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tatiyna
3 years ago
7

Monopolistic competition is different from perfect competition because:

Business
2 answers:
Anni [7]3 years ago
8 0

Answer:

D. differentiated products

Explanation:

Monopolistic competition refers to a kind of imperfect competition where there are may producers that sells differentiated goods that are therefore not perfect substitutes.

Perfect competition is where there are many producers that sell homogeneous or identical goods that are perfect substitutes.

Therefore, monopolistic competition is different from perfect competition because of differentiated products.

tatiyna3 years ago
6 0

Answer:

D. differentiated products 

Explanation:

A perfect competition is characterised by many buyers and sellers of homogenous goods and services.

Buyers and sellers are price takers. Market price is set by forces of demand and supply.

A monopolistic competition is when there are many buyers and sellers of differentiated goods . Firms set the market price for their goods. The demand curve is downward sloping.

I hope my answer helps you

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<span> </span>The establishment was a loosely knit coalition of those who controlled state policy in the days of one party democratic politics in Texas such as the Anglo business and oil company executives, lawyers, and bankers. Political change in Texas and the nation eroded the conditions that fostered Democratic dominance.<span />

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3 years ago
Why do people keep money in transaction accounts?
Scorpion4ik [409]

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so they have savings I don't I'm just guessing

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4 years ago
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Answer:

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Explanation:

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4 years ago
The ________ technique fits situations where more recent events carry greater influence. a. dynamic forecasting b. moving averag
zheka24 [161]

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4 0
3 years ago
Determine the cost assigned to ending inventory and to cost of goods sold using specific identification. For specific identifica
Dahasolnce [82]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

For specific identification, ending inventory consists of 390 units, where 370 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory.

We weren't provided with enough information to answer the requirement. But, I can give you the answer using simulated numbers.

<u>Under specific identification, the company calculates the ending inventory and cost of goods sold with the exact units that were sold or remain in inventory.</u>

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