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Tanya [424]
3 years ago
14

In the process of benchmarking for a variable expense (such as payroll) the typical metrics used are "Total Dollars" and "Dollar

s per Available Room." true or false
Business
1 answer:
g100num [7]3 years ago
8 0
The answer is false
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Given the characteristics: (1) many buyers and sellers, (2) free entry and exit, (3) perfect information, and (4) heterogeneity
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1) many buyers and sellers, (2) free entry and exit

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A monopolistic competition is when there are many buyers and sellers of heterogeneous goods and services. There are free entry of firms into and out of the industry. Firms set the price for their products. Buyers and sellers do not have perfect information. In the long run, monopolistic competition make zero economic profit.

A pure competition is characterised by many buyers and sellers of homogenous goods and services. Buyers and sellers have perfect information. There are no barriers to entry or exit of firms in the industry. Market price is set by the market forces. Firms make zero economic profit in the long run.

I hope my answer helps you

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3 years ago
Sheffield Realty Corporation purchased a tract of unimproved land for $115,500. This land was improved and subdivided into build
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The answer and procedures of the exercise are attached in the following archives.

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You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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The style of leadership that most directly aligned with this behavior is SUPPORTIVE.
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