the sale at a loss of machinery that was used in a trade or business and held for more than one-year results in which of the following types of loss?
Answers
The sale at a loss of machinery that was used in a trade or business and held for more than one year results in a "capital loss."
Capital losses occur when assets, such as machinery, are sold for a lower price than their original cost. In this case, if the machinery is used in a trade or business and held for more than one year, any loss incurred from its sale would be treated as a capital loss for tax purposes.
Capital losses can have specific tax implications, including the potential to offset capital gains or to be deducted against other types of income, subject to certain limitations and rules set by the tax authorities.
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Complete question
the sale at a loss of machinery that was used in a trade or business and held for more than one-year results in which types of loss?
Related Questions
Scott and Laura are married and file a joint tax return. Laura owns a sole proprietorship (not a "specified services" business) that incurs qualified business income of $300,000. The proprietorship pays W–2 wages of $40,000 and holds property with an unadjusted basis of $10,000. Scott is employed by a local school district. Their taxable income before the QBI deduction is $381,400 (this is also their modified taxable income What is their tentative QBI based on the W-2 Wages/Capital Investment Limit? 20,000 Determine their allowable QBI deduction. 75,000 X
Answers
Solution :
QBI 300000 W-2 wages 40000
Taxable 3814000 QBP 10000
income
W-2 limit
Phase greater of
out MFJ
Start 315000 50% of W-2 20000
Finish 415000 or 25% of W-2 10250
+ 2.5% of QBP
Selected 20000 Being higher As part 1
Taxable income above phase out
\($\frac{381,400-315000}{100000}$\) 66%
Now applying gross deduction and phase out
Gross deduction Being 20% of QBI = 66000
Less : wage limit of QBI - 20000
Phase out % x 66%
Phase out amount 30,360
Final deduction = gross deduction- phase out amount
= 66,000 - 30,360
= 35,640
PLEASE HELP NOW!!! Why is a higher interest rate important when saving money?
A.) It means the person will owe the bank less over time.
B.) It grows savings at a faster pace.
C.) It pays interest on principal and interest.
D.) It requires a lower amount be deposited each month.
PLEASE HELP!!!
Answers
The interest rate determines how much money a bank pays you to keep your funds on deposit. Suppose you deposit $5,000 into a savings account, don’t deposit or withdraw any more money and the interest rate doesn’t change. If the account has a 1.00% interest rate and the interest compounds annually—that is, the bank pays you interest on your balance once each year—you’ll earn $50 after the first year. -Discover.com
Answer:
B.) It grows savings at a faster pace.
Explanation:
What is Jack doing to ensure savings for a new car?
Answers
Answer:
Could you add more context?
Explanation:
Answer:
He could be putting the money into the bank.
Explanation:
a small network is bigger than a large network.
Answers
Answer:
false
Explanation:
From a business standpoint, I can say that this statement is false. A larger network is bigger and more efficient because it generates more leads and opens more opportunities. By having a larger network you connect with individual's who are know others that may not be in your network and may be strategically positioned to provide you with information, help or even opportunities that you would not have had if your network was small.
Amanda looks at an animal cell under a microscope and sketches the cell. She notices that the cell is in a phase of mitosis, so she asks her friend to identify the phase. Her friend identified the cell as being in prophase. What should she be observing in order to correctly label her sketch as prophase?.
Answers
The process of mitosis, which divides the duplicated hereditary material held in a parent cell's nucleus into two identical daughter cells, begins with the prophase.
The chromatin, a combination of DNA and proteins set up in the nucleus, condenses during prophase. The replicated chromosomes are known as family chromatids and feature an X shape. The family chromatids are connected at the centromere, which is a pair made up of two identical DNA duplicates. The mitotic spindle further starts to develop at this point. Long proteins known as microtubules, which start developing at the cell's polar ends, make up the mitotic spindle. The division of the family chromatids into two cells will be carried out by the spindle. The ensuing stage of mitosis, pro-metaphase, comes after prophase.
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Which of the following is NOT a travel, hospitality, and tourism career?
A. Chef
B. Pilot
C. Curator
D. Truck Driver
Answers
chef is not a travel,hospitality, and tourism career
Answer:
Truck driver. that is the only one that doesn’t effect personal travel, vacations, etc
Explanation:
Explain the importance of team dynamics (plz help)
Answers
Team dynamics in the workplace are important because they impact creativity, productivity and effectiveness. Since group work is integral to organisations, improving group dynamics can lead to better work outcomes, customer satisfaction and an improved bottom line.
Among employers that provide health insurance, the cost to provide family coverage per year per employee is approximately _____.
a. $4,000
b. $9,000
c. $16,000
d. $22,000
Answers
Among employers that provide health insurance, the cost to provide family coverage per year per employee can vary depending on several factors such as the size of the company, the region, and the specific plan offered.
It's important to note that this average cost can vary significantly based on different factors, and there can be a wide range of costs across different employers. Some employers may provide more generous coverage and contribute a larger portion of the premium, while others may offer more basic coverage with lower contributions.
Therefore, while $16,000 is an approximate average, it's always best to check with your specific employer or insurance provider for the most accurate and up-to-date information regarding the cost of family coverage.
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A company that views pricing as a static element in a business decision most probably:_______.
a. places a high priority on foreign business.
b. sets prices to achieve specific objectives such as targeted return on profit.
c. views export sales as active contributions to sales volume.
d. views domestic sales as an insignificant source of revenue. places a low priority on foreign business.
Answers
The company with the view of pricing as a static element in its business decision-making probably b. sets prices to achieve ...
Such a company does not place a high or low priority on foreign business compared to the high priority it sets on prices. This company does not view export sales as active contributions to its sales volume or domestic sales as an insignificant revenue source.
Thus, the company with a pricing-based decision element has some targeted returns.
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20. if the interest rate on the bond is 5%, the unemployment rate is 10%, the interest payment or coupon on the bond is $400, the inflation rate is 4%, choose the correct numbers and plug them into the formula for the bond interest rate that you wrote in (19). you may abbreviate the variables in the answer to
Answers
Answer:
The formula for bond interest rate is given by: i = r + π + (r × π) − u Where, i = bond interest rate, r = interest payment or coupon on the bond, π = inflation rate, and u = unemployment rate Given, r = $400, π = 4%, and u = 10%Substitute the given values in the formula to get: i = r + π + (r × π) − ui = $400 + 4% + ($400 × 4%) − 10%i = $400 + $16 + $16 − 10%i = $432 − 10%i = 4.72%
Therefore, the bond interest rate is 4.72%.
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Harold wants to find all order numbers in his database that begin with “01” and replace them with “02.” He places his cursor in the “OrderNumber” field and opens the “Find Dialog” box. Which steps would most quickly accomplish this task?
On the Find tab, enter “01” for “Find What,” go to Replace tab, enter “02,” and click “Replace.” Continue to the next record and repeat.
On the Replace tab, enter “01” to search, “02” to replace, and click “Replace All” to change all the order numbers that start with “01.”
On the Find tab, enter “01” for “Find What,” go to Edit tab, enter “02,” and click “Edit.” Continue to the next record and repeat.
On the Replace tab, enter “01” to search, “02” to replace, and click “Change All” to change all the order numbers that start with “01.”
Answers
Answer:
D.
Explanation:
A company’s ____ oversees routing transaction processing and information systems activities, as well as other computer-related areas.
a. chief executive officer (CEO)
b. Chief information officer (CIO)
c. Chief data officer (CDO)
d. Chief security officer (CSO)
Answers
A company’s Chief information officer (CIO) oversees routing transaction processing and information systems activities, as well as other computer-related areas. Correct option is b.
The Chief Information Officer (CIO) is in charge of managing information systems, routing transaction processing, and other computer-related areas inside a corporation. The CIO often oversees the company's overall information technology (IT) strategy, making sure that technology is used effectively to further corporate goals, increase productivity, and protect data security. They are in charge of directing the development, upkeep, and security of the company's computer systems, networks, databases, and other IT infrastructure.
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Only a lawyer can help with estate planning. True or False?
Answers
Answer:
false
Explanation:
produced Balanced scorecard for farmers insurance company.
Answers
The balanced scorecard for Farmers Insurance Company encompasses multiple perspectives and measures to evaluate the company's performance.
The balanced scorecard is a strategic management tool that provides a comprehensive view of an organization's performance by considering various dimensions beyond just financial metrics. For Farmers Insurance Company, the balanced scorecard would include four key perspectives: financial, customer, internal processes, and learning and growth.
1. Financial Perspective: This perspective focuses on financial performance indicators such as revenue growth, profitability, and cost management. It helps assess the company's financial health and its ability to generate sustainable returns for its stakeholders.
2. Customer Perspective: The customer perspective measures the company's success in delivering value to its customers. For Farmers Insurance Company, this could include metrics related to customer satisfaction, retention rates, and market share. It reflects the company's commitment to providing excellent customer service and meeting customer needs.
3. Internal Processes Perspective: This perspective evaluates the efficiency and effectiveness of internal processes critical to delivering value to customers. Key metrics could include claims processing time, underwriting accuracy, and productivity levels. By optimizing internal processes, Farmers Insurance can enhance operational efficiency and deliver superior service to its customers.
4. Learning and Growth Perspective: This perspective focuses on the company's ability to innovate, develop its workforce, and adapt to changing market conditions. Metrics may include employee training hours, employee satisfaction, and investment in research and development. It highlights the importance of continuous learning, employee development, and innovation to drive long-term success.
By adopting a balanced scorecard approach, Farmers Insurance Company can align its strategic objectives across different perspectives, monitor progress, and make informed decisions to improve overall performance and achieve its goals.
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What are the basic forms of competition? Discuss
Answers
Answer:
Explanation:
La educación por competencias ha resurgido en todo el mundo con gran fuerza desde finales del siglo pasado. Las reformas del sistema educativo mexicano emprendidas en la última década y que comprenden todos los niveles tienen un elemento en común: un currículo con un enfoque basado en competencias. Al igual que en otros países, en México estamos viviendo una efervescencia por las competencias; no obstante, la confusión y la incertidumbre parecen ser el signo distintivo de estas reformas. Es cierto que el concepto de competencias es polisémico y complejo, que no existe una teoría unificada que sustente este enfoque y que carecemos de experiencia en la puesta en práctica de un currículo basado en competencias. Si a esto le sumamos la dificultad propia que entraña la evaluación del aprendizaje, diremos que las condiciones están puestas para que la ambigüedad y el desconcierto reinen en los centros educativos, tal como está sucediendo. Este artículo tiene como objetivo contribuir al debate teórico actual en torno a la evaluación de competencias, así como aportar algunos rudimentos de tipo metodológico que permitan a los profesores mejorar sus concepciones y prácticas de evaluación.
Palabras clave: educación por competencias, evaluación de competencias, currículo basado en competencias, aprendizaje por competencias.
What is the first thing the law requires you to do when you arrive at an intersection? Explain what you should do if there is an officer directing traffic.
Answers
Answer:
If a law enforcement officer if directing traffic where there are traffic lights, OBEY the officer – not the signals. You must yield the right-of-way to all other traffic and pedestrians at stop signs. Move forward only when the road is clear. At four-way signs, the first vehicle to stop should move forward first.
The very first action we do is stop at the junction as if it were a red light and waiting for police to notify you when it is safe to go.
Explanation:
If a police officer directs traffic in an area with traffic signals, respect the officer rather than the signals. At stop signs, you must surrender the right-of-way to all other cars and pedestrians. Only proceed when the road is clear. When approaching a four-way stop, the first car to halt shall proceed first.
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what kind of technology refers as local technology or indigenous technology ?
Answers
Answer:
Local technology refers to the technology which are used in our locality from the ancient time and are made of locally available materials for the welfare of local people.
Answer:
Local technology refers to the technology which are used in our locality from the ancient time and are made of locally available materials for the welfare of local people.
Explanation:
1.the balance of an account is calculated as
A the total of the debit side
B the total of the credit side
C the difference between the totals of the debit and credit side
D.the sum of all entries
2.the total on the debit of an account is greater than the credit side.what does this mean?
A the account has a debit balance
B the account has a credit balance
C the account cannot be balanced
D the account has no balance
3.a credit balance occurs in a ledger account when
A the total on its debit side is greater than the credit side
B the total on its debit side is less than the total on its credit side
C the total on its debit side is equal to the total on its credit side
D the total is zero in the ledger account
Answers
Answer:
1.A
2.C
3.D
Explanation:
hope its help
Which of the following was a defining characteristic of the United States during the 1930s?answer choicesA sharp increase in the power given to state governmentsAn extended period of economic depressionThe adoption of an interventionist foreign policyThe formation of a national Civil Rights movement
Answers
The adoption of an interventionist foreign policy. National governments use foreign policy to direct their diplomatic interactions and relationships with other nations.
In the 1930s, what was the defining characteristic of the United States?
The consumer economy came to a halt, and what started as a normal recession turned into the Great Depression, the 1930s' most important event.
What factors directly contributed to the United States' 1929 economic instability?
The Great Depression began with the crash of the stock market in October 1929, but a number of other factors made it a decade-long economic disaster. The Great Depression was caused by excessive production, executive inaction, inappropriate tariffs, and an inexperienced Federal Reserve.
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the recruitment harboring transportation provision for obtaining of a person for commercial sex work or labor service is called
Answers
Labor trafficking is the act of procuring a person for paid sex services or labor by means of recruitment, sheltering, and transportation.
What precisely is labor trafficking ?The practice of forcing, deceiving, or coercing someone into performing labor or providing services is known as labor trafficking, which is a contemporary form of slavery.
Debt bondage, forced labor, and child labor are all examples of labor trafficking. In numerous industries, labor traffickers coerce people into working against their will by using violence, threats, deception, and other forms of compulsion.
People who are forced to work as domestic servants in people's homes, farmworkers who are pushed into using violence to harvest crops, and factory workers who are kept in appalling conditions for little to no compensation are examples of common types of labor trafficking.
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Identify the problem by analyzing the given scenario. An IT software company is losing market share because it fails to launch new products in a timely manner. Decisions are centralized at the top, and employees have little or no voice. One way to solve this problem is to use teams to eliminate ____ in the company.
Answers
Explanation:
to eliminate their best efforts in the company
Answer:
"bureaucratic barriers"
Explanation:
i got it right on plato
Which statement best describes the difference between an epidemic and a pandemic?
A pandemic lasts for a long time, and an epidemic lasts only a short period of time.
A pandemic involves many deaths, and an epidemic only involves sickness.
An epidemic is contained to a region, and a pandemic is global
An epidemic involves an illness where a pandemic involves an injury.
acupuncture, herbal medicine, and meditat
the Hippocratic Oath, the humoral theory, and meditation
bloodletting, plasters, and herbal medicine
Answers
Answer:
a pandemic involves many deaths , and an epidemic only involves sickness
Answer:
An epidemic is contained to a region and a pandemic is global.
Please help!! Unit test question 50 pnts!!!! Kyle is applying to be a police officer. In his interview, he describes that he loves watching the news and following current cases. He explains that he is honest, caring, compassionate, and has a very deep sense of integrity. He then explains that he is in excellent physical condition and trains regularly in hand-to-hand combat. He tells them that he is a member of the Police Explorers, a group that trains and rides along with the local police. He also tells them that he graduated at the top of his class and was a state finalist on the mock trial team. Which table accurately lists Kyle’s personal interests, skills, achievements, values, and experiences? A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries grades and mock trial finalist; physical condition and training; following cases on the news; honest, caring, compassionate, has integrity; Explorers. A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; honest, caring, compassionate, has integrity; grades and mock trial finalist; physical condition and training; Explorers. A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries grades and mock trial finalist; honest, caring, compassionate, has integrity; Explorers; physical condition and training; following cases on the news. A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; physical condition and training; grades and mock trial finalist; honest, caring, compassionate, has integrity; Explorers.
Answers
The table is A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; honest, caring, compassionate, has integrity; grades and mock trial finalist; physical condition and training; Explorers. The correct option is (B).
What do you mean by skills, interest?Passion (or Interests): Do I enjoy engaging in this activity? something that you enjoy doing? Is this an activity I have the talent (or skills) for?
There are three categories of skills: self-management, functional, and specialised knowledge. Functional skills are innate aptitudes or capabilities that are refined through practice and education.
Therefore, the table accurately lists Kyle’s personal interests, skills, achievements, values, and experiences is A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; honest, caring, compassionate, has integrity; grades and mock trial finalist; physical condition and training; Explorers.
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In an attempt to increase sales, JCPenney has increased its advertising and sales promotions in its current markets, hoping to attract new customers and get existing customers in the doors. Which growth strategy is JCPenney employing
Answers
Answer: Market penetration
Explanation:
Market penetration can be defined as the comparison of the assessment of how much product has been sold relative to the total market has been estimated to be covered for that particular product. It is expressed in percentage. The market penetration can be enhanced by increasing the advertisement of the product and promoting the sales.
Hence, market penetration is the growth strategy, which JC Penney is applying.
A Manager Should Always Reject A Special Order If o A. The special order price is less than the variable costs of the order. o B. The special order price is less than the regular sales price. o C. There is available excess capacity. o D. The special order will require variable nonmanufacturing expenses.
Answers
A Manager Should Always Reject A Special Order if A. The special order price is less than the variable costs of the order.
How do you decide whether to approve a special order?
Management must take into account a number of considerations before determining whether to accept a particular order:
1. the quantity needed to complete the particular order.
2. Whether the buyer's proposed price will cover the cost of production.
3. the analysis's use of fixed costs.
4. Qualitative elements
Management should only approve a special order if the added revenue surpasses all product costs when analysing the request. Management must take into account a number of criteria before deciding whether to accept a particular order, including the capacity needed to complete the request. Whether the buyer's proposed price will cover the cost of production. the analysis's use of fixed costs.
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which of the following statements regarding warrants and rights are true? qid: 3571183 mark for review a both warrants and rights are short-term. b warrants are short-term, while rights are long-term. c both warrants and rights are long-term. d warrants are long-term, while rights are short-term.
Answers
The statement that is true regarding warrants and rights is d) warrants are long-term, while rights are short-term.
There are a few key reasons why warrants are typically longer-term than rights. First, warrants are generally issued by a government entity, while rights are often established by private contracts.
Second, warrants often give the holder the right to purchase or otherwise acquire an asset, while rights typically only entitle the holder to use or sell the asset.
Finally, warrants typically have a fixed expiration date, while rights may be renewable. Hence, warrants are formed on a long-term basis whereas rights are formed on a short-term basis.
On the other hand, rights are not always issued by the government, it may be issued by social organizations or circles and hence are not always long-term.
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Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answers
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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points and freind requsts
Answers
Answer:
Thank you so much for points I will be your friend............
1. Daisy’s Donuts needs your help in calculating their break-even point. They pay $3000 in rent and $2000 in other fixed costs per month. The cost to make each donut is $0.10. Daisy sells her donuts for $0.50 each.
a. How many donuts must Daisy sell to break even each month?
b. What is Daisy’s profit margin?
Andy’s car wash washed 2000 cars in June. The cost of water, soap, and hydro to wash each car are $2.00. Andy charges $5.00 for each car wash. His total fixed costs are $9000.
c. Did Andy break even in June? How do you know?
Bep = fixe9000/5-2
= 9000/3
= 3000 cars
d. How much profit or loss did he have for the month?
2. May purchases scarves for $30 and sell them for $100.
a. What is her profit margin?
b. What is her markup?
c. If she discounted the scarves by 10%, what would the new price be?
Stylogel wants to price a new style of the pen for the retail market. Its fixed costs will be $500 000 per year. It is examining three price points to the retailer: $1, $2.50, and $5, with a manufacturer’s suggested retail price of $2, $5, and $10 respectively. The variable costs of the pens depend on the price point. The $1 pen has variable costs of $.25 because it has little packaging and is made of basic materials. The $2.50 pen has little packaging as well, but the materials are of better quality, so its variable costs are $.50. The $5 pen is made of metal and comes in a gift box; therefore, its variable costs are $2 per pen. Advise Stylogel as to the price it should select.
You have decided to start up your own business for the summer rather than getting a summer job. A business contact that you know can supply you with Nike “knock-off” hooded sweaters at $10 each. The sweaters look the same and are of similar quality to true Nile sweaters that retail in other stores for $60 each. The “knock-off” sweaters have the brand name “Nik” and a swoosh logo very similar to the Nike sweaters.
You go and visit your local shopping mall and find out that there are two possible Kiosk locations that you can rent for July and August. The Kiosk that rents for $500 per week is located at the far end of the mall behind the food court. You note that there is not much shopper traffic in this area as most shoppers just grab something to eat and return to the main mall. The other Kiosk rents for $1000 a week and is located right in the middle of the mall, in front of a store that sells Nike sweaters. Both locations have additional utility costs of $250 per week.
You are going to hire a sales associate to run the Kiosk since you rather be playing golf during the summer. You calculate that this helper will work 35 hours per week. The going rate for sales associates in the mall is $10 per hour and 10% commission of the sales they make. You notice that there are several stores in the mall with “sales help wanted” signs.
Answer the following questions:
Determine all the fixed costs. These are the costs (expenses that remain the same irrespective of how much you sell.
How much would you pay your employee? Give at least 2 reasons for your choice.
What is the relationship between the selling price and demand for the sweaters?
What else, other than price affects the demand for the sweaters? Indicate at least 2 different strategies that you can try to increase the demand for your sweater.
Establish a selling price. Give at least 2 reasons for your choice.
What are your variable costs (expenses that are directly related to how much you sell – the more you sell the higher they are)?
Based on your selling price, what is your profit per sweater sold (how much do you make for every sweater sold?
Determine how many sweaters you have to sell before you start making money (to cover all your fixed and variable costs).
Your golf membership and pay fees for the summer are $6,000. How many sweaters are you going to have to sell to make sure that you make enough profit so that you can play all summer?
Answers
Answer:
I think the first one is 6000. Im not sure about the others though
Explanation:
I hope this helped!
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.