, option A is correct

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A perceived or real incompatibility of goals, values, expectations, or processes between two or more interdependent parties is known as

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The incompatibility of goals, values, and expectations between two individuals or groups which are interdependent on each other is known as conflict.

What is interdependence?

Interdependence is the characteristic of an individual or group where one is dependent on the other. This could be seen in one's family where children are interdependent on their parents.

Conflict arises between two parties when one party is against the other party or when the aims, values, and expectations of one person don't match or clashed with the other person. It could generally be observed in those parties which are interdependent on one another.

Therefore, conflict happens between interdependent parties when the goals, values, and expectations are different.

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The two ways that a corporation can be classified by purpose are.

Answers

Answer:

profit and not-for-profit.

Explanation:

The perfection obtained by filing a financing statement lasts for ______. A. five (5) years, and is renewable. B. five (5) years, and is non-renewable. C. ten (10) years, and is renewable. D. ten (10) years, and is non-renewable.

Answers

The perfection obtained by filing a financing statement lasts for A. five (5) years, and is renewable.

What is a perfection in a financing statement?

When the term perfection comes to play in the financing statement, what it means is that the secured party would not have to file a financing statement.

When this is the case, they would not not need to have a collateral or have much control.

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An economic carrot, or incentive, is –. An economic stick, or punishment, is –.

Answers

An economic carrot, or incentive, corresponds to foreign aid. An economic stick, or punishment, corresponds to sanctions.

What is an economic carrot?

It is a metaphorical expression used to designate a reward, that is, an aid that an economy can receive from another nation in a moment of crisis, for example.

Therefore, the expressions carrot and economic stick are metaphors that represent positive or negative causes and consequences on a country's economy.

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The GDPR strengthens the privacy rights for internet-based companies. Group of answer choices True False

Answers

The GDPR does not strengthen the privacy rights for internet-based companies. The answer is false.

What is the GDPR?

This is the short form for the terms General Data Protection Regulation. The law is a data protection law that was made in the European Union.

This data law is the strongest in the world. It was passed to protect the rights of people to their personal information.

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Under a licensing agreement, a licensor grants intangible property rights to the licensee. This would include

Answers

A licensor grants intangible property rights to the licensee such as the copyright

Copy Right

Copyright is a type of intellectual that shows that an individual as a legal right over an intangible property such as music, poem. other types of property right are :

Trade markPatent

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What percentage of each dollar of sales affected net income given Sales of $120,000; Cost of Goods Sold of $70,000; Operating Expenses of $10,000; Interest Expense of $5,000; Income Tax Expense of $5,000; and Net Income of $30,000

Answers

Answer: 25%

Explanation:

Sally needs to be able to deliver customer sales data to multiple departments in real time. Which feature of her company's new accounting

software will enable her to do that?

OA.

electronic transactions

ОВ.

customizable reports

Ос.

electronic funds transfer

OD

supply chain capability

Answers

Sally needs to deliver customer sales data to multiple departments in real-time by using customizable reports.

What do you mean by accounting?

Accounting is a means of collecting, summarizing, analyzing, and reporting business information in monetary terms.

As sally needs to deliver the customer sales data to multiple departments in real-time, customizable reports can be helpful in this case.

A customizable report is a type of report that is created and metrics and dimensions should be added and it will display in the way.

Therefore, OB is the correct option.

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The __________ helps measure a company's ability to meet its obligations, pay dividends, expand operations, and obtain financing. It is computed by taking cash flow from operations divided by average total assets.

Answers

cash flow on total assets

The cash flow on total assets helps measure a company's ability to meet its obligations, pay dividends, expand operations, and obtain financing. It is computed by taking cash flow from operations divided by average total assets.

President carter’s first economic plan proposed decreasing government spending. challenging the oil embargo. increasing government spending. lowering the price of everyday goods.

Answers

The first economic plan that was proposed by President Carter upon resumption of office was to increase government spending.

What is an economic plan?

These are plans that involves decision that will stimulate the economy condition of a country.

The proposed increase government spending was intended to make sure there is an increase money supply in the country.

Therefore, the Option C is correct.

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Answer:

The proposed increase government spending was intended to make sure there is an increase money supply in the country.Therefore, the Option C is correct.

Explanation:

If your identity is stolen, you should file a police report.


True


False

Answers

Answer:

true like why wouldnt you do that

Explanation:

Answer:

True

Explanation:

having sombody's identity is a very powerful tool

What piece of legislation, one of the most complex areas of federal civil law, was established in 1974 mainly to protect the employee pension system from employer fraud

Answers

Employee Retirement Income Security Act is established in 1974 mainly to protect the employee pension system from employer fraud.

What is Employee Retirement Income Security Act?

The Employee Retirement Income Security Act serves as an act of 1974 that contains rules on the federal income tax to favor employees.

This act, provides employee with benefit plans and a protection against wicked employers.

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According to clinton, what is the benefit of a global economy? more jobs and better living conditions protection of the environment forces of integration

Answers

President Clinton asserted that the benefit of a global economy is the creation of more jobs and better living conditions.

What is a global economy?

Its means the interconnected worldwide economic activities that occurs between multiple countries across the world.

The global economy is what enable the importation and exportation from one country to others and creates international trade.

The President believed that benefit of a global economy is the creation of more jobs and better living conditions.

Therefore, the Option A is correct.

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Answer: more jobs and better living conditions.

Reports to ______ managers are usually less detailed because they need to concentrate on the key issues.

Answers

The reports to the functional area manager are usually less detailed because they need to concentrate on the key issues.

Who are the functional area managers?

These are the managers that are concerned with the management and the planning of all the personnel activities.

This person has to hire and also train staff. They are the ones that have to find out the areas of the business that requires improvement.

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Answer: upper-level

Explanation:

Select the correct answer. based on your knowledge of word parts, complete the sentence with the correct word. sam had to mix __________ parts of the two chemicals for the experiment. a. equaled b. equitably c. equal d. equate e. equation

Answers

Sam had to mix equal parts of two chemicals to do the research. When we say equality, it is the same in value or value.

How will you describe the word Equal as?

In English, the equal word is noun, verb, and adjective. As a noun, it means the same thing in sight, as a condition. As a verb, we mean the same thing in reality, as a mathematical equation.

If equal, working equally or equally with everyone. If it is an equation, a complex situation, or an issue.

Hence, the correct answer is that Sam had to mix equal parts of the two chemicals for the experiment.

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Answer:

its C : equal

Explanation:

just took the test

What was the most significant change in the american economy as a result of the civil war?.

Answers

During the Civil War, Republican Congresses established a series of laws that reconfigured the government-market relationship and set the foundation for the Gilded Age.

What changed economically after the Civil War?

The society changed dramatically after 1800, as individual property rights grew more precious, Wage labor grew increasingly common, and the wealth gap between the rich and the poor widened.

States granted voting rights to all white men, making race the cornerstone of politics rather than property.

Thus, foundation for the Gilded Age was established.

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The Federal Reserve was established in 1913 to Group of answer choices prevent inflation by decreasing the money supply. stimulate the economy by increasing bank reserves. stop bank panics by acting as a lender of last resort. prevent bad loans by requiring banks to hold reserves.

Answers

The main purposes behind establishment of the Federal Reserve was to stabilize the economy and increase the banking reserves; being a lender of last resort and prevention of bad loans in the commercial banks.

What is Federal Reserve?

Federal Reserve acts as a central bank for the United States of America. It is one of the largest central banks in the world. It was established in the year 1913.

One of the main reason for the establishment of the Federal Reserve was bringing stability in the economy by the way of increasing bank reserves. It also helped in the prevention of bad loans for national banks.

In case of defaults in repayment of national debts, Federal Reserve would act as a lender of last resort after all the ways have been unsuccessful.

Hence, options B, C and D state the correct purpose behind the establishment of the Federal Reserve in 1913.

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