1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
maxonik [38]
3 years ago
14

Which of the following conditions distinguishes monopolistic competition from perfect competition? a. the freedom of entry and e

xit by firms in the market b. the number of sellers in the market c. the size of firms in the market d. product differentiation
Business
1 answer:
MariettaO [177]3 years ago
6 0

Answer:

d)product differentiation

Explanation:

monopolism is when only one producer in the area produces the good/service thus there is no competition eg power supply company while perfect competition is when same type of products but different styles are produced making the business environment competitive.

You might be interested in
The phrase "walk the talk" means:
Nutka1998 [239]

Answer:

The phrase walk the talk means To perform actions consistent with one's claims

In this case the answer is (C) ​that management lives the ethical standards established in the code of ethics as the management has to follow the ethical standards it set for itself.

Explanation:

5 0
3 years ago
Provide an example of economic regulations that a government might put into place and why
HACTEHA [7]

The Government regulates the sale and research of prescription drugs in order to promote safety and fair practices in the healthcare industry.

3 0
3 years ago
U.S.-based royal corporation is hesitant about entering into a licensing agreement with hexagon, inc., a company from the monasl
sasho [114]

I guess the correct answer is legal

U.S.-based Royal Corporation is hesitant about entering into a licensing agreement with Hexagon, Inc., a company from the Monaslu Republic, due to the likelihood that Hexagon will opportunistically break a contract or expropriate property rights. The type of risk Royal Corporation trying to avoid is legal.

Lеgal risk is thе risk οf financial οr rеputatiοnal lοss that can rеsult frοm lack οf awarеnеss οr misundеrstanding οf, ambiguity in, οr rеcklеss indiffеrеncе tο, thе way law and rеgulatiοn apply tο yοur businеss, its rеlatiοnships, prοcеssеs, prοducts and sеrvicеs.

8 0
3 years ago
Markets provide the efficient amount of a good or service when externalities are present. monopoly exists. public goods are pres
torisob [31]
Markets provide the efficient amount of a good or service when <span>externalities and public goods are absent.
Externalities in this case refers to an unpredictable occurence such as natural disasters, and public goods refers to the goods that given from the government for lower or higher than the market price</span>
4 0
3 years ago
When policymakers set prices by legal decree, they obscure the signals that normally guide the allocation of society's resources
r-ruslan [8.4K]

True- prices are supposed to be controlled by the changing equilibrium of supply and demand and when the government sets a price it may increase or decrease demand or supply in a way that would not naturally take place.

3 0
3 years ago
Other questions:
  • A product is invented in Country X and is first manufactured there. The International Product Life Cycle Theory holds that the p
    14·1 answer
  • A firm gathers ________ data by conducting surveys, interviewing customers, or mailing out questionnaires
    9·1 answer
  • Which of the following is an activity that falls into a gray area and might be acceptable Internet use in some organizations but
    9·1 answer
  • During the accounting period, the company purchased $234,000 of direct raw materials. it incurred $180,000 of direct labor costs
    11·1 answer
  • Lagoon has two food stores Buck's and Combo's. It costs $1 to make one of Buck's bread loaves and $2 to make one of Combo's chee
    11·1 answer
  • Carr Company is considering two capital investment proposals. Estimates regarding each project are provided below:Project Soup P
    15·1 answer
  • The following information about the payroll for the week ended December 30 was obtained from the records of Boltz Co.:Salaries:
    14·1 answer
  • What negative consequences can emerge when vision, mission, or values contradict strategy? Name a time where you believe strateg
    9·1 answer
  • The present value of a cash flow will _________ be less than the future dollar amount of the cash flow
    9·1 answer
  • As the market revolution took on steam, some critics described wage labor as the very essence of slavery.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!