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ra1l [238]
3 years ago
14

Mia and Jack are two chocolate producers. Mia packs her chocolates in attractive boxes and charges slightly more than Jack does.

Despite her slightly higher prices, consumers are more attracted to Mia’s chocolates. What market structure does this situation represent?
Business
2 answers:
Nostrana [21]3 years ago
8 0

Answer:monopolistic competition

Explanation:

mestny [16]3 years ago
3 0
<span>The answer would be this is a monopolistic competition. This is a kind of imperfect rivalry such that many creators sell merchandises that are distinguished from one another (for example, its branding or excellence) and henceforth are not perfect alternatives.</span>
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Answer:

The bill is $57.5

Explanation:

The computation of bill is shown below:

= Price for starters + price for main course + price for deserts + service charge tax

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= $57.50

The service charge would be calculated by considering all food costing.

In mathematically

= Service tax rate × ( Price for starters + price for main course + price for deserts)

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The statement is: False.

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