1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lyrx [107]
3 years ago
7

The difference between monopolistic competition and pure monopoly is that in comparison to monopolistic​ competition, pure monop

oly has A. at least one​ competitor, a patented​ product, little price​ control, and few entry barriers. B. one​ firm, a patented​ product, some price​ control, and entry barriers. C. one​ firm, a unique​ product, price​ control, and entry barriers. D. at least one​ firm, a patented​ product, some price​ control, and few entry barriers.
Business
2 answers:
RSB [31]3 years ago
7 0

Answer: one firm, a unique product, price control, and entry barriers. (C)

Explanation:

A pure monopoly is a form of market structure where there is only one company that is the single source for a product and no close substitutes for the product. Pure monopolies are rare and for a pure monopoly to exist, there must be barriers to entry which prevents competitors.

Monopolistic competition is a form of imperfect competition where there are many producers selling products which are differentiated from one another maybe by quality or branding and therefore are not perfect substitutes. Monopolistic competition has fewer firms, some price control.

earnstyle [38]3 years ago
4 0

Answer:

C. One firm, a unique product, price control and entry barrier

Explanation:

Monopolistic competition: This is a market structure in which there are many sellers selling differentiated product.

Differentiated product are products which differs in quality, brand name, styles.

Features of monopolistic competition

1. Many sellers and buyers

2. Existence of competitors

3. Sellers sell differentiated product

4. Limited price control.

Monopoly: This is a market structure characterized by a single seller selling a unique product in the market.

Features of Monopoly

1. There is a single seller and many buyers.

2. Seller sells a unique product.

3. There is entry barrier, that is, no free entry.

4. Presence of price control

5. Absence of competitors.

You might be interested in
On July 1, 2014, Agincourt Inc. made two sales.
sesenic [268]

Answer:

Explanation:

Date                   Account title and Explanation     Debit      Credit

1st july-14                  Notes receivable             $1,393,591

                         Discount on notes receivable                                                                     ($1,393,591 - S600,100 - $317,900)                  $475,591

                                                Land                                           $600,100

                                   Gain on disposal of land                                                 `                        ($918,000 - $600,100)                               $317,900  `                                           (To record sale of land)

1-Jul-14

                                  Notes receivable                 $404,300

                                   Service revenue                                  $404,300

`                               (to record service revenue)

5 0
3 years ago
Which of the following would not affect the outcome of a job interview?
Lostsunrise [7]

Answer:

d. interviewer’s clothing

Explanation:

A prepared talk where one person asks questions and other people answers is called An interview. In other words, an interview is a situation where someone serves as the interviewer and the other as the interviewee.  

A chat that occurs between someone who applied for a job and the spokesperson of a business that is being done to determine whether the candidate is capable of working is called Job interview.  

5 0
3 years ago
Drag the tiles to the correct boxes to complete the pairs.
Sonbull [250]

Answers:

F h Garvey

Explanation:

Dfffd

4 0
3 years ago
A popular clothing brand has released a new range of pants. The brand manager wants to target several sections of youth with thi
Andrej [43]

.Answer:

A.  customer classification

Explanation:

Classification of consumers is the process of grouping customers according to shared traits. Customers in the same group will share some common characteristics that a business can use to serve them better. In customer classification, the firm seeks to identify the common traits that make customers have similar buying patterns.

The manager in the clothing brand has identified traits he can use to classify the target customers into four groups. He has applied customer classification. If he subdivides each group by specific attributes such as age, gender, or other similarities, he would be doing customer segmentation

7 0
3 years ago
Bp's expansion plans were reduced, and its ability to compete with other large multinational oil companies like____ became limit
forsale [732]

Bp's expansion plans had been reduced, and its capacity to compete with other large multinational oil companies like Exxon Mobil and ShellExplanation has become restricted.

BP's new cause is reimagining energy for people and our planet. The cause is underpinned by way of an industry-leading ambition – for BP to become a net zero organization by 2050 or faster, and to help the world get to net zero – and this ambition is supported by using 10 goals.

The strong development bp has made over the last few years has reinforced its confidence in the shipping of its earnings and returns goals for 2025. further, it's far now aiming to keep growing EBITDA through to 2030.

It's critical to show BP's graduate recruiters that you percentage BP's five middle values: safety, respect, excellence, one crew, and braveness.

Learn more about Bp's expansion here: brainly.com/question/15043209

#SPJ4

6 0
2 years ago
Other questions:
  • On February 2, 2019, Alexandra purchases a personal computer. The computer cost $1,800. Alexandra uses the computer 85 percent o
    10·1 answer
  • Which is higher: CEO or CFO<br><br> Thanks
    15·2 answers
  • When the turbine generators are turning from the steam, what do they produce?
    10·1 answer
  • Self-interest helps achieve society's economic goals because as consumers and producers exercise their ____ to act in their own
    11·1 answer
  • Which of the following can be classified as organizations:
    5·2 answers
  • The _____ measures the dollar value at current market prices of all final goods and services produced annually by factors of pro
    9·1 answer
  • Tory invested $600 a year for three years, then $700 a year for an additional four years. In year 9, she withdrew $1,500. She wi
    10·1 answer
  • What can be used to customize how the data is tracked in the Conversions<br> column
    5·1 answer
  • Explain the teams and conflict in organization
    6·1 answer
  • One of your customers has decided to commit $10,000 to fixed income. She is trying to decide if it makes more sense to invest in
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!