All categories

3 years ago

All of the following characteristics are common to both monopolistic competition and perfect competition except:________

Business

1 answer:

Dima020 [189]3 years ago

4 0

Answer:

The correct answer is option d.

Explanation:

Monopolistic competition is the market where there is a large number of firms producing differentiated products. The firms are price makers and face a downward sloping curve. There is very low or no barriers to entry and exit.

A perfect competition has a large number of firms producing identical products. These firms are price takers and face a horizontal line demand curve. There are very low or no barriers to entry and exit.

The firms in both market forms are trying to maximize profits. The market demand curve is also downward sloping in both. But the monopolistic competition produces differentiated products and firms are price makers.

You might be interested in

Select the type of job best demonstrated in each example.

lisabon 2012 [21]

Answer:

1-job with benefits

2-entry level job

3-salaried job

4-part-time job

Explanation:

8 0

3 years ago

Read 2 more answers

The fundamental economic problem is meeting people’s virtually unlimited needs and wants with limited resources.Question 3 optio

Solnce55 [7]

Answer:

The correct answer is: True.

Explanation:

The basic or fundamental problem in economics is people have unlimited wants and needs and the resources are limited. These limited resources have alternative uses and are used to satisfy unlimited wants and needs.

These resources are to be used rationally in such a way that total utility or consumption derived is maximized.

7 0

3 years ago

A ___________ plan can help you identify steps needed to restore a failed system. business continuity disaster recovery risk man

Alex777 [14]

Answer:

Disaster recovery plan

Explanation:

Disaster recovery plan (DRP), it is a plan or approach which is structured as well as documented, states how the organization or business could resume work after the unplanned incident happen.

It is the vital part of the business as depend on the functioning of IT, it aims to resolve the loss of data and also recover the system functionality so that the could perform well after incident.

So, DRP, could help in recognizing the steps required to restore the failed system in the business.

7 0

3 years ago

he most important function of packaging is a. offering convenience to customers. b. attracting the attention of the customer. c.

zalisa [80]

Answer is b. i just took it

3 0

3 years ago

Valuation of a swap during its life will least likely involve the:

crimeas [40]

Valuation of a swap during its life will least likely involve in the application of the principle of no arbitrage.

Swap involves two individual that exchanging properties or money. This individual use different tools for the exchange as desired by them.

Arbitrage allows for sale of goods or property at the highest asking price and valuation will most like involve in it.

Therefore, valuation of a swap during its life will least likely involve in the application of the principle of no arbitrage

Learn more on swap below,

brainly.com/question/22298763

#SPJ12

3 0

2 years ago