Answer: True - Monopolistic competition
Explanation:
The monopolistic competition is one of the type of imperfect competition in which the various types of industries selling the products and the services that is basically differentiated from others.
In the monopolistic competitors, the different types of decision taken by an organizations are not directly affecting the other competitors in the market.
According to the question, the J. Pitner's is basically refers to the monopolistic competition in the given competitive environment as it helps in establishing the reputation by offering the various types of high quality services.
Therefore, Monopolistic competition is the correct answer.
The belief that human behavior, as well as nonhuman animal behavior, can be partly explained as the outcome of natural selection
Answer: Dependability is defined as the quality of being able to be counted on or relied upon. When you always do everything that you say you will and never make promises you cannot keep, this is an example of dependability. YourDictionary definition and usage example.
Explanation:
Answer:
The correct answer would be option C, When the price of a good decreases, sellers produce less of the good.
Explanation:
According to the law of supply, when the price of the product increases, the quantity supplied also increases.
This theory suggests that there is a direct relationship between the price of the product and the quantity supplied of the product. So when the price of a good decreases, sellers produce less of the good.
Answer:
Financial disadvantage from further processing = $(9)
Explanation:
<em>A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost. </em>
<em>Also note that all cost incurred up to the split-off point (the cost of crushing) are irrelevant to the decision to process further . </em>
$
Sales revenue after crushing 55
Sales revenue at the split-off point <u>81</u>
Additional sales revenue 26
Further processing cost <u> (35)</u>
Net income after further processing <u> (9)
</u>
Financial disadvantage from further processing = $(9)
<em>Kindly note that the allocated joint costs( cost of sugar and crushing) are irrelevant. This implies that whether or not the intermediate products are processed further the joint costs are irrelevant to the decision to process the beet juice further</em>.
