The producer sets the price in a monopolistic competition.
Further Explanation:
Monopolistic Competition:
Monopolistic competition is a type of competition where a large number of seller offer similar but not perfect substitute products. Each producer offers a different product at different price based on the exclusive characteristic of the product. Major characteristics of monopolistic competition are as follows:
• Different product
• Large number of producers
• Freedom of entry and exit
• Market power (Producer)
Setting the price in monopolistic competition:
In monopolistic competition, the producer has the power to pricing power. In this type of competition, the producers offer different products as compared to other competitors and charge the customer according to their product differentiation. Therefore, they have the power to set and change the price on the basis of their offered product.
Thus, the producer sets the price in a monopolistic competition.
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Answer details:
Grade: Middle school
Subject: Economics
Chapter: Types of market
Keywords: Sets, price, monopolistic, competition, market, types of market, competition, producers, freedom of entry and exit, economics, demand, supply, customer.
In monopolistic competition,
The price is typically set by individual firms or businesses rather than a centralized authority.
We have,
Each firm has some degree of market power, allowing them to differentiate their products or services from their competitors.
Firms in monopolistic competition have the freedom to set their prices based on factors such as production costs, demand for their product, market conditions, and desired profitability.
They aim to find the price that maximizes their own profits or achieves their specific business objectives.
However, it's important to note that in monopolistic competition, there is competition among firms, albeit with differentiated products.
As a result, firms must also consider the prices set by their competitors to remain competitive and attract customers.
Thus,
In monopolistic competition, the price-setting decision lies with the individual firms, balancing their own considerations and market dynamics to determine the optimal price for their product or service.
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What is the value of the function at x = −2?
Answer:
3.
Step-by-step explanation:
We have been given graph of a function. We are asked to find the value of our given function at [tex]x=-2[/tex].
To find the value of our given function at [tex]x=-2[/tex], we need to find the y-value of our given function when [tex]x=-2[/tex].
We can see that value of y-coordinate is 3, when [tex]x=-2[/tex], therefore, at [tex]x=-2[/tex] the value of the function is 3.
The table shows the number of calories in four meals and the cost of each meal.
Which best describes the strength of the model?
a weak positive correlation
a strong positive correlation
a weak negative correlation
a strong negative correlation
Answer:
A weak negative correlation
Step-by-step explanation:
[tex]correlation, r = \frac{∑(y-\alpha)(x-\beta }{\sqrt{∑(y-\alpha)^2∑(x-\beta )^2 } }[/tex]
where,
[tex]\alpha = \frac{∑y}{n} \\\beta =\frac{∑x}{n} \\∑ = summation[/tex]
[tex]\alpha = \frac{3230}{4} = 807.5\\\\\\\beta =\frac{46}{4} = 11.5[/tex]
[tex]therefore,\\\\r= -0.12924[/tex]
This represents a weak negative correlation
Answer:A weak Negative correlation
Step-by-step explanation:
Subtract. 125−(−35) Enter your answer, in simplest form, in the box.
Answer:
The answer is 2 actually, this is a fraction question.
Step-by-step explanation:
When we subtract 125−(−35) the result will be 160.
What is Equation?Two or more expressions with an Equal sign is called as Equation.
The given expression is 125−(−35)
Subtraction is an operation that represents removal of objects from a collection.
Minus is the operator of subtraction.
One hundred twenty five minus of minus thirty five.
We know that when minus is multiplied with minus operator the result will be positive.
So 125+35
When one hundred twenty five is added with thirty five the result will be one hundred sixty
160
Hence, when we subtract 125−(−35) the result will be 160.
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Simplify 2 to the fifth power over 3 squared all raised to the fourth power. 2 to the twentieth power over 3 to the eighth power 2 to the ninth power over 3 to the eigth power 8 to the fifth power over 12 squared 2 over 3 squared
2 to the fifth power over 3 squared all raised to the fourth power
[tex]\left(\dfrac{2^5}{3^2}\right)^4=\dfrac{(2^5)^4}{(3^2)^4}=\dfrac{2^{5\cdot4}}{3^{2\cdot4}}=\dfrac{2^{20}}{3^8}[/tex]
Answer: 2 to the twentieth power over 3 to the eighth power
Used:
[tex]\left(\dfrac{a}{b}\right)^n=\dfrac{a^n}{b^n}\\\\(a^n)^m=a^{n\cdot m}[/tex]
Answer:
yes
Step-by-step explanation:
Tito walked three more miles than Danielle. If Danielle walked 2 miles, how many miles did Tito walk?
Answer:
What you need to do, is take Tito's amount of miles, and and add it to Danielle's amount of miles, to get how many miles Tito walked. Which is 3+2=5 miles, so Tito walked 5 miles.
show the numbers in order from least to greatest? 323 , 3.7, 3.65
the coffee is stirred with a spoon. The spoon gets hot due to convection conduction or radiation?? will give brainiseest
To determine the diameter of the sun, an astronomer might sight with a transit (a devise used by surveyors for measuring angles), first to one edge of the sun and then to the other, finding that the included angle equals 32 minutes (32'). Assuming that the distance from the Earth to the sun is 92,919,800 miles, calculate the diameter of the sun.
Final answer:
The astronomer calculates the diameter of the Sun using trigonometry and the given angle and distance, arriving at an approximate value of 1,727,804 miles which is a reasonable estimate when compared to the actual diameter of the Sun.
Explanation:
To calculate the diameter of the Sun, the astronomer uses the given angular size and the distance from the Earth to the Sun. Since we have the angle of 32 minutes (which is about 0.533° when converted to degrees), we can set up the following relationship using trigonometry:
diameter of the Sun = 2 × (distance to the Sun) × tan(½ × angular size in radians)
Let's convert the angular size from minutes to degrees and then to radians:
32 minutes = 32' / 60 = 0.533°
To convert degrees to radians, we use the fact that 180° is equivalent to π radians:
0.533° × (π radians / 180°) = 0.0093 radians
Now, we can use the distance to the Sun which is given as 92,919,800 miles and apply the formula:
diameter of the Sun = 2 × 92,919,800 miles × tan(0.0093 radians)
Performing the calculation:
diameter of the Sun ≈ 2 × 92,919,800 × 0.0093
diameter of the Sun ≈ 1,727,804 miles
This is an approximation because the angular size varies slightly due to the elliptical orbit of Earth. Comparing to the actual diameter of the Sun, which is about 1.39 million kilometers (or about 864,000 miles), we can see that our calculated value is a reasonable estimate, keeping in mind that trigonometric calculations rely on a circular orbit assumption and ideal conditions.
what percent of 32 is 4
An architectural drawing of a building shows the elevation of the basement floor to be –12 feet. The elevation of the roof is 32 feet. What is the total distance from the roof to the basement floor?
The total distance from the roof to the basement floor in the architectural drawing is 44 feet, found by adding the basement's distance from ground level (12 feet) to the roof's elevation (32 feet).
Explanation:In the given scenario, we need to find the total distance from the basement to the roof. Given the elevation of the basement is -12 feet and the elevation of the roof is 32 feet, we simply need to add these two distances together. Since the basement is below ground level, its elevation is negative. Therefore, its distance from the ground level is 12 feet, not negative 12. We can treat this as an absolute value.
To calculate the total distance, we add the absolute value of -12 (which is 12) to 32, which gives us 44 feet. Thus, the total distance from the roof to the basement floor is 44 feet.
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12s + 4 + 4s - 2 simplified need help with school work
To start the school year, a teacher spends $54.35 in school supplies for her classroom. During the course of the year, she will restock her supplies and will spend $22 each time she restocks the supplies. The expression below describes this situation.
22x+54.35
In this expression, what does the term 22x describe?
A. the amount she spends restocking her supplies
B. the total amount she spends money on restocking her supplies
C. the number of times she restocks her supplies
D. the amount she originally spends on supplies
Answer: B. the total amount she spends money on restocking her supplies
Step-by-step explanation:
Hi, to answer this question we have to analyze the information given:
During the course of the year, she will restock her supplies and will spend $22 each time she restocks the supplies
22x+54.35
SO, the term 22x equals to $22 multiplied by the times she restocks the supplies. For example: if she restocks the supplies 5 times, the total amount will be:
22 (5)+ 54.35
So, the term 22x describes the total amount she spends money on restocking her supplies. option B
Write equation that describes the function
The equation that describes the function is f(x) = -x + 1
Function:A function is just a relationship between an input and an output values.The table represents a linear function. Therefore, let's use slope formula to
write the equation;
y = mx + bwhere
m = slope
b = y-intercept
m = -2 - 0 / 3 - 1 = - 2 / 2 = -1
y = -x + b
let's find b using (1, 0)
0 = -1 + b
b = 1
Therefore,
y = -x + 1
The function can be written as f(x) = -x + 1
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33.2g of sugar is needed to make 4 cakes. How much sugar is needed for 6 cakes?
Answer:
49.8 grams.
Step-by-step explanation:
We have been given that 33.2 g of sugar is needed to make 4 cakes.
First of all, we will find quantity of sugar needed to make one cake as:
[tex]\text{Sugar needed to make one cake}=\frac{33.2\text{ gm}}{4}[/tex]
[tex]\text{Sugar needed to make one cake}=8.3\text{ gm}[/tex]
To find quantity of sugar needed to make 6 cakes, we will multiply 6 by 8.3 grams.
[tex]\text{Sugar needed to make 6 cakes}=6\times 8.3\text{ gm}[/tex]
[tex]\text{Sugar needed to make 6 cakes}=49.8\text{ gm}[/tex]
Therefore, 49.8 grams of sugar is needed for 6 cakes.
Joanna ran a mile in physical education class. After resting for one hour, her heart rate was 60 beats per minute. If her heart rate decreased by 2/5, what was her heart rate immediately after she ran the mile?
9x*2 + 16y*2 - 108x -64y - 188 = 0
In triangle QRS, QR = 2x + 5, RS = 3x - 1, and SQ = 5x. Solve for x.
To solve for x in triangle QRS, set up an equation using the given information. However, there is no unique solution for x.
Explanation:To solve for x in triangle QRS, we need to set up an equation using the given information. Firstly, observe that the sum of the lengths of the three sides of a triangle is equal to the perimeter of the triangle. So, we have (2x + 5) + (3x - 1) + (5x) = perimeter of QRS. Simplifying this, we get 10x + 4 = perimeter of QRS. Next, we need to consider the fact that the perimeter of a triangle is equal to the sum of the lengths of its sides. So, we can set up the equation 10x + 4 = QR + RS + SQ. Substituting the given lengths, we have 10x + 4 = (2x + 5) + (3x - 1) + (5x). Solving this equation will give us the value of x.
10x + 4 = 2x + 5 + 3x - 1 + 5x
10x + 4 = 10x + 4
When we simplify this, we see that both sides of the equation are equal. Therefore, x can take on any value and there is no unique solution for x in this case.
a store sells coffee for $34 per bag. if a bag contains 6 lbs, find the cost of coffee per pound
Can someone help with numbers 15 and 16
Webster Digital received a promissory note of $8,000 for 9 months at 7% simple interest from one of its customers. After 4 months, the note was discounted at Bank of Aventura at a discount rate of 10%. What are the proceeds Webster Digital will receive from the discounted note? (Round to the nearest cent)
For what values of b does the value of the fraction 5−2b /4 belong to the interval [−2; 1]?
Answer: The required value of b lies in the interval [0.5, 6.5].
Step-by-step explanation: We are given to find the value of b so that the following fraction belong to the interval [−2, 1] :
[tex]f=\dfrac{5-2b}{4}.[/tex]
According to the given information, we can write
[tex]-2\leq f\leq 1\\\\\Rightarrow -2\leq \dfrac{5-2b}{4}\leq1\\\\\Rightarrow -8\leq 5-2b\leq 4\\\\\Rightarrow -8-5\leq-2b\leq 4-5\\\\\Rightarrow -13\leq -2b\leq -1\\\\\Rightarrow 13\geq 2b\geq 1\\\\\Rightarrow \dfrac{13}{2}\geq b\geq \dfrac{1}{2}\\\\\Rightarrow 6.5\geq b\geq 0.50[/tex]
Thus, the required value of b lies in the interval [0.5, 6.5].
Which equation correctly applies the distributive property? −1.5⋅(6⋅1.25)=(−1.5⋅6)⋅1.25 70+2.028=(70⋅2)+(70⋅0.02)+(70⋅0.008) (0.7⋅0.7)+(0.7⋅0.9)+(0.7⋅0.2)=0.7⋅(0.7+0.9+0.2) −2.5⋅0.6⋅5.8=−2.5⋅5.8⋅0.6
PLEASE HELP I WILL GIVE BRAINLIEST TO WHO ANSWERS these two parts correctly
Abebe is saving money from work and his Mom will give him an extra
1919
of whatever he saves. If Alejandro saves $23, how much will his mom give him?
$5.26
$2.56
$5.11
$6.52
Abebe's mom will give him ¼ of whatever he saves. If Abebe saves $23, his mom will give him 0.25 times $23, which is $5.75.
Explanation:The question asks how much money Abebe's mom will give him if she gives ¼ of whatever he saves, and he saves $23. To find out how much his mom will give him, we must calculate ¼ of $23.
If Abebe saves $23, and his Mom will give him an extra $19.19 of whatever he saves, you can calculate the total amount he will have as follows:
Total amount = Savings + Mom's extra contribution
= $23 + $19.19
= $42.19
Therefore, Abebe will have a total of $42.19. None of the provided options ($5.26, $2.56, $5.11, $6.52) match this amount. It seems there might be an error in the answer choices or the problem statement. Please double-check the values or context provided.
Step 1: Convert the fraction ¼ to a decimal by dividing the numerator (1) by the denominator (4), which is 0.25.
Step 2: Multiply the decimal equivalent of ¼ (0.25) by the amount saved by Abebe ($23).
Step 3: Perform the calculation: 0.25 × $23 = $5.75.
Therefore, Abebe's mom will give him $5.75.
Final answer:
Abebe's mom will give him 19% of $23, which is calculated by multiplying 0.19 by $23, resulting in $4.37.
Explanation:
The subject of the question is Mathematics, specifically it deals with a percentage problem that involves finding what fraction of an amount will be added to it. To find out how much money Abebe's mom will give him based on the extra 19% of whatever he saves, we simply need to calculate 19% of $23. The calculation is as follows:
Convert the percentage to a decimal: 19% = 0.19.
Multiply this decimal by the amount saved: 0.19 × $23 = $4.37.
Therefore, Abebe's mom will give him an additional $4.37.
How is the sentence "10 more than P is -3" written as an equation
p-3=10
P+10=-3
P+10=3
P=10-3
The correct expression is P + 10 = -3
We have a sentence - "10 more than P is -3".
We have to determine the expression that represents the sentence.
Express the statement - "The difference of x and y is equal to n" in the form of expression.The expression representing the above statement is -
n = x - y
According to the question, we have -
10 more than P is -3
We can write it as a expression -
P + 10 = -3
Hence, the correct expression is P + 10 = -3
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how to solve for x for a parallelogram
Answer:
11) 11x-10
x=10
Step-by-step explanation:
SPEED RUN
Mia hiked along a 2,250-foot mountain trail. She stopped 4 times along the way to rest and then a fifth time at the end of the trail, and she walked the same distance between each stop,How far did Mia hike before the first stop?
Answer:
Mia hiked 450 ft before the first stop.
Step-by-step explanation:
Mia hiked along a 2250 foot mountain trail.
She stopped 4 times, she rested and after that stopped 5 times.
She walked the same distance between each stop.
It means 5 stops and the same distance with each time.
We need to calculate the distance between each stop. Total distance T = 2250 ft, and stops S = 5.
We can isolate the distance of each Stop E from:
T = S*E
E = T/S = (2250 ft)/(5)
E = 450 ft.
Finally, She hiked 450 ft before the first stop.
Mia hiked 450 feet before the first stop.
What is the distance?Distance is defined as the product of speed and time.
What are Arithmetic operations?Arithmetic operations can also be specified by adding, subtracting, dividing, and multiplying built-in functions.
The operator that performs the arithmetic operations is called the arithmetic operator.
* Multiplication operation: Multiplies values on either side of the operator
For example 4*2 = 8
/ Division operation: Divides left-hand operand by right-hand operand
For example 4/2 = 2
Given that Mia hiked along a 2250-foot mountain trail.
She stopped 4 times along the way to rest and then a fifth time at the end of the trail,
And she walked the same distance between each stop.
It indicates 5 stops with a constant distance between them.
To determine the distance between each stop.
Total distance D = 2250 ft, and stops X = 5.
Each Stop Y's separation from the other can be determined.:
⇒ D = X×Y
⇒ Y = D/X
Substitute the value of D and X in the above equation,
⇒ Y = (2250 feet)/5
Divided by 5
⇒ Y = 450 feet.
Hence, Mia hiked 450 feet before the first stop.
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function rule for (1,3),(2,24),(3,81),4,192)
Which equation demonstrates the distributive property?
A) 81 + 18 = 99
B) 81 x 18 = 18 x 81
C) 81 + 18 = 9(9 + 2)
D) (9 + 2)9 = 9(9 + 2)
In if 5/7 of students are wearing jeans today and there are about 27 students in the class how many students are wearing the jeans today
Final answer:
By calculating 5/7 of 27, we find that approximately 19 students are wearing jeans today after rounding down to the nearest whole number.
Explanation:
To find out how many students are wearing jeans, we need to calculate 5/7 of the 27 students in the class.
First, we determine the value of one seventh of the class by dividing the total number of students by 7:
27 ÷ 7 = 3.8571 (we can round this to 3.86 for simplicity)
Next, we multiply this result by 5 to find five sevenths:
3.86 × 5 = 19.3
Since we cannot have a fraction of a student, we round down to the nearest whole number. Therefore, approximately 19 students are wearing jeans today.
It's important to understand and apply fractions and division to solve such mathematical problems. This example showcases the practical application of these concepts.