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Alex777 [14]
3 years ago
15

Monopolistic competition resembles pure competition because:

Business
1 answer:
OleMash [197]3 years ago
7 0

Answer:

The correct answer is D.

Explanation:

Monopolistic competition is a type of imperfect competition such that many producers sell products that are differentiated from one another as goods but not perfect substitutes (such as from branding, quality, or location). In monopolistic competition, a firm takes the prices charged by its rivals as given and ignores the impact of its own prices on the prices of other firms.

Monopolistic competitive markets:

have products that are highly differentiated, meaning that there is a perception that the goods are different for reasons other than price;

have many firms providing the good or service;

firms can freely enter and exits in the long-run;

firms can make decisions independently;

there is some degree of market power, meaning producers have some control over price; and

buyers and sellers have imperfect information.

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Gidgits Galore has been busy during this lesson continuing its expansion plans throughout the United States. After all, everyone
seraphim [82]

Answer:

1. Must Gidgits Galore provide its employees with benefits? No

2. Does Gidgits Galore have to implement a payroll tax for unemployment, workers' compensation, or Social Security? Yes

3. Gidgits Galore is concerned about hiring employees from other countries whose language skills may not be proficient and is considering hiring only native English speakers. Is this a good idea? No

4. Does the Commerce Clause have an effect on Gidgits Galore? Yes

5. Can Gidgits Galore face any repercussions if it disregards Title VII? Yes

6. Gidgits Galore is concerned about hiring employees from other countries whose language skills may not be proficient and is considering hiring only native English speakers. Would this represent "disparate treatment"? Yes

7. Gidgits Galore wants a "young and hip" workforce. Is there a problem if it chooses not to hire anyone over the age of forty? Yes

8. Gidgits Galore wants to put a section in its updated employment manual preventing employees from taking more than thirty days from work without pay, regardless of the reason. Is this a good idea? No

9. What if Gidgits Galore wants to add a provision to its employee manual preventing employees from forming a union? Can this be done? No

Explanation:

Edge 2021

4 0
3 years ago
Texas ranks in terms of state spending per capita and it ranks in terms of how much money it gets from the federal government
Taya2010 [7]

The given statement " Texas ranks in terms of state spending per capita and it ranks in terms of how much money it gets from the federal government " is TRUE

Explanation:

In 2007, the State spending per capita, fiscal 2007, ranked Texas among 50 States in per capita policy (expenditures) revenue.

i. $ 3,831.00B/2007

Texas is the 43rd largest state and federal government on total per capita general spending.

Texas has been a low-cost country for a long time, often to the exclusion of the most needed services. Public education as well as health care and human services are the two biggest areas of government spending, collectively accounting for over half of all all-funds and general income budgets. Nonetheless, Texas has a low level of spending per pupil and per patient in the field of health care.

3 0
3 years ago
Geothermal corp. just announced good news: its earnings have increased by 20%. most investors had anticipated an increase of 25%
Nataly_w [17]
The answer would be the stock price will decrease. The reason behind this is the original price replicates an expectation or looking forward of a 25% upsurge in the company’s earnings. The actual increase is a dissatisfaction compared to original expectations.
3 0
3 years ago
HELP PLEASE!
ad-work [718]

Answer: C.

Explanation: When you pay any bill, you don't borrow money, you give your own money to the company or whoever you are giving the money to.

8 0
2 years ago
The world price of a ton of steel is $1000. Before Russia allowed trade in steel, the price of a ton of steel there was $650. On
Arte-miy333 [17]

Answer:

The correct answer is B

Explanation:

Export is the term which is defined as the goods and the services which are produced in one country and the residents of the other country purchased or bought it.

In short, it means that produced domestically, and then sold it to the foreign country.

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6 0
3 years ago
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