Answer:
Answer A
Explanation:
Monopolistic competition is a market structure that is in the middle of monopoly and competitive market. All the firms in monopolistic competition have a low degree of market power and take prices as they are. Therefore, these firms advertise heavily as in the long run demand for their products is highly elastic, sensitive to price changes and in the short run economic profit is positive but gravitates towards zero in the long run. Any source of advantage in comparison to the competition can therefore be higher product differentiation.
Answer:
Ozzie's purchase of the 2017 new Ford would be included in GDP
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
Only goods produced in a given year would be included in the calculation of GDP.
Its only the 2017 new Ford that produced in 2017 that would be counted as part of 2017's GDP
I hope my answer helps you
(ﾉ◕ヮ◕)ﾉ*:･ﾟ✧ ✧ﾟ･: *ヽ(◕ヮ◕ヽ)
La NIC 2 define los inventarios como activos que son: mantenidos para la venta en el curso normal del negocio, en el proceso de producción para dicha venta, o. en forma de materiales o insumos para ser consumidos en el proceso de producción o prestación de servicios.
