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Novosadov [1.4K]
4 years ago
6

How do monopolistic competitors try to make their products stand out?

Business
1 answer:
sergey [27]4 years ago
7 0

<u>Answer:</u>

<em>They use non-price competition such as advertising </em>

<em></em>

<u>Explanation:</u>

Monopolistic competition portrays an industry where numerous organizations offer items or administrations that are comparable, however not immaculate substitutes. Hindrances to section and exit in a monopolistic focused sector are low, and the choices of anybody firm don't legitimately influence those of its rivals. Monopolistic competition is firmly identified with the business technique of brand separation.

Monopolistic competition is a type of rivalry that portrays various ventures that are well-known to purchasers in their everyday lives. Models incorporate eateries, hair salons, attire, and buyer hardware.  

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Explanation:

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767,840 627,760 297,000

3 0
3 years ago
Havermill Co. establishes a $300 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated recei
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Answer and Explanation:

The journal entry to record the establishment as follows:

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