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kotegsom [21]
4 years ago
10

Which of the following statements is true:

Business
1 answer:
Assoli18 [71]4 years ago
8 0

Answer:

The correct answer is the option A.

Explanation:

To begin with, the <em>monopolistic competition</em> is a type of market characterized by a large number of competitors and products that are mostly heterogeneous due to the fact that all the firms try to achieve the differentation of its product by aggregating unique features or changing the price as much as they can.

Secondly, a <em>oligopolistic </em>market is the type that is characterized by a few number of competitors that dominate the market and have a great influece on the price and that are very dependant on the other company's action.

Finally, in those types of markets the <em>advertising is a huge weapon</em> they can use due to the fact that as there are products that are heterogeneous <em>they must capture the client's attention and try to make them more loyal to the brand</em>.

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3 years ago
The Average Product of Labor is __________.
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Answer:

A) the ratio of output to the number of workers used to produce that output.  

Explanation:

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All the other choice involve the change in total cost/revenue/output which means it will be Marginal and not average.

3 0
3 years ago
You missed writing down a transaction but your account indicates you spent your entire cleaning budget of $750. Your other trans
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4 0
3 years ago
Intellectual Property in Fashion/ Trademarking color in the Red Sole case was:______.
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Answer:

b. Allowed if the rest of the shoe was of a contrasting color

Explanation:

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