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Margaret [11]
2 years ago
14

in most large cities there are a large number of bakeries. these bakeries produce similar, but not identical, products. some bak

eries claim to have the best cheesecakes in town, while others brag about their cookies or specialty breads. the bakery market in a large city is an example of:
Business
1 answer:
lana [24]2 years ago
8 0

The bakery market in a large city is an example of Monopolistic competition.

Monopolistic competition exists when many companies offer competing products or services that are similar, but not perfect, substitutes. In this case, the bakeries in large cities that produce similar, but not identical products. The market structure is a form of imperfect competition.

Some of the characteristic of a monopolistic competition structure are;

The presence of many companies.

Each company produces similar but differentiated products.

Companies are not price takers.

Free entry and exit in the industry.

Companies compete based on product quality, price, and how the product is marketed.

For further clarification refer here;

brainly.com/question/13311608

#SPJ4

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Employers include __________ plan coverage in fringe benefit programs to retain high-quality employees and ensure productivity b
finlep [7]

Employers include" Group health" plan coverage in fringe benefit programs to retain high-quality employees and ensure productivity by providing preventive medical care to create a healthy workforce.

<h3>What do you mean by fringe benefit program?</h3>

The fringe benefit program include health insurance, worker's compensations, retirement benefits and medical leave.

As a company it's the duty of owner and management to take care of their employees health.

It is very common to say that health is wealth. Therefore, it is mandatory in every company to cover all the health benefits for better growth.

Learn more about fringe benefit program, refer to the link:

brainly.com/question/20599659

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6 0
2 years ago
According to F.A. Hayek, what is the fundamental economic problem facing society?
jenyasd209 [6]

Answer:

According to F.A. Hayek, the fundamental problem facing every society is how to use limited resources in the most optimal way possible.

Explanation:

To Hayek, this problem could not be fully solved by any society, but the best a society could do is to rely on the price system, only possible under a free market, to signal which uses were more optimal than others.

This is also the reason why F.A. Hayek, along with fellow Austrian economists Ludwing Von Mises, believe that socialism could not work: socialism, according to Hayek and Mises, destroyes the price system, and without it, society has no rational way to allocate resources in an optimal way.

8 0
3 years ago
A company with significant assets and activities in multiple countries is known as a(n):____.
Gnom [1K]

A company with significant capital and activities in multiple countries is known as a multinational corporation.

A multinational corporation generally has offices or factories in different and multiple countries and a centralized head office where they coordinate global management.

Other than its home country, a multinational corporation has facilities and other capital in at least one country. Many multinational enterprises are based in developed nations.

The multinational advocates create high-paying jobs and technologically advanced goods in countries that otherwise would not have reach to such opportunities or goods.

Some examples of multinational corporations include- Apple, Samsung, Starbucks, Ikea, Nike, McDonalds, Pepsi etc.

Hence, option A is correct.

To learn more about the multinational corporations here:

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8 0
2 years ago
During sales at her accessories store, Manila likes to display large signs in the store window to attract customers. She also pu
Bess [88]

Answer: The use of promotional signage

Explanation:

A promotional signage is a method of advertisement where special offers are displayed at strategic points by a business to the public to attract customers to patronize the business. Manila in her is making use of promotional signage to draw the attention of potential buyers to her store.

4 0
3 years ago
Read 2 more answers
Opponents of free trade zones might use this map to argue that free trade. What is this map?
Elena-2011 [213]

Answer:

Map of Colonial empire in 1945.

Explanation:

The map that is talked about here is the map of the colonial empire in 1945. It was the end of World War II, and there arose a conflict in export and import of goods and services between various nations. Free trade encouraged the greater mobility of goods where people might use the above-mentioned map to draw and redraw their boundaries.

8 0
4 years ago
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