Answer:
1) many buyers and sellers, (2) free entry and exit
Explanation:
A monopolistic competition is when there are many buyers and sellers of heterogeneous goods and services. There are free entry of firms into and out of the industry. Firms set the price for their products. Buyers and sellers do not have perfect information. In the long run, monopolistic competition make zero economic profit.
A pure competition is characterised by many buyers and sellers of homogenous goods and services. Buyers and sellers have perfect information. There are no barriers to entry or exit of firms in the industry. Market price is set by the market forces. Firms make zero economic profit in the long run.
I hope my answer helps you
Answer:
the U.S. Census Bureau
Explanation:
Demographics refers to the classification of the population depending on various traits such as age, gender, race and incomes. It includes statistical data on social-economic information about the population. Data captured in demographics include education level, marital status, employment, income, births and deaths.
The US Bureau of statistics is the government agency mandated to collect and analyze information on the different aspects of the population. The Bureau conducts a census periodically and realizes its finding to the public. Business can use the information from the Bureau to plan for its marketing activities.
Answer:
Depends if the accusations are true or not.
Explanation:
If the client has hard solid proof of these claims then you should try apologizing and stop false advertising, unfair practices, and discrimination. If the client doesn't have proof of these claims and is lying, you should try banning them from your buisness. Keep doing your job but be more aware of these things.
hope this helps :)
Answer:
$986.39
Explanation:
Given :
Value of items in inventory :
(7 * $52) + (19 * $53) + (25 * $28) + (18 * $65) = $3241
Number of items in inventory :
(7 + 19 + 25 + 18) = 69 units
Weighted average inventory cost :
$3241 / 69 = $46.971014
Number of commodity in hand at year end = 21 units
Amount of inventory at year end using average costing method :
Number of commodity * Average inventory cost
(21 * $46.971014) = $986.39
The amount of inventory at the end of the year according to the average costing method is $986.39