Answer: Monopolistically competitive structure.
Explanation:
The restaurant industry as described in the question is a Monopolistically competitive structure. In the Monopolistically competitive structure different businesses offer a similar product for sale and they try to make their products unique and can set their prices without considering the price set by their competitors. The Monopolistically competitive structure is difficult market for new businesses to break into.
Answer:
False
Explanation:
In an enterprise-class database system, business users can not interact directly with the DBMS, which directly accesses the database data
Answer:
The answer is Yes
Explanation:
Contingent liability is the type of liability that is dependent on some uncertain future events or occurrences. The 90-day warranty gives rise to contingent liability. This liability should be recognized when it can be reasonably estimated. For example, The estimation of contingent liability is 6percent of the sales of computers.
Therefore, contingent liability should be recognized.
Answer:
The company should hire 2 min in television and 3 min in radio.
Explanation:
This is a maximization problem. The first thing to do is to set the main equation given and to define the constrainsts. In this case the constraints are: 3x+1y ≤ 10, x ≥ 0, y ≥ 0 x and y are integers (since you only can hired entire minutes). An interation process with possible x,y combinations is the proper approach. If you do not use solver (Excel microsoft), you have to prove every x,y possible combination and visually identify the max outcome for revenues
