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
rosijanka [135]
1 year ago
10

If a firm in a purely competitive market can differentiate its product or service, it becomes part of a(n) ________ market.

Business
1 answer:
k0ka [10]1 year ago
5 0

If a firm in a purely competitive market can differentiate its product or service, it becomes part of a monopolistic competition market.

Monopolistic competition is a type of imperfect competition in which many manufacturers compete with each other, but sell different products, so they are not perfect substitutes.

These sellers can calculate their prices based on the uniqueness of the products they are offering, so you cannot compete on price. Also, this company that

has full control or is trying to have full control of something, especially has areas of business that no one else is involved with. She didn't think the fines would be a sufficient deterrent to monopoly practices by large manufacturers. The company has been accused of monopolistic conduct.

Learn more about monopolistic  here

brainly.com/question/25717627

#SPJ4

You might be interested in
Which of the following is true when an economy produces at full employment, but consumers, government, businesses, and the forei
Art [367]

Answer:

When an economy produces at full employment, but consumers, government, there is a recessionary gap - Option B.

Explanation:

According to the Keynesian perspective, firms produce output only if they expect it to sell.

While the availability of the factors of production determines a nation’s potential gross domestic product (GDP), the amount of goods and services actually being sold, known as real GDP depends on how much demand exists across the economy.

Keynes termed a fall in the aggregate demand as a recessionary gap.

A recessionary gap refers to an economy operating at a level below its full-employment equilibrium. Under this condition, the level of real gross domestic product (GDP) is lower than the level of full employment, which puts downward pressure on prices in the long run.

Thus, when an economy produces at full employment, but consumers, government, there is a recessionary gap - Option B.

6 0
3 years ago
You are 18 years old, opening your first savings account, and are considering three options: BANK A is not FDIC insured, has an
leonid [27]

Answer:bank b

Explanation:

6 0
3 years ago
When using ___________, finalists are ordered from the most desirable to the least desirable based on results of discretionary a
Gennadij [26K]

When using <u>Ranking</u>, finalists are ordered from the most desirable to the least desirable based on results of discretionary assessments.

Operations control is chiefly worried about planning, organizing, and supervising inside the contexts of manufacturing, manufacturing, or the availability of services. As such, it's far delivery-focused, ensuring that a company correctly turns inputs to outputs in a green manner.

It actually approaches the cease-to-stop technique of shifting and storing elements of completed and unfinished goods. as an example, a vehicle production business enterprise will save and transfer automobiles (or their components) in a scientific manner.

The number one goal of operations control is to utilize the sources of the enterprise, to create such services or products that fulfill the needs of the clients, with the aid of offering “proper component at the right rate, vicinity and time”.

Learn more about Operations management here

brainly.com/question/26322690

#SPJ4

8 0
2 years ago
Dividing responsibility among some of the team members is effective delegation
konstantin123 [22]

Answer:true

Explanation:

Because dividing tasks get more accomplished faster

5 0
3 years ago
Guiding, teaching, and supervising employees are activities associated with:
Yakvenalex [24]
<span>Guiding, teaching, and supervising employees are activities associated with leading.
If a person is guiding someone or a group of people, he acts as a leader so that is why it is associated with leading. Similar is the case with teaching and supervising employees, a person acts as a leader for other.</span>
5 0
4 years ago
Other questions:
  • What is a standard of living?
    9·1 answer
  • 1.People who make the best mystery shoppers have usually prepared themselves by: Reading Passing Certification Courses Researchi
    8·1 answer
  • Ivanhoe Company has a factory machine with a book value of $88,100 and a remaining useful life of 7 years. It can be sold for $3
    14·1 answer
  • For each of the statements below, use the dropdown box to select the response that completes the sentence correctly. Knowledge C
    5·1 answer
  • Nov. 5 Purchased 850 units of product at a cost of $10 per unit. Terms of the sale are 3/10, n/60; the invoice is dated November
    5·1 answer
  • Marketing research indicates that almost 70 percent of all women drivers who have driven a Volkswagen Cabrio prefer it to any ot
    8·1 answer
  • The purpose of a value proposition is to quickly and easily convey a company or organization's product or service offering to it
    6·1 answer
  • Mat Rollins, CEO of Rollins, Inc., decided that upon his retirement, he would elect his son Chris to become the new CEO. Mat tho
    14·1 answer
  • The company's wacc is 10.5%. what is the irr of the better project? (hint: the better project may or may not be the one with the
    12·1 answer
  • Economists refer to the process of proactive consumers choosing to either exit from a sale or to voice their dissatisfaction wit
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!