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grin007 [14]
3 years ago
12

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.  

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Answer:

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Hope this helped :)

Explanation:

3 0
3 years ago
The budgeting process that involves adding a month to the end of the budget period at the end of each month, thus maintaining a
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Answer:

b. continuous budgeting

Explanation:

Continuous budgeting (sometimes referred to as rolling budgeting) involves continually adding an additional month to the end of a multi-period budget as each month goes by.

The continuous budgeting concept is usually applied to a twelve-month budget, so there is always a full year budget in place.

4 0
3 years ago
According to Victor Vroom, which of the following is not considered a factor that influences motivation?
Gre4nikov [31]

Answer:

A, independence

Explanation:

Motivation can be defined as the stimulation of individuals to achieve a certain goal.

It can also be said to be the a force that drives the wants, needs, etc of an individual. Motivation have various influencing factors as well as several modes.

Factors that influences motivation include; valence, instrumentality, expectancy, etc.

Modes of motivation include; intrinsic, extrinsic, introjected and identified motivation.

From the above question, independence isn't a factor that influences motivation. This is because independence, according to the dictionary, can be said to be a state of freedom from something.

Freedom does not motivate a person to achieve anything as there will be no pressure or driving force or even an individual to encourage. This makes goals impossible to difficult to achieve.

Cheers.

7 0
3 years ago
Richard participated in a study conducted by an advertising agency. During his interview, he was asked to gauge the services pro
Rasek [7]

Answer:

The correct answer is letter "A": product-specific preplanning inputs.

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Product-specific preplanning input makes use of <em>focus group interviews and demographic and psychographic segmentation </em>as feeds to create marketing strategies.

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3 years ago
During the final or phaseout stage of the project life-cycle, __________ is the dominant goal of many project managers.
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During the final or phaseout stage of the project life-cycle, scope is the dominant goal of many project managers.
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3 years ago
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